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EU approves conditional Telefonica deal

July 2nd, 2014 (0)
Telefonica SA (TEF) won European Union approval to merge its German unit with Royal KPN (KPN) NV’s E-Plus after it pledged to bolster smaller rivals and divest spectrum, the European Commission said. Telefonica must sell as much as 30 ...

How Much Did Google Pay For Songza?

July 2nd, 2014 (0)
Seeking to make Google Play Music a top competitor, Google Inc. bought music streaming service Songza, Reuters reported on Tuesday. Google revealed it will discover how to integrate aspects of Songza into its existing streaming service in the coming ...

Green Action plan for SMEs

July 2nd, 2014 (0)
It is time for SMEs to turn sustainability challenges into opportunities. Accountants can make both the short and the long-term case for sustainability, says global accountancy body. Despite the importance of small and medium-sized enterprises (SMEs) to the world ...

Central Bank sells 11% stake

July 2nd, 2014 (0)
The Central Bank of Russia announced the sale of an 11% stake in Moscow Exchange to the market. The sale is in line with the Central Bank”s obligation to completely exit the shareholder capital of Moscow Exchange by 1 ...

Gouging the Gauchos

July 2nd, 2014 (0)
Like individuals, corporations, and other private firms that rely on bankruptcy procedures to reduce an excessive debt burden, countries sometimes need orderly debt restructuring or reduction. But the ongoing legal saga of Argentina’s fight with holdout creditors shows that ...

Singapore Says More Overseas Criminals Seek Bank Accounts

July 2nd, 2014 (0)
Singapore prosecuted a record number of money laundering cases and seized more than S$115 million ($92 million) of suspected criminal proceeds in 2013 as more overseas offenders seek out bank accounts in the city. “Singapore’s openness as an international ...

JPMorgan Investors Show Support for Dimon in Cancer Fight

July 2nd, 2014 (0)
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank. ...

UK probe for Facebook for breaking data protection laws

July 2nd, 2014 (0)
A UK regulator is investigating whether Facebook broke data protection laws when it conducted a psychological study on users without their consent. The test saw Facebook “manipulate” the news feeds of nearly 700,000 users to control which emotional expressions ...

Goldman Sachs fined over dark pool pricing

July 2nd, 2014 (0)
Goldman Sachs has been fined $800,000 (£466,000) by a US regulator for “failing” to ensure that trades in its dark pool took place at the best price. The regulator said more than 395,000 trades were executed in the bank’s ...
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