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InstaForex announces partnership with Barclays Premier League runner-up
August 1st, 2014
InstaForex, and legendary Liverpool Football Club announced a two-year partnership today that will run until the end of the 2015/16 season. InstaForex will become the Official Online Forex and Binary Options Trading Partner in Asia and the Commonwealth of ...
RBS warns Scottish ‘yes’ vote would materially impact business
August 1st, 2014
Royal Bank of Scotland (RBS.L) said on Friday that a vote by Scotland to become independent from the rest of the United Kingdom could significantly increase its costs and have a material impact on its business. RBS, which is ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Virginia Governor facing corruption trial
August 1st, 2014
Gov. Bob McDonnell of Virginia and his wife, Maureen, engaged in a corruption trial, described on Thursday a private meeting at which he and Mr. McDonnell had discussed ways to secretly transfer $50,000 to the governor. The witness, Jonnie ...
SEC Enforcement Division Modifies Municipalities Disclosure Initiative
August 1st, 2014
The Securities and Exchange Commission has announced modifications to its Enforcement Division’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative that will provide greater opportunity for smaller municipal securities underwriter firms and municipal issuers to take advantage of the initiative. To ...
British Fraud Office conducts Second Settlement in Inquiry Over Icelandic Bank
July 31st, 2014
Britain’s Serious Fraud Office said on Thursday that it had reached a second settlement in a series of civil claims brought by two brothers after a flawed investigation into the collapse of the Icelandic bank Kaupthing during the financial ...
HMRC’s plan for debt recovery plan
July 31st, 2014
The Law Society has joined the chorus of opposition to government plans to allow HM Revenue & Customs direct access to tax defaulters’ bank accounts. In its response to HMRC’s call for evidence on new powers for direct recovery ...
Microsoft Probe Fuels China Uncertainty
July 31st, 2014
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...
Euro zone inflation declines to near five-year low in July
July 31st, 2014
Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers’ radar but unlikely to spur the European Central Bank into further ...
Alibaba in Talks to Invest in Snapchat
July 31st, 2014
Snapchat Inc. has held preliminary talks with Chinese e-commerce giant Alibaba Group Holdings Ltd. to raise a new round of financing that could value the mobile-messaging startup at about $10 billion, according to people familiar with the matter. The ...