Search Results for: ICO
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
Grant Thornton reports record global revenues
January 9th, 2017
Grant Thornton today announced total combined record global revenues of US$4.8bn for the financial year ended 30 September 2016. Revenues at Grant Thornton member firms grew 7.8% measured on a local currencies basis, and at 3.3% when measured in ...
FMQ breaks $15 trillion
January 9th, 2017
Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantityi has now breached the $15 trillion ...
Coca-Cola was sued for downplayed sugar effects
January 5th, 2017
Coca-Cola, ABA Accused of Tobacco-Like Deception in Lawsuit Federal court complaint alleges Coke downplayed sugar effects Sugary drinks ‘are scientifically linked to obesity, diabetes’ Coca-Cola was sued by activists who compare the beverage giant’s advertising tactics to the tobacco ...
U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap
January 4th, 2017
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...
CySec issued a Circular in relation to Whistleblowers
January 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular for persons wishing to report cases of actual or potential infringement of Regulation (EU) No 596/2014 on market abuse– Whistle-blowers. The Subject of the circular is “Procedures for ...
The Nigerian Fintech landscape expands
January 3rd, 2017
Africa has caught the world’s attention with its advancements in the financial technology (fintech) space and usage of mobile money. The Nigerian fintech landscape, specifically, has the capability to become one of the most significant leaders in Africa’s innovation. ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
Chinese Traders Charged With Trading on Hacked Nonpublic Information Stolen From Two Law Firms
December 28th, 2016
Marks First Time SEC Charges Hacking Into Law Firm Computer Networks The Securities and Exchange Commission today charged three Chinese traders with fraudulently trading on hacked nonpublic market-moving information stolen from two prominent New York-based law firms, racking up ...
Toshiba may book loss of several hundreds of billion yen; stock tumbles 12 percent
December 27th, 2016
Toshiba Corp (6502.T) said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition – a shock warning that sent it stock tumbling 12 percent and rekindled concerns about its ...
