Oil prices slump
February 8th, 2017
Oil prices slump on bloated U.S. fuel inventories, stalling China demand Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. fuel inventories and a slump in Chinese demand implied that ...
EBay finds ‘material weakness’ in controls over accounting for tax
February 7th, 2017
EBay Inc (EBAY.O) said on Monday it had found that it improperly accounted for tax on certain transactions completed in December, which constituted a material weakness in its internal control over financial reporting. However, eBay said it would not ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
Thomson Reuters to acquire Clarient Global and Avox Limited
February 7th, 2017
Thomson Reuters has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a leading global Know Your Customer (“KYC”) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (“DTCC”), ...
Asian Equities Decline While Aussie, Kiwi Advance
February 7th, 2017
Gold eases after three-day advance, Treasuries continue gains Yen fluctuates after touching highest level since November Asian stock markets were mixed and the dollar strengthened as investors eased up after political uncertainty sent them toward haven assets. The Aussie ...
Lego overtakes Ferrari as the world’s most powerful brand
February 6th, 2017
Analysis of the world’s top brands shows Lego has replaced Ferrari as the most powerful, according to new research. Every year, brand valuation and strategy consultancy Brand Finance puts thousands of the world’s top brands to the test. They ...
An AI Law Firm Wants to ‘Automate the Entire Legal World’
February 6th, 2017
AN AI LAWYER Whether it’s a new employment contract, a rental contract, or sale contract, it needs to be checked before signing. Everyone knows the struggle of working through the dreaded small print, searching for pitfalls hidden in the tiniest details, ...
ESMA publishes 2017 Suprvision plan for CRAs, Trade Repositories and 3rd Country CCPs
February 6th, 2017
The European Securities and Markets Authority (ESMA) has today published its Annual Report and Supervision Work Programmes (Report) setting out its main areas of supervisory focus for credit rating agencies (CRAs), trade repositories (TRs), and third country central counterparties ...
Asian Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
February 6th, 2017
U.S. jobs data show hiring increase with weaker earnings gains S&P 500 closed within 1 point of all-time high on Friday Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank ...
CUSTOMER SUPPORT OFFICERS
February 3rd, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
