Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options
November 11th, 2016
The Securities and Exchange Commission announced that an Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options over the internet, and the agency warned that other firms may be out there actively trying to ...
China passed a new law for people be safe from legal liabilities when helping strangers
November 3rd, 2016
First aid providers in Shanghai will be shielded from legal liability when giving emergency assistance, under a new law that took effect yesterday to encourage the public to be more active in assisting in emergencies. The regulation, passed by ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
Hanjin Shipping to shut its operations in Europe
October 24th, 2016
South Korea’s Hanjin Shipping Co. said Monday it plans to close its European operations, in the latest sign that the troubled company is heading toward liquidation. Hanjin 117930, -11.84% , South Korea’s largest shipping company, has applied for court approval to close ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
IT Specialist
October 18th, 2016
Requirements Computer Engineering, Computer Science or similar University degree (or relevant experience) Minimum of one two years’ work experience in IT Support is required Deep knowledge and profound experience with IT Software and Hardware Troubleshooting as well as Local ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
World’s First Publicly-Traded Law Firm Facing Securities Class Action
October 14th, 2016
There’s a cautionary tale playing out in Australia over what can happen when law firms take money from outside investors, something that’s still prohibited here in the U.S. Slater & Gordon became the world’s first publicly-traded law firm back in 2007, ...
Deutsche Bank sells debt to raise cash
October 13th, 2016
Germany’s biggest bank returned to the US high-grade bond market on Tuesday to sell an additional $1.5 billion worth of debt, offering more than double the yield it paid a year ago. Deutsche raised $3 billion in a bond ...
Volkswagen may cut 2,500 jobs per year via early retirements, says labor boss: Handelsblatt
October 12th, 2016
Volkswagen (VOWG_p.DE) may cut up to 2,500 jobs per year over 10 years by moving workers into early retirement, Handelsblatt reported on Wednesday, citing Bernd Osterloh, chief of the carmaker’s influential works council. Top management and labor leaders are ...