Search Results for: MoU
Flipkart Indian e-commerce, raises $1 Billion
July 29th, 2014
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...
UBS, Deutsche Bank questioned by U.S. regulators on trading operations
July 29th, 2014
Germany’s Deutsche Bank (DBKGn.DE) and Switzerland’s UBS (UBSN.VX) were investigated by U.S. regulators, who are searching to find whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. The investment banks, which said on Tuesday that they were ...
Dollar Tree to acquire Family Dollar Stores
July 29th, 2014
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...
Bank of Cyprus collects €1bn through shares selling
July 29th, 2014
A 1 billion euro ($1.34 billion) capital increase was held by Bank of Cyprus by selling shares, including investors such as the European Bank of Reconstruction and Development (EBRD) and US investor Wilbur Ross, the bank cited on Monday. ...
Cypriot government to impose immovable property tax
July 29th, 2014
All companies, organisations and individuals, either residing in Cyprus or abroad, who had immovable property registered in their name in Cyprus as of January 1, 2014, are subject to Immovable Property Tax, if the total value of their property ...
Technical Analysis- USD/JPY extends rally from 101
July 29th, 2014
Technical Analysis USD/JPY for Tuesday, July 29, 2014 Pair’s Outlook Despite the amount and toughness of the obstacles USD/JPY is currently facing, the currency pair is successful at pushing through the resistances. If the seven-month down-trend and 100-day SMA ...
Existing law is enough for dealing with social media crime
July 29th, 2014
There is no need for any new laws in order to cope with crimes committed through social media, as peers explain. The ‘tentative’ conclusion of the House of Lords communications committee, set up in June, is that the criminal ...
Trial of GSK-linked investigators is for August 8
July 29th, 2014
The public trial of a foreign couple linked to GlaxoSmithKline Plc (GSK) is set for Aug. 8, a Shanghai court said on Tuesday. Earlier this month, Chinese prosecutors accused British investigator Peter Humphrey and his American wife Yu Yingzeng ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...
Lloyds Banking Group charged with $370 million fine
July 28th, 2014
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...
