Search Results for: ELA
JPMorgan faces cyber attack with more than 76 Million accounts compromised
October 3rd, 2014
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...
Russia debt freeze is lesson for Hong Kong
October 2nd, 2014
Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in Hong Kong, which have this week tested China, the world’s ...
Australia 200 – Enjoys Some Support Around 5250
October 2nd, 2014
Australia 200 for Thursday, October 2, 2014 For all of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and ...
Tax Tactics Threaten Public Funds
October 2nd, 2014
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...
Philips Electronics to appeal ruling in $467 million patent lawsuit
October 2nd, 2014
Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used to help ...
IOSCO Launches Second Securities Markets Risk Outlook
October 2nd, 2014
The International Organization of Securities Commissions (IOSCO) has published the IOSCO Securities Markets Risk Outlook 2014-2015, a forward-looking report focusing narrowly on issues relevant to securities markets and whether these may be, or could become, a threat to the ...
Samsung’s profit hit bottom in third quarter ahead of slow recovery
October 2nd, 2014
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup. According to analysts, the world’s largest ...
WiLan says loses LTE patent case against Apple
October 2nd, 2014
WiLan Inc (WIN.TO), a Canadian patent licensing company, told that a U.S. judge had ruled in favor of Apple Inc (AAPL.O) in a litigation case against it. “WiLan has been advised that Judge Dana M. Sabraw has issued a ruling ...
EU publishes details over Apple’s Irish tax breaks case
September 30th, 2014
European Union antitrust officials published Tuesday details about a decision to open an in-depth investigation into Apple’s tax deals with Ireland that it alleges fall short of international standards. In a letter from the European Commission to Irish authorities ...
Drug patents held overseas can pare makers’ tax bills
September 30th, 2014
As the Obama administration tries to stop companies from avoiding taxes by moving their headquarters overseas, the makers of some of the world’s most lucrative and expensive medicines are using another tactic to reduce their payments to the government. ...