Search Results for: First Data
EuroFX: How British Firms Built a Pyramid Scheme in China That Lost Millions
August 19th, 2016
The foreign exchange fraudsters hid in the cracks between international jurisdictions. As David Byrne ate breakfast at the Tongli Lakeview Hotel outside Shanghai one Sunday in April, an angry customer was waiting for him. Byrne, 52, is a British ...
UBS’ blockchain chief is leaving
August 18th, 2016
The man leading UBS’ exploration of blockchain and cryptocurrency technologies is leaving the bank, according to an internal memo seen by Business Insider. Alex Batlin is leaving “to pursue an opportunity outside of UBS” the memo written by UBS’ ...
Eight big FX participants commit to new service
August 18th, 2016
The fast-moving and competitive world of post-trade blockchains sees a new entrant in the form ofCobalt DL, a distributed ledger technology platform looking to slash costs in the world of FX trade processing. Cobalt DL was co-founded by Andy Coyne, ...
Dollar Weakens on Fed Outlook as Emerging-Market Shares Advance
August 18th, 2016
Yen breaks 100 after Fed minutes as jobs data boosts Aussie Mongolia’s tugrik stabilizes after interest rate hiked to 15% Emerging-market shares rallied with European stock index futures and the dollar fell versus all of its major peers after minutes ...
European stocks choppy as investors await Fed minutes
August 17th, 2016
European stocks were lower on Wednesday after initially opening higher, as investors remain cautious ahead of the closely-watched release of the U.S. Federal Reserve’s latest minutes. The pan-European STOXX 600 was down 0.5 percent, with all sectors in the red, with ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Oil price heads for $50 after Russia stokes output-deal rumour
August 16th, 2016
Energy minister Alexander Novak pumps up hopes ahead of production talks next month Oil has enjoyed its best three-session gain for four months and the benchmark that sets prices in the North Sea is moving towards $50 a barrel ...
What is the employment rate of young people in EU?
August 16th, 2016
Below is an overview of European Union (EU) statistics related to the employment rates of young people (those aged 20–34 years) who have recently graduated from either upper secondary or tertiary levels of education (as defined by the international ...
Japan stocks drop as oil prices slip
August 16th, 2016
Shares in Asia were mixed on Tuesday, with record gains in the U.S. market overnight offset by a dip in oil prices and a firmer yen. The Nikkei Stock Average NIK, -1.62% was down 1.1% in early morning trade, after flip-flopping ...
Paysafe published Unaudited Interim Results for the 6 months ended 30 June 2016
August 12th, 2016
Paysafe Group plc, global provider of payment solutions, reports strong growth in the six months ended 30 June 2016. Reported H1 2016 revenue increased 118% to $487m (H1 2015: $223m); pro-forma constant currency revenue growth was 20%, up from ...