Search Results for: Ether
Tobacco giant eyes $47 billion merger
October 21st, 2016
British American Tobacco has launched a $47 billion (£38 billion) bid to buy US tobacco giant Reynolds. The tobacco giant, which already owns 42.2% of Reynolds, has offered $55.5 per share for the outstanding 57.8%. This represents a premium of ...
Online gambling firms under investigation over fears for unfair customers terms and conditions
October 21st, 2016
This follows concerns raised by the Gambling Commission about potential breaches of consumer law, including misleading promotions and unfair terms, being used by firms to block players’ payouts. The Competition and Markets Authority (CMA) is today issuing Information Notices ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
SFC reprimands and fines two JP Morgan entities HK$5.6 million for regulatory breaches
October 20th, 2016
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and JPMorgan Chase Bank, National Association (JPMCB), and fined them $3 million and $2.6 million respectively for regulatory breaches including disclosure failures in research ...
Seven worrying trends in the European refugee crisis
October 20th, 2016
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
Deloitte now focuses on blockchain technology and the Internet of Things (IoT)
October 19th, 2016
Deloitte Catalyst accelerates digital transformation by bringing together critical assets and capabilities from the domains of cognitive technologies, Internet of Things and blockchain and includes as initial members Narrative Science, Kira Systems, Ayasdi and Loyyal, among others. Deloitte Catalyst has enabled Deloitte to launch ...
Multinational law firm has elected a new European senior partner
October 19th, 2016
It was announced today that King & Wood Mallesons (KWM) has elected Frankfurt partner Michael Cziesla as its new EUME Senior Partner. Michael takes up the position with immediate effect and for a term of three years. Michael is a leading ...
The USA based Tax Foundation published the 2016 International Tax Competitiveness Index; Estonia is on Top
October 19th, 2016
Introduction The structure of a country’s tax code is an important determinant of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development, while raising sufficient revenue for a government’s ...
Elliott Wave Analysis On USDCHF And USDJPY
October 18th, 2016
Elliott Wave Analysis On USDCHF And USDJPY USDCHF USDCHF has a contracting shape since pair found a top on October 13th, so we see pair now in just another corrective pattern. It’s probably a triangle placed in fourth wave ...