Search Results for: EC
Argentina shares fall on debt repayment doubts
June 20th, 2014
Argentina’s stock market closed 4.9% lower on Thursday after the country’s cabinet chief said there would be no delegation to the US to negotiate with bondholders over a $1.3bn (£766m) debt. Earlier this week, a US Supreme Court ruling ...
Tim Carmody’s chief justice elevation denounced by Queensland judge
June 19th, 2014
A Queensland court of appeal judge has become the first sitting justice to criticise Tim Carmody’s appointment as the state’s next chief justice, calling on him to withdraw. Justice John Muir is the latest senior legal figure to attack ...
Bristol financial controller jailed for fraud
June 19th, 2014
The Western Daily Press and Bristol Post reported that Neil Gover was sentenced to 20 months’ imprisonment at Bristol Crown Court, after he pleaded guilty to fraud by abuse of position. Gover’s fraud was discovered by the owner of ...
Wheat Extends Gains as Rain Threatens to Thwart U.S. Harvest
June 19th, 2014
Wheat rose for a second day on concern that rain from Oklahoma to Kansas may delay harvesting and cause crop quality to deteriorate in the U.S., the world’s biggest exporter. Between 0.5 inch and 2 inches (5.1 centimeters) of ...
‘Bitcoin Bowl’ deal with BitPay brings Digital Cryptocurrency closer to Legitimation
June 19th, 2014
To win over a public still skeptical of digital currencies and to get some good headlines in a year marked by bad press for its falling price and bankruptcy scandals, bitcoin promoters are turning to America’s favorite pastime – ...
Core Liquidity Markets Announces MT4 Mobile Trading
June 19th, 2014
An Australia-based Forex broker and ASIC regulated ACN 164 994 049, namely Core Liquidity Markets, has announced the release of the MetaTrader 4 mobile trading application. The application is available for both iPhone and android and there is an IPad version available ...
Bank of America instructs Shearman & Sterling disputes head for forex lawsuit
June 19th, 2014
Shearman & Sterling has landed a major advisory role for Bank of America on a sprawling US lawsuit over alleged rates rigging in the foreign exchange market. A filing earlier this month shows a New York-based group of Shearman ...
Accountant jailed for £95,000 VAT fraud
June 19th, 2014
An accountant from North Devon has been jailed for a £95,000 VAT fraud. Robert Leonard Carpenter pleaded guilty after he was caught when HMRC became suspicious of his VAT repayments and requested his invoices. He later admitted that much ...
Six banks sued over trustee roles
June 19th, 2014
A group of big investors including Blackrock and Pimco are suing six different banks including Deutsche Bank and HSBC for their role as trustees of mortgage-backed securities in the lead up to and during the financial crisis. In six ...
China Blocks European Shipping Pact, Sending Maersk Down
June 18th, 2014
A.P. Moeller-Maersk A/S (MAERSKB) said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators unexpectedly blocked formation of a global shipping alliance. “We have different tools in our toolbox ...
