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Tesco to suspend more senior staff over £250m accounting scandal

October 14th, 2014 (0)
Tesco is expected to suspend more senior staff as part of its ongoing investigation into a £250m black hole, according to The Independent. Five executives have already been asked to stand aside while an investigation by Deloitte and law ...

Moscow Exchange Signs Cooperation Agreement with Bank of China

October 13th, 2014 (0)
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an ...

CSSF imposes administrative fine on Roadchef Finance Ltd

October 13th, 2014 (0)
CSSF, Luxembourg’s financial regulator, fined RoadChef Finance Limited according to Article 25(1) of the law of 11 January 2008 on transparency requirements for issuers of securities (the “Transparency Law“). The CSSF noticed that the issuer in question failed to act ...

AMF warns of the dangers of forex market trading for individual investors

October 13th, 2014 (0)
The AMF, France’s financial markets regulator, has begun an online publicity campaign to increase public awareness of the risks of trading in the forex market, following the growing number of complaints from investors and many advertisements for investors to trade ...

The Age of Vulnerability

October 13th, 2014 (0)
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...

Ireland Considers changes on Corporate Tax

October 13th, 2014 (0)
Multinational companies are bracing for their last serving of the “Double Irish.” Ireland is expected on Tuesday to announce changes to its tax code that could eventually close one of the world’s most famous corporate-tax loopholes, dubbed the Double ...

European banks raise more capital before ECB stress test

October 13th, 2014 (0)
Euro zone banks have raised 35 percent more capital ahead of the European Central Bank’s (ECB) latest stress test than they had set aside before the 2011 review, according to a report published by law firm Linklaters. The euro ...

Australia 200 – Falls to Eight Month Low Near 5150

October 10th, 2014 (0)
Australia 200 for Friday, October 10, 2014 Since the beginning 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 ...

Icahn: Apple shares sell at ‘half price’ value

October 10th, 2014 (0)
As a major Apple shareholder, Carl Icahn thinks his stock in the iPhone maker should have more iValue. So Icahn — who owns 53 million shares in Apple —on Thursday fired off a note to Apple CEO Tim Cook. ...

Security software maker Symantec to split into two public companies

October 10th, 2014 (0)
Norton antivirus maker Symantec Corp (SYMC.O) will split into two publicly traded companies, one selling security software and the other providing data management, potentially making itself more attractive to suitors. Symantec’s revenue growth has lagged the rest of the ...
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