Search Results for: Europe
As Israeli bill to ban binary options stalls, Canada prepares law of its own
May 8th, 2017
Binary options are not legal in Canada, but new legislation will make that fact explicit. Official vows endless battle, as some Israeli firms move operations overseas. Fed up with the large-scale theft, much of it emanating from Israel, known ...
Beware of unauthorised providers of financial services
May 8th, 2017
The financial regulatory authorities of UK (Financial Conduct Authority – FCA) and Honk Kong (Securities and Futures Commission – SFC) have issued warnings to inform investors and public about unauthorized providers of financial services. According FCA’s warning, the Authority believes ...
International law firm to merge and create a global insurance practice
May 8th, 2017
The international law firm, Kennedys Law LLP, has issued an announcement to inform that the firm will be merging with insurance leading US firm Carroll McNulty & Kull (CMK). Kennedys law firm released the below announcement: “We are pleased ...
Oil prices rise on expectation of output cut extension
May 8th, 2017
Oil prices rose on Monday as Saudi Arabia’s energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of 2017, although a relentless increase in U.S. drilling capped gains. Brent ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Euronext reports average daily transaction value up +21.7% compared to April 2016
May 6th, 2017
Euronext, the leading pan-European exchange in the Eurozone, today announced trading volumes for April 2017. The April 2017 average daily transaction value on the Euronext cash order book stood at €8,458 million up +21.7% compared to April 2016 and ...
Adidas reports strong start into the year; Q1 2017 results
May 5th, 2017
Major developments in Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS ...
Mobile payments on the rise across GCC, officials say
May 5th, 2017
Online payments, including mobile payments and e-commerce, are set to become a crucial part of the digitisation wave currently sweeping across the GCC, according to a number of industry executives in attendance at the event. “Major trends include subscription ...
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
EU court backs airlines over bird strike claims worth £11m
May 5th, 2017
Lawyers pursuing claims for flight delays have suffered a rare court defeat in a judgment that could scupper thousands of potential claims. The Court of Justice of the European Union ruled today that a collision between an aircraft and ...
