Search Results for: ELA
PayPal reports record revenues
July 27th, 2017
PayPal has issued today an announcement to publish Second Quarter 2017 Financial Results. According the results: PayPal drove record revenues, volume, and net new actives: In the second quarter, we added 6.5 million net new active accounts to our payments ...
UK court obliges Ukraine to pay par value on its Eurobond debt to Russia
July 27th, 2017
The High Court of London has bound Ukraine to pay £2.8 million ($3.6 million) to Russia as compensation for legal costs related to Kiev’s Eurobond debt, the Russian Finance Ministry announced on Wednesday. According to a statement on its ...
FED expects inflation on a 12-month basis to remain somewhat below 2 percent
July 27th, 2017
The Federal Reserve , the central bank of the United States, has issued a FOMC statement. According the FOMC statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to ...
Dollar sank, euro added 0.2 percent and the Aussie extended gains; Early Forex review
July 27th, 2017
The dollar sank and Treasuries climbed after the Federal Reserve signaled that inflation remains persistently below its target even as the economy picks up steam. Asian stocks rose to the highest in almost a decade on optimism about corporate ...
International association of independent and global accounting firm announced new President
July 26th, 2017
DFK International has appointed Roland Graf as the global accountancy association’s new president. Roland is a popular and prominent member of DFK and a partner and specialist tax lawyer at Peters, Schönberger & Partner (PSP), a multi-disciplinary firm located ...
CFTC Grants DCO Registration to LedgerX LLC
July 26th, 2017
The U.S. Commodity Futures Trading Commission (CFTC) announced that by a unanimous vote of the Commission, it has issued an order granting LedgerX, LLC (LedgerX) registration as a derivatives clearing organization under the Commodity Exchange Act (CEA). Under the order, ...
Staff of a Forex trading firm continue to be held hostage in alleged extortion attempt
July 25th, 2017
USGFX: Australian currency trader staff in Shanghai held hostage in alleged extortion attempt Three Chinese and Taiwanese staff members from an Australian foreign exchange trading firm continue to be held against their will in a Shanghai office, in an ...
Multinational law firm success in landmark class action case sought against MasterCard
July 25th, 2017
Freshfields Bruckhaus Deringer has had a major success after the Competition Appeal Tribunal (CAT) ruled against certifying a US-style £14bn opt-out consumer damages antitrust class actions against its client MasterCard. Mr Justice Roth, CAT President, ruled against allowing the ...
Australian financial services provider pays penalties
July 25th, 2017
Financial Choice Pty Ltd (Financial Choice), an Australian financial services provider, has paid two ASIC infringement notice penalties totalling $21,600, after making misleading representations in marketing emails sent to consumers and on its website. The first infringement notice related ...
Investigators found by accident a hacker claiming he pocketed millions of dollars in Bitcoins
July 24th, 2017
Pennsylvania police, hunting for stolen laptops, say they stumbled on $40 million bitcoin scam Law enforcement in Bucks County, Pa. likely didn’t think they were dealing with a dark Web criminal pro when Theodore Price’s name first popped on ...