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Oil prices fall on rise in U.S. drilling, strong dollar

October 17th, 2016 (0)
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand. U.S. West Texas Intermediate ...

Portugal’s Antonio Guterres elected UN secretary-general

October 14th, 2016 (0)
Former Portuguese Prime Minister Antonio Guterres has been officially appointed as the next UN secretary-general. He will become the world’s top diplomat on 1 January when Ban Ki-moon’s second five-year term ends. Mr Guterres, 67, who led the UN ...

Wells Fargo Chairman and CEO is stepping down following fake accounts scandal

October 13th, 2016 (0)
Embattled Wells Fargo Chairman and CEO John Stumpf is stepping down from the bank he has led for nearly a decade, following intense scrutiny over a fake accounts scandal that erupted last month. San Francisco-based Wells said Wednesday that ...

NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors

October 6th, 2016 (0)
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...

Open Range Trading LLC and its owner charged by CFTC

October 5th, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action charging Defendants Jody Dupont of Anderson, South Carolina, and his company, Open Range Trading LLC(Open Range), with fraudulently soliciting clients and prospective clients to subscribe to a commodity futures day-trading ...

CFTC charged Schooloftrade.Com and its owners for fraud

October 3rd, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil anti-fraud enforcement action in the U.S. District Court for the Central District of California charging Defendants Joseph Dufresne (a/k/a Joseph James) and Megan Renkow (a/k/a Megan James), both of Palos Verdes Estates, California, ...

Google could face large fine by EU over Android anti-competitive practices

October 3rd, 2016 (0)
EU wants to stop Google forcing smartphone manufacturers to pre-install Android OS. Google might face a “large fine” for anti-competitive practices by the European Union, which is considering stopping the company from paying smartphone manufacturers to pre-install its Search ...

Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops

October 3rd, 2016 (0)
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...

America is on a slippery slope

September 30th, 2016 (0)
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men ...

CFTC charges company and individual for Illegal Off-Exchange Precious Metals Transactions

September 21st, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Florida-based Defendants KB Concepts Group, LLC d/b/a Apex Asset Advisors, LLC (Apex) and Kelvin Burgos, Apex’s president, ...
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