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Oil Slump Forces Deep Cuts by Service Providers

November 6th, 2015 (0)
Oil-field service companies feel the pinch as producers pull back Oil-field service companies are slashing costs amid an industry-rattling fall in crude prices, and no cut is too small—such as using white paint instead of yellow on underwater equipment. ...

Virtusa Announces Definitive Agreement to Acquire a Majority Interest in Polaris Consulting & Services, Ltd.

November 5th, 2015 (0)
Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro ...

SEC Identifies More Alleged Corrupt Brokers in Stock Manipulation Case

November 5th, 2015 (0)
The Securities and Exchange Commission announced it has identified three additional individuals to charge in a penny stock manipulation case the agency filed last year against alleged corrupt brokers and others. The SEC filed a request in federal court ...

Bitcoin to be 6th largest reserve currency by 2030: Research

November 5th, 2015 (0)
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...

Law firms consider deal to create a leading global law firm

November 5th, 2015 (0)
Pacific Rim Powerhouse: Dentons, 大成, Gadens and Rodyk & Davidson consider deal to create the Pacific Rim’s leading global law firm The global law firm Dentons, the Chinese firm 大成, the Singapore firm Rodyk & Davidson, and the Australian ...

US Presses Europe to Take Steps to Reduce Greece’s Debt: Investors need confidence

November 5th, 2015 (0)
Investors need confidence Greece’s debt is sustainable Servicing obligations are only part of the equation, U.S. says The U.S. is pressing euro-area countries to agree to an overhaul of Greece’s debt to give private-sector investors confidence that the nation’s ...

Snapshots of Well-Being Across High-Income Countries

November 4th, 2015 (0)
Well-being is a multidimensional concept, for countries as well as for individuals. Thus, in the recent OECD report  “How’s Life 2015: Measuring Well-Being,” the emphasis goes well beyond basic one-dimensional measures of well-being like per capita GDP and offers comparisons ...

Worldline to join forces with Equens to strengthen its pan-European leadership in payment services

November 4th, 2015 (0)
A transformational deal for Worldline, providing the enlarged Worldline Group a highly comprehensive pan-European footprint, with leading positions and offerings in key geographies (France, Belgium, the Netherlands, Germany, Italy, the Nordics). A transaction structured in two components: An asset/share deal in Financial Processing, by merging the processing ...

MFSA Warning: COSMIC FINANCIAL SERVICES (MALTA) LIMITED

November 4th, 2015 (0)
In terms of article 4(1)(c) of the Malta Financial Services Authority Act, one of the MFSA’s functions is to keep the general public informed of important developments in the sector that it regulates, and to provide the public with ...

Major Global Banks announced their results for 3Q 2015

November 4th, 2015 (0)
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
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