Search Results for: First Data
Global Markets: Stocks end solid week on cautious note
September 11th, 2015
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around the world slipped into the red on Friday but remained ...
Why Vladimir Putin Won’t Be Helping OPEC to Cut Oil Production
September 11th, 2015
Past attempts at cooperation proved `dismal and disappointing’ Siberian winter makes it difficult to be swing oil producer Few things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such ...
Saxo Payments Banking Marketplace adds Credorax merchant acquiring bank to partner portfolio
September 11th, 2015
Partnership leads to even faster time-to-funding for Credorax Merchants Saxo Payments today announces that Credorax, the global digital merchant acquiring bank, joins First Data, Tuxedo Money Solutions, Valitor and Allied Wallet, as a partner in the Saxo Payments Banking Marketplace. ...
Looming FOMC meeting keeps Asian stocks on edge
September 11th, 2015
Asian stocks see-sawed on the final trading day of the week, as investors eyed increased uncertainty heading into the Federal Reserve‘s crucial meeting on interest rates next week. The Fed is widely expected to raise its near-zero interest rate as ...
Revenue & Customs ‘winding down’ inquiries into HSBC Swiss tax evaders
September 10th, 2015
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat HM Revenue and Customs (HMRC) is winding down its inquiries into hundreds of British customers who used HSBC’s Swiss ...
Greece: Capital controls relaxed for corporations
September 10th, 2015
The Greek Finance Ministry eased capital controls on corporate transactions on Wednesday by doubling from 7 to 14 million euros the daily limit each of the country’s four systemic banks is allowed to approve in response to demands by ...
Gold Prices Tread Water Ahead of Federal Reserve Meeting
September 10th, 2015
Gold is slightly lower on the London spot market Gold prices were slightly lower on the London spot market Wednesday, moving between gains and losses as the market remained cautious over a potential rate rise in the U.S. Spot ...
Oil prices fall as Asia’s leading economies slow further
September 10th, 2015
Oil prices fell on Thursday as weak Japanese and Chinese economic data fueled concerns that low levels of investment could further erode already slowing global growth. Japan’s core machinery orders fell 3.6 percent in July, official data showed, much ...
World’s largest law firms to be ‘lawyerless’ within five years
September 9th, 2015
Uber and Facebook cited as examples of what a future legal practice might look like Within the next five years the world’s largest law firms will not employ its own lawyers, is a bold prediction by the UK’s leading ...
Commission presses Member States on VAT revenue collection
September 9th, 2015
VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission. Based on VAT collection figures from 2013, the overall difference between the expected VAT revenue and the amount ...