Search Results for: FIS
FED expects inflation on a 12-month basis to remain somewhat below 2 percent
July 27th, 2017
The Federal Reserve , the central bank of the United States, has issued a FOMC statement. According the FOMC statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to ...
Goldman downgrades beer stocks as millennials prefer wine
July 25th, 2017
Goldman Sachs has cut ratings of America’s Boston Beer and Constellation Brands due to sluggish beer sales and a shift in demographic tastes. It has found the younger generation prefer wine to beer. “As we explored back in 2014, ...
Investigators found by accident a hacker claiming he pocketed millions of dollars in Bitcoins
July 24th, 2017
Pennsylvania police, hunting for stolen laptops, say they stumbled on $40 million bitcoin scam Law enforcement in Bucks County, Pa. likely didn’t think they were dealing with a dark Web criminal pro when Theodore Price’s name first popped on ...
Ukraine withdraws PwC bank audit licence over $5.5bn hole at PrivatBank
July 21st, 2017
Ukraine’s central bank said on July 20 that it had withdrawn the bank auditing rights of PwC after the international accounting firm failed to identify alleged improprieties that led to a $5.5bn capital shortfall at the country’s largest lender ...
PayPal Completes Acquisition of TIO Networks
July 19th, 2017
PayPal Holdings, Inc. (NASDAQ: PYPL) and TIO Networks Corp. (TSXV: TNC) announced that PayPal has completed its previously announced acquisition of TIO Networks. In accordance with the terms of the Arrangement announced on February 14, 2017, PayPal acquired all ...
The main moves in markets: Dollar remains at the weakest level; Global bonds climb
July 19th, 2017
Global bonds climb as U.S. equities eke out fresh record highs Dollar remains at the weakest level in nearly a year Asian stocks advanced and futures pointed to higher starts to U.K. and U.S. equity trading as Treasuries steadied ...
Oil prices stable as strong demand meets ongoing supply glut
July 18th, 2017
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the international benchmark for oil prices, were at $48.55 per barrel ...
Watch out: Global selloff in bonds; Investors on edge
July 7th, 2017
Asian bonds slump after German yields reach 18-month highs Yen falls as BOJ seeks to cap yields with bond purchase plan A global selloff in bonds and equities spread to Asia, with investors on edge as central banks step ...
Multinational law firm has further grown its European offering
July 4th, 2017
Fieldfisher, a multinational law firm headquartered in London, United Kingdom has issued an announcement to inform that has further grown its European offering with an office in Bologna, Italy. According the announcement: Fieldfisher continues meteoric growth with latest office ...
Dollar holds advance; Japanese shares climbed to the highest since August 2015
June 20th, 2017
Dollar holds advance after Fed’s Dudley comments on rates path Hong Kong stocks erase gains before MSCI decision on A-shares Asian stocks advanced as technology shares continued a rebound and hawkish comments from a Federal Reserve official allayed concerns ...
