Search Results for: NEX Group
India may introduce a fat tax on junk food
January 16th, 2017
Fat tax in works: If Narendra Modi approves, everything from Maggi to pizzas could fall in net The government may introduce a fat tax on junk food and sugary beverages in the upcoming budget, say various media reports. The ...
Volkswagen confirms $4.3bn settlement; in addition it will plead guilty to criminal misconduct
January 11th, 2017
Volkswagen has confirmed it has negotiated a $4.3bn (£3.5bn) draft settlement with US regulators to resolve its diesel emissions scandal. The German car giant said in addition to the fine it will plead guilty to criminal misconduct as part ...
FxPro shelves its IPO as FCA crackdown looms
January 5th, 2017
Currency trading firm FxPro shelves float as FCA crackdown looms The online trading platform has shelved its IPO indefinitely amid FCA plans to curb spread-betting risks, Sky News learns. One of the biggest privately owned currency trading brokers operating ...
FTSE 100’s record-breaking run continues
January 3rd, 2017
The UK’s stock market started the year in positive mood, setting another intra-day high in early trade. After closing at a record high of 7,142.83 on the final trading day of 2016, the FTSE 100 opened higher and set ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
The Big Questions For Mobile In 2017
December 29th, 2016
Well, the gifts have been opened, the roast beast is a memory being celebrated in cold sandwich form this week and the malls are once again full of shoppers — who are now returning the wrong gifts and getting ...
Gold prices rose on Wednesday
December 28th, 2016
Gold prices rose on Wednesday, extending gains after it hit a near two-week high in the previous session, on a technically-driven rebound in thin volume amid a slightly weaker dollar. Spot gold was up half a percent at $1,143.98 ...
Law Firms’ Accounts Pose Money-Laundering Risk
December 27th, 2016
Law Firms’ Accounts Pose Money-Laundering Risk Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say Tens of billions of dollars every year move through opaque law-firm bank ...
Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap
December 27th, 2016
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its longest winning streak in four months as some major financial ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
