Search Results for: MoU
Bitcoin hits $1,600 for the first time
May 9th, 2017
Bitcoin is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first time on Monday, according to one investor, but the price could go as high as $4,000 over the next 14 ...
FXCM’s parent company Global Brokerage Inc. in trouble with Nasdaq delisting notice
May 9th, 2017
For the prior 30 consecutive business days, the market value of the Company’s publicly held shares was less than $15 million which prompted a Nasdaq notice of delisting. On May 2, 2017, the Nasdaq Stock Market (“Nasdaq”) notified Global ...
EU lawyers admit that £92billion Brexit Bill is impossible to enforce
May 8th, 2017
EU lawyers admit that £92billion Brexit Bill is impossible to enforce and warn Eurocrats against attempting to make the UK pay the massive bill EU officials were told they could not ‘cherry pick’ the accounts and hit the UK with ...
Former U.S. politician is warning of a financial collapse by the end of 2017
May 8th, 2017
Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time ‘Between August And November’ If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
The European Commission proposes simpler and more efficient derivatives rules
May 7th, 2017
The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
Adidas reports strong start into the year; Q1 2017 results
May 5th, 2017
Major developments in Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS ...
Mobile payments on the rise across GCC, officials say
May 5th, 2017
Online payments, including mobile payments and e-commerce, are set to become a crucial part of the digitisation wave currently sweeping across the GCC, according to a number of industry executives in attendance at the event. “Major trends include subscription ...
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
