Search Results for: Ether
Trafigura Targets $8B India Metals Market With Online Store
July 16th, 2014
Switzerland-based Trafigura has launched an online store in India to sell aluminum, copper and other metals, seeking a slice of the $8 billion market and becoming the first big commodities trader to cater to hordes of small manufacturers dotting ...
Obama Seeks To Clamp Down On Corporate Inversions, Retroactive Legislation Possible
July 16th, 2014
The Barack Obama administration on Tuesday called for immediate legislation to prevent U.S.-based companies from re-incorporating overseas for lower taxes, the Wall Street Journal reported Tuesday. Treasury Secretary Jacob Lew wrote a letter to Senate Financing Committee Chairman Ron ...
Crude oil falls below $100 for first time since May
July 16th, 2014
The price of oil fell below $100 a barrel for the first time since May even as the deteriorating security situation in Libya has raised questions about whether the country can soon increase crude exports. Benchmark U.S. crude for ...
Emerging Nations Bloc to Open Development Bank
July 16th, 2014
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence of venerable institutions like the World Bank and the International ...
Alibaba IPO Update
July 16th, 2014
Investors were given an update on the Alibaba IPO on Tuesday, when Yahoo! Inc. (Nasdaq: YHOO) reported second-quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. (NYSE: BABA) and will be selling a large percentage of ...
Apple and IBM in Broad Software Deal for Businesses
July 16th, 2014
Apple is moving up to business class. And its seatmate will be IBM. In a deal that could deepen Apple’s sales to corporations and strengthen IBM’s position in business software, the two companies announced a wide-ranging partnership intended to ...
Bank of England policymakers discuss controls on banks
July 15th, 2014
Bank of England Governor Mark Carney and three other policymakers appeared before British lawmakers on Tuesday to discuss last month’s half-yearly Financial Stability Report, which recommended tighter curbs on mortgage lending. See below for highlights of the remarks from ...
UK Government defends mass interception of online data at tribunal
July 15th, 2014
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing complaints about surveillance. The government’s arguments were disclosed as lawyers ...
Microsoft is expected to cut jobs during this week
July 15th, 2014
Microsoft Corp. (MSFT:US) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said. The reductions — ...
Oil Company Ordered To Halt Illegal Operation Near Fla. Panther Preserve
July 15th, 2014
Environmentalists are claiming victory over the Dan A. Hughes Co., which has been drilling for oil in an area of southwestern Florida next to a protected panther habitat near the Everglades. The company was using a banned technique to ...
