Search Results for: ICO
EU mergers and takeovers
August 2nd, 2016
Aug 2 The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Sony Corp to buy out the Michael Jackson estate’s stake in its music publishing ...
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
CySec approved a new firm as Administrative Services Provider
July 26th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: 1) ECDDP Cyprus Limited Kyvelis 7, Office ...
Israel and Cyprus agree gas field cooperation
July 25th, 2016
Prime Minister Benjamin Netanyahu and President Nicos Anastasiades agreed to cooperate over the neighboring Yishai and Aphrodite gas fields. Israel’s Prime Minister Benjamin Netanyahu and the President of Cyprus Nicos Anastasiades met yesterday to discuss a wide range of ...
The founder of the Bitcoin Savings and Trust company gets 18 months in prison for Fraud
July 25th, 2016
Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, Shavers was ordered to forfeit $1.23 million and to pay ...
What is going on with Yahoo effort to sell itself
July 21st, 2016
Yahoo making ‘great progress’ on sale. But to what end? The same day CEO Marissa Mayer announces unremarkable earnings, the next — and possibly final — round of bids reportedly comes in. That means the end of Yahoo, as ...
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
July 21st, 2016
The yen weakened against its rival currencies, hitting its six-week low against the dollar, during Asian trade on Thurdsay, on mounting hopes for strong policy steps Tokyo will likely put together later this month. The U.S. dollar USDJPY, +0.22% higher at ¥106.94, ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
European stocks open higher; ARM rallies 45% after Softbank bid
July 18th, 2016
European stocks traded higher led by a rally in ARM shares after Softbank tabled a $32 billion offer for the U.K. semiconductor giant and as investors digest a number of geopolitical events including the failed coup in Turkey. The ...
