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Emissions-Testing Probe Prompts Raid of Renault Facilities

January 15th, 2016 (0)
Antifraud officials search several French car maker’s headquarters, engineering center France’s antifraud authority has launched an emissions investigation into Renault SA and other car makers, French Economy Minister Emmanuel Macron said Thursday, deepening scrutiny of Europe’s car industry after Volkswagen AG  was caught cheating on ...

Asia stocks retrace gains; Shanghai tumbles 3.7%

January 15th, 2016 (0)
Major Asian stock markets struggled to hold onto their morning gains Friday, despite a positive finish from Wall Street overnight. In another late spate of sell-offs, the Shanghai composite down 3.97 percent and Shenzhen composite 2..85 percent lower in afternoon trade. The ASX 200 closed ...

The Future of Modern Currency – Unification of Funds

January 14th, 2016 (0)
Modern society is actively creating, developing and improving the technologies that even ten years ago were mere fantasy. What changes await the financial sector and where does the future of e-Currency lead? Payment processor ECommPay shares predictions for the ...

J.P. Morgan’s Earnings and Revenue Rise, Beating Expectations

January 14th, 2016 (0)
The New York firm kicks off earnings season for big U.S. banks J.P. Morgan Chase & Co. said its fourth-quarter profit beat expectations thanks in part to cost-cutting and higher earnings within its investment banking division. The largest U.S. bank ...

War Between Saudi Arabia And Iran Could Send Oil Prices To $250

January 14th, 2016 (0)
The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The back-and-forth escalation quickly turned the simmering tension into an overt struggle for power in the Middle East. First, ...

Multipolarity: The Next Step After Globalization?

January 14th, 2016 (0)
The world economy during the last few decades has experienced “globalization,” a broad and admittedly vague term which refers among other factors to a rise in the ratio of world exports to world GDP, as well as the pattern ...

Asia markets retrace some losses, China bucks trend

January 14th, 2016 (0)
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade down 2.86 percent, weighed by commodities and machinery sectors. Earlier, ...

BGC Partners Completes Full Merger with GFI Group

January 13th, 2016 (0)
Public Shareholders to Receive $6.10 per GFI Share in Cash BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or the “Company,”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has completed ...

CMC Markets to apply for admission on LSE in February 2016

January 13th, 2016 (0)
London Stock Exchange announces the Intention of CMC Markets PLC to float on LSE. According to LSE: CMC Markets plc (“CMC” and, together with its subsidiaries, the “Group”), a leading global provider of online financial trading, today announces its ...

Major Asian stocks close up, Nikkei rebounds 2.88%

January 13th, 2016 (0)
Asia markets closed mostly higher, with some major indexes rebounding Wednesday, in a sign of returning stability even in the face of lingering worries about China and falling commodity prices. That follows a volatile start to the year, in ...
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