Search Results for: Global share
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
July 21st, 2014
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...
Asia stocks mostly higher, optimistic on U.S. earnings
July 21st, 2014
Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. Volumes were ...
Alibaba Plans IPO for After Labor Day
July 18th, 2014
Investors will have to wait a little longer for a chance to buy into the year’s most-anticipated initial public offering. Alibaba Group Holding Ltd. on Thursday decided to push back its IPO—which could raise more than $20 billion—until after ...
AbbVie-Shire Deal Is Expected, in a Flight to a Lower-Tax Locale
July 18th, 2014
The biggest deal of the year is set to be announced on Friday morning, as the pharmaceutical giant AbbVie plans to announce a $53 billion acquisition of Shire, according to people briefed on the matter. The deal will allow ...
LVMH and eBay settle litigation over fake goods
July 17th, 2014
LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company’s online auction website. The companies are implementing cooperative measures aimed at protecting intellectual property ...
Europe Stocks Slide With Russia’s Ruble as Gold Advances
July 17th, 2014
European stocks dropped while gold and the yen rallied as new sanctions sent Russia’s ruble and bonds plunging amid efforts to curb violence in Ukraine. Chinese shares fell as new offerings locked up funds and a potential onshore-bond default ...
FBI sentences man for a $3.4 Million Forex trading fraud
July 17th, 2014
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run from his Quincy home. Marcellus Lopes Lee was indicted in ...
U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals
July 17th, 2014
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...
U.S. Stock-Index Futures Rise as Apple, IBM Rally on Deal
July 16th, 2014
U.S. stock-index futures advanced as China’s second-quarter economic growth topped estimates and as Apple Inc. and International Business Machines Corp. rallied after announcing a partnership. Apple and IBM rose at least 2 percent each in early New York trading ...
CoinPip Supports Merchants Internationally
July 16th, 2014
Singapore-based bitcoin payment solution CoinPip Pte Ltd has been working tirelessly to make accepting digital currency even easier for its clients and for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their ...
