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Chinese Authorities probe into Pegasus

July 29th, 2014 (0)
Pegasus Communications, a subsidiary of the American public relations firm Edelman, says that its Beijing office was visited last week by the “relevant authorities” and that it was cooperating with an investigation. No details were released about which authorities ...

Banks Cash In on Mergers Intended to avoid Taxes

July 29th, 2014 (0)
Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America still produces the best return.” Yet guess who’s behind the ...

Asian stocks reach three-year peak, China holds gains

July 29th, 2014 (0)
Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was warranted given the torrent of U.S. economic news still to come this week. Hong Kong’s ...

Japan plans to finance foreign Coal Plants

July 29th, 2014 (0)
Following U.S’s and Europe’s negligence for supporting overseas coal projects, Japan has seize the opportunity to advance in this sector. According to the Wall Street Journal, on July 23, Japanese plans were set out in order to support coal-fired ...

Russia faces more sanctions from the U.S. and Europe

July 29th, 2014 (0)
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...

Lloyds Banking Group charged with $370 million fine

July 28th, 2014 (0)
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...

U.S. companies search for growth overseas

July 28th, 2014 (0)
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...

Apple’s $3 billion deal to buy Beats Electronics was given the green light

July 28th, 2014 (0)
Apple’s $3 billion deal to buy Beats Electronics, the company which makes headphones and offers music streaming services, was finally given the green light from the European Union’s antitrust authority. The 28-nation bloc’s executive Commission said Monday the transaction does not ...

Gold for bitcoin could be the new trend

July 28th, 2014 (0)
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...

EUR/USD Below 1.3430 as traders earn from bullish turn

July 28th, 2014 (0)
The dollar was about 0.1 percent from the strongest level in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012. The U.S. currency maintained its biggest ...
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