Search Results for: SIX
Cameron Heads to Last Supper in Brussels Amid Impasse in London
June 28th, 2016
Two-day EU summit to consider first steps after U.K. vote British influence in bloc has waned even before talks start U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first time since ...
Ryan Tax Plan Cuts Corporate Rate to 20% to Stem Inversions
June 27th, 2016
U.S. corporations would get the largest federal income-tax rate cut in history, and their foreign earnings would no longer face domestic taxes when they return to the U.S. under a plan that House Republicans unveiled Friday. The changes would ...
Australian large law firms: Partner numbers shrink as clients cut back
June 27th, 2016
This year’s Australian Financial Review Law Partnership survey has revealed spiralling partnership numbers. Among the large law firms, Norton Rose Fulbright had the highest proportion of partner turnover, followed by Ashurst and Gadens. NRF lost 22 partners, replenished by ...
The Stock Market Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s 8 Largest Economies
June 23rd, 2016
Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are ...
Oil slips after small U.S. drawdown; seen choppy before Brexit vote
June 23rd, 2016
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European Union. Crude futures rose in early trading, with global benchmark ...
International Telecom Group offices raided over money laundering and tax fraud suspicion
June 22nd, 2016
Nineteen people have been arrested and nine of them charged with money laundering after BuzzFeed News revealed Lycamobile’s “deeply suspicious” cash movements. The Conservative party’s biggest donor, the telecoms giant Lycamobile, has been raided by French police on suspicion ...
Oil prices above $50, buoyed by U.S. stock draw
June 22nd, 2016
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the ...
Pound Approaches 5-Month High as Odds Show U.K. to Remain in EU
June 22nd, 2016
Gauge of sterling heads for best week since October 2009 Pound’s two-week implied volatility falls from record high The pound approached a five-month high against the dollar as bookmakers’ odds indicated a growing probability Britons will vote to remain ...
Is One Of These Companies The Next FinTech Unicorn?
June 21st, 2016
What happens when you take FinTech, one of trendiest sectors out there right now and put it together with the equally popular field of behavioral economics? You get a new sweet spot in finance that’s attracting more than its share ...
Bitcoin price rises to the highest in more than two years
June 17th, 2016
In another bitcoin price rally the cryptocurrency smashed through the $750 (£530) mark during trading today to reach a 2016 high, after falling below $700 on Tuesday. By mid-afternoon (GMT), bitcoin was still trading up 5.8 per cent at more ...