Search Results for: ICE
Samsung to Fight Apple Smartphone Trial Verdict: Lawyer
May 6th, 2014
Samsung Electronics Co. will challenge a jury’s $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Suwon, South Korea-based company said. Samsung will ask the trial judge and an ...
SEC Charges Toronto-Based Consultant and Four Others in Reverse Merger Schemes Involving China-Based Companies
May 6th, 2014
The U.S. Securities and Exchange Commission (SEC), charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions ...
RBA has issued its monetary policy
May 6th, 2014
The Reserve Bank of Australia (RBA), has issued a press release informing that the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy was a bit below trend in 2013, but ...
China factory activity shrinks in April, new export orders contract
May 5th, 2014
Activity in China’s manufacturing sector contracted for a fourth consecutive month in April, a private survey showed on Monday, adding to questions about whether the world’s second-largest economy is still losing momentum. The final reading of the HSBC/Markit purchasing ...
From The “Silicon Cape” To The “Silicon Savannah,” African Tech Hubs Are Booming
May 5th, 2014
New research shows incredible growth in tech hubs around Africa. These support centers for app developers, hackers and entrepreneurs are just part of a massive technological renaissance in the region, where the population has “leapfrogged” into the mobile age. ...
IRS announces two-year FATCA enforcement transition period
May 5th, 2014
Foreign financial institutions that make a good-faith effort to comply with the requirements of the Foreign Account Tax Compliance Act (FATCA) will benefit from lighter enforcement during 2014 and 2015, the IRS announced on Friday (Notice 2014-33). The IRS ...
USD/CHF retains bearish outlook
May 5th, 2014
Pair’s Outlook At first the new up-trend support line triggered a rally in USD/CHF, forcing it to surge all the way to 0.8832/31. But subsequently the currency pair did not manage to withstand the selling pressure and was broken. ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
FCA warning against unauthorised firms
May 5th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Krono Partners plc (www.propertybondinvestor.com) Skylade Insurance Services (http://www.skylade.com) ...
Court case on streaming TV threatens to cloud our online equality
May 5th, 2014
American Broadcasting Services v Aereo could potentially be viewed as a human rights issue rather than a copyright dispute It is a very big court case about a tiny object. The American broadcasting industry is ferociously interested in its ...
