Search Results for: NFA
Mobile phone payment Seamless acquires MeaWallet AS
July 14th, 2016
Seamless Distribution AB (publ) (”Seamless”) acquires the Norwegian technology company MeaWallet AS (“MeaWallet”). The purchase price amounts to approximately SEK 42,8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the ...
Theresa May, the UK’s new prime minister, explained
July 12th, 2016
Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday morning, citing overwhelming support for May among Conservative MPs. Prime ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
Europe pauses for breath ahead of US jobs data
July 8th, 2016
European stocks are expected to open lower on Friday as markets pause ahead of U.S. nonfarm payrolls data on Friday that will give a clear indication on the state of the U.S. economy. The London FTSE index is called to open ...
McDonald’s wins EU ‘Mac’-ruling
July 5th, 2016
McDonald’s has won a case that could stop another company using the “Mc” or “Mac” prefix on its food and drink. A European court upheld a 2013 ruling that said the MacCoffee trademark of a Singaporean company, Future Enterprises ...
What is Frexit? Will France leave the EU next?
July 4th, 2016
What is Frexit? Britain’s historic vote to leave the EU has sparked calls for a French exit, or Frexit, from the European Union. The British public voted for a Brexit, or British exit, during a historic EU referendum on ...
Time to Go Long the British Pound?
July 4th, 2016
Well they did it. British voters opted to leave the European Union, and in the process sent the financial markets into a tailspin. But the biggest victim here would appear to be the British pound. The night of the ...
KPMG has resigned as auditor of Fifa
June 15th, 2016
KPMG Switzerland has resigned as auditor of Fifa, the world football governing body which has become mired in a corruption scandal following claims that millions of pounds have been paid to its top executives as part of corrupt deals ...
An Everyman’s Guide To Understanding Cryptocurrencies
June 13th, 2016
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in ...
There is no money left, bye!’: Russian PM causes social media storm
June 9th, 2016
Russian Prime Minister Dmitriy Medvedev has whipped up a storm on Russian social media for an off-the-cuff comment he made to a Russian pensioner last month. Medvedev was caught on camera telling an elderly woman in Crimea, a region ...