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Aussie legal market sees slight rise in confidence but pay rises limited

August 1st, 2014 (0)
A slight rise in business confidence and commercial activity in Australia looks set to thaw out pay freezes and potentially help stem the flow of partner exits that were the mark of the 2013/14 financial year. A study from ...

LinkedIn shares advance 10%

August 1st, 2014 (0)
Shares in LinkedIn LNKD rallied 10% in late trading Thursday after the professional networking service reported adjusted profit and sales that blew past estimates, fueled by growth in its recruiting and premium subscriptions business. LinkedIn swung to a $934,000, ...

SEC Enforcement Division Modifies Municipalities Disclosure Initiative

August 1st, 2014 (0)
The Securities and Exchange Commission has announced modifications to its Enforcement Division’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative that will provide greater opportunity for smaller municipal securities underwriter firms and municipal issuers to take advantage of the initiative. To ...

British Fraud Office conducts Second Settlement in Inquiry Over Icelandic Bank

July 31st, 2014 (0)
Britain’s Serious Fraud Office said on Thursday that it had reached a second settlement in a series of civil claims brought by two brothers after a flawed investigation into the collapse of the Icelandic bank Kaupthing during the financial ...

Microsoft Probe Fuels China Uncertainty

July 31st, 2014 (0)
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...

Record award for former Yukos investors after tribunal finds “political motivation” for Russia’s actions

July 31st, 2014 (0)
An arbitral tribunal sitting in The Hague has unanimously held that the Russian Federation breached its international obligations under the Energy Charter Treaty when it liquidated and part-nationalised the former Yukos Oil Company in 2007. The Permanent Court of ...

Solicitor caught for rules breaches

July 31st, 2014 (0)
A solicitor has been struck off by the Solicitors Disciplinary Tribunal (SDT) after a number of serious allegations were found proved against him, including that he failed to set up and keep proper accounting systems or records and had ...

Australia 200 – Surges Through 5600 to New High

July 31st, 2014 (0)
Australia 200 for Thursday, July 31, 2014 The Australia 200 Index is presently on quite a roll as it has enjoyed a solid three week period which has seen it move strongly up through both the 5500 and 5550 ...

New York Governor involved in BNP deal to get $1 billion more for NY state fund

July 31st, 2014 (0)
Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo intervened to ensure the state government got a much bigger ...

Russians worry over the growing sanctions from the West

July 31st, 2014 (0)
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
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