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U.S. Stocks Drop on Ukraine as Sprint, Time Warner Slump

August 6th, 2014 (0)
U.S. stocks fell, after equities slipped to a two-month low yesterday, on concern the Ukraine crisis will escalate and as Sprint Corp. and Time Warner Inc. (TWX) tumbled on merger news. Sprint slid 18 percent after a person with ...

FCA sets out its approach to financial promotions in social media

August 6th, 2014 (0)
The Financial Conduct Authority (FCA) has today launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media. The FCA’s overall approach is that the financial promotion rules are intended to ...

Thai PTTEP starts gas exports from Myanmar’s Zawtika project

August 6th, 2014 (0)
Thailand’s state-owned upstream firm PTTEP has started exports of natural gas from the offshore Zawtika project in Myanmar to Thailand on August 5, PTTEP said in a statement Wednesday. The project is currently ramping up production to a rate ...

Japan Expands Sanctions on Russia Over Ukraine

August 6th, 2014 (0)
Japan on Tuesday slapped new sanctions on Russia over its backing of separatist insurgents in eastern Ukraine, adding 40 individuals and two Crimean companies to its blacklist, news reports said. The sanctions went into force immediately after they were ...

Apple, Samsung Agree to End Patent Suits Outside U.S.

August 6th, 2014 (0)
Apple and Samsung Electronics are starting to wind down their global patent battle. The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are ...

Asia shares worn away by Wall Street, oil near nine-month low

August 6th, 2014 (0)
Asian stocks fell broadly on Wednesday while the U.S. dollar held firm after a slump on Wall Street and tensions over Ukraine smothered markets with a mood of risk aversion. Geopolitical concerns overshadowed upbeat U.S. economic data which included ...

China Anti-Trust Regulator Conducts New Raids on Microsoft and Accenture

August 6th, 2014 (0)
A Chinese anti-trust regulator conducted new raids on Microsoft Corp and partner in China Accenture PLC, the agency said on its website on Wednesday, after saying last week Microsoft is under investigation for anti-trust violations. The State Administration for ...

Big Banks’ ‘Living Wills’ Get Failing Grade

August 6th, 2014 (0)
Wall Street banks spent two years asking U.S. regulators what they should put in hypothetical bankruptcy plans to prove they aren’t “too big to fail.” The agencies broke their silence yesterday with a grade: Fail. The Federal Reserve and ...

Russian Gang Amasses Over a Billion Internet Passwords

August 6th, 2014 (0)
A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion user name and password combinations and more than 500 million email addresses, security researchers say. The records, discovered by Hold Security, a ...

Tesla resolves trademark dispute in China

August 6th, 2014 (0)
U.S. electric carmaker Tesla Motors Inc (TSLA.O) said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market. It ...
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