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Brussels orders EU countries to claw back ‘illegal’ tax rulings

October 22nd, 2015 (0)
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat Chrysler Automobiles. The move is a heavy blow to profit-shielding ...

MiFID II – the road ahead

October 22nd, 2015 (0)
The financial Conduct Authority (FCA), the financial regulator of UK, has published a Speech by David Lawton, Director of Markets Policy and International, FCA, delivered at the FCA MiFID II Conference, London. David Lawton, Director of Markets Policy and ...

Greece, lenders start talks on reform compliance

October 22nd, 2015 (0)
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and pension reforms. Team leaders from three European institutions and the ...

5 reasons oil could be nearing a new tipping point

October 22nd, 2015 (0)
Oil’s bounce back from the summer’s lows has the look of a bottoming in crude prices, but some strategists say the shakeout is not over. “I’m pretty sure we’re going to see a new low. The probabilities are that ...

20 Reasons Why All The People That Quit Prepping After September Are Dead Wrong

October 21st, 2015 (0)
Millions of Americans were gearing up for some huge event to happen in September, but the world didn’t end and now many of them have given up entirely on prepping.  Of course the truth is that some absolutely earth-shattering ...

FINRA Sanctions 12 Firms a Total of $6.7 Million

October 21st, 2015 (0)
More than $4 Million in Restitution Ordered to Affected Customers The Financial Industry Regulatory Authority (FINRA) has issued an announcement to inform that: That it has ordered 12 firms to pay restitution totaling more than $4 million and fines ...

OPEC Is About to Crush the U.S. Oil Boom

October 21st, 2015 (0)
U.S. oil output almost back down to level of last OPEC meeting Saudi-led strategy is paying off, says Societe Generale After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of ...

US undercover agent jailed for six years for Silk Road Bitcoin theft

October 21st, 2015 (0)
A former undercover policeman has been sentenced to six and half years in prison for stealing $700,000 of the virtual currency bitcoin. Agent, Carl Force was part of the Drug Enforcement Administration (DEA) investigation into the black market website ...

Interactive Brokers reports Earnings for 3Q 2015

October 21st, 2015 (0)
Interactive Brokers Group, Inc. an automated global electronic broker and market maker has issued a press release to announce on its Group results for the quarter ended September 30, 2015. The Company reported diluted earnings per share on a ...

Negative Interest Rates Are Here

October 20th, 2015 (0)
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
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