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US, states announce settlement with BP over gulf oil spill

October 6th, 2015 (0)
The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would ...

Exchanges from around the world announced their trading volumes for September 2015

October 6th, 2015 (0)
Exchanges from Russia, Germany and USA have issued press releases to inform investors regarding their trading volumes results for September 2015. Moscow Exchange Moscow Exchange Trading Volumes in September 2015 The Derivatives Market and FX Market posted the strongest ...

Trans-Pacific free trade deal agreed creating vast partnership

October 6th, 2015 (0)
The biggest trade deal in decades was struck on Monday. The Trans-Pacific Partnership (TPP) cuts trade tariffs and sets common standards in trade for 12 Pacific rim countries, including the US and Japan. It marks the end of five ...

Bitcoin flounders in Australia as regulatory worries bite

October 5th, 2015 (0)
Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency‘s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last ...

How the Big Four have returned to consulting with a bang

October 2nd, 2015 (0)
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...

Banks Finalize $1.86 Billion Credit-Swaps Settlement

October 2nd, 2015 (0)
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...

Shell stops Arctic activity after ‘disappointing’ tests

September 28th, 2015 (0)
Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement (read below the announcement), the company said it would ...

Swiss Investigate Seven Banks Over Precious Metals Market Trading

September 28th, 2015 (0)
Inquiry involves possible collusion between UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui A Swiss regulator has opened an investigation into precious metals trading at a group of large banks, marking the latest in a line ...

Google Said to Be Under U.S. Antitrust Scrutiny Over Android

September 28th, 2015 (0)
New FTC inquiry comes years after it closed search-engine case Lingering skepticism meets probe over access to phone platform Google Inc. is back under U.S. antitrust scrutiny as officials ask whether the tech giant stifled competitors’ access to its ...

VC Head Believes Israel will Lead Blockchain App Industry

September 25th, 2015 (0)
The managing director of Santander Group’s venture capital firm believes that Israel will become a reference market for blockchain applications. Mariano Belinky, who has recently invested in an Israel-based payment application, expressed his faith in the technologically advanced nation, ...
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