Search Results for: MoU
Accounting watchdog warns retailers after Tesco scandal
December 8th, 2014
British retailers must provide clear information to investors about their income from suppliers, the country’s accounting watchdog said on Monday as it investigates a book-keeping scandal at leading supermarket Tesco (TSCO.L). Tesco has admitted overstating half-year profits by 263 ...
Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines
December 8th, 2014
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...
European Stocks Fall From 2008 High; Sika, Saint-Gobain Plunge
December 8th, 2014
A slump in construction companies sent European stocks down after a four-week rally. The Stoxx Europe 600 Index slid 0.4 percent to 349.75 at 9:34 a.m. in London after a 1.1 percent increase last week propelled it to its ...
Why Bitcoin Remittance Services Should Leave the ‘Bitcoin’ Part Out
December 8th, 2014
The sister cities of Hong Kong and Macau currently house more than 200,000 migrant Filipinos between them. The breakdown is fairly homogenous in terms of occupation: the largest group consists of 160,000 Filipinas working on Foreign Domestic Helper visas ...
ASIC surveillance prompts FX provider to enhance compliance procedures
December 8th, 2014
Following an ASIC surveillance, Calibre Investments Pty Ltd will implement changes to the way it offers FX services to retail clients. The move is part of ASIC’s crackdown on the FX industry which has resulted in a number of ...
Business lobby warning on chancellor’s new ‘Google tax’
December 5th, 2014
The chancellor wants multinationals to pay their “fair share” of tax The Confederation of British Industry has warned over Chancellor George Osborne’s plans for the UK to “go it alone” on corporate tax reform. The Organisation for Economic Cooperation ...
Fiat Chrysler launches $2.5 billion mandatory convertible bond, share offer
December 5th, 2014
Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) said on Thursday it had launched an expected share offer and a $2.5 billion mandatory convertible bond as it seeks to reduce its mounting debt pile and fund an ambitious five-year investment plan. ...
Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies
December 5th, 2014
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...
Osborne moves to cut spending to 1930s levels in dramatic autumn statement
December 4th, 2014
The chancellor, George Osborne, has set out dramatic plans to move Britain from the red into the black that will see public spending as a percentage of GDP fall to its lowest level since the 1930s and could require ...
The Russian Central Bank Is Intervening Again To Halt A Rouble Collapse
December 4th, 2014
Traders are claiming that the Central Bank of Russia has stepped back into currency markets to halt the rouble’s slide as it continued to fall in early trading on Wednesday. Here’s the evidence — the rouble sudden reversed its ...
