Search Results for: MoU
Oil futures supported by weaker dollar, but bloated supply still weighs
March 28th, 2017
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut is big enough to rebalance the market. Prices for front-month ...
100 investors lost more than $15 million in stock fraud
March 27th, 2017
The office of the U.S. Attorney for the Southern District of New York has issued an announcement to inform that investment adviser and broker found guilty in Manhattan Federal Court of securities fraud, wire fraud, conspiracy and aggravated identity ...
The Pound to Euro exchange rate could well fall to 1.0 warn analysts
March 27th, 2017
Pound to Par the Euro on Tumultuous Brexit Journey The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank. Economists at Deutsche Bank have updated clients with their Brexit ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
Pound Sterling Jumps Against Euro, Dollar
March 23rd, 2017
The UK consumer is back, and the British Pound likes it. The ONS has reported on Thursday, March 23 that UK retail sales grew 1.4% in February in what amounts to an impressive recovery on the 1.3% contraction witnessed ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
How accountants can embrace Artificial intelligence; the next big think
March 23rd, 2017
Artificial intelligence (AI) is intelligence exhibited by machines. It is a field with a long history but currently is actively growing with applications in many industries and sectors. Google predicts that it is the next big think. Many business ...
Millions of hacked Bitcoin accounts offered for sale on dark web
March 23rd, 2017
A famous Dark Web vendor known by their handle of “DoubleFlag” is selling databases of eleven Bitcoin forums on a popular dark web marketplace. The databases were stolen between 2011 to 2017 from widely visited forums providing information about ...
ASIC accepts enforceable undertaking from Barclays entities
March 23rd, 2017
Yesterday, ASIC accepted an enforceable undertaking (EU) from three Barclays foreign financial service providers (FFSPs): Barclays Capital Inc. (BCI) domiciled in the United States of America Barclays Capital Asia Limited (BCAL) domiciled in Hong Kong, and Barclays Capital Securities Limited ...
