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Oil prices fall as dollar gains, but possible stock drawdown supports

May 24th, 2016 (0)
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had declined 42 cents to $47.93 a barrel by 0643 ...

Dubai expects 2.5m Saudi tourists in 2020

May 23rd, 2016 (0)
Dubai is a top choice for Saudi tourists and their number is expected to increase by almost 100 percent, that is 2.5 million, by 2020, an Emirati official has said, citing current economic forecasts. “The number of Saudi tourists ...

Qatar identifies $19.7bn of investment opportunities in sport

May 23rd, 2016 (0)
The country is investing heavily in infrastructure in the buildup to its hosting of the 2022 World Cup Qatar has identified nearly $20bn of investment opportunities in the sports sector ahead of its hosting of the FIFA World Cup ...

ACCA-qualified accountant jailed for failure to declare £430k income

May 23rd, 2016 (0)
An ACCA member from Essex who failed to declare income and pay £107,000 of tax owed from accountancy work and property lettings and tried to hide the money in his children’s bank accounts has been jailed for four years, ...

New domestic and EU laws will stub out menthol cigarettes and 10-packs from tomorrow

May 19th, 2016 (0)
Smokers are in for a bitter cocktail of regulation tomorrow as EU and UK laws come into force, phasing out 10-packs, menthol cigarettes and introducing new plain packaging rules. Manufacturers will be banned from producing 10-packs of cigarettes under ...

Undeniable Evidence That The Real Economy Is Already In Recession Mode

May 19th, 2016 (0)
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes. ...

Teddy Sagi’s Xwise, a subsidiary of Playtech Cyprus Ltd is laying off 140-150 of its 200 employees

May 19th, 2016 (0)
Xwise provides supplementary services to customers who have purchased software from online gambling services firm Playtech, its parent company. Xwise, a subsidiary of Playtech Cyprus Ltd. (LSE:PTEC), whose largest shareholder is Israeli billionaire Teddy Sagi, is laying off 140-150 ...

FINRA Fines Raymond James $17 Million for Systemic Anti-Money Laundering Compliance Failures

May 19th, 2016 (0)
Former AML Compliance Officer Fined and Suspended The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Raymond James & Associates, Inc. (RJA) and Raymond James Financial Services, Inc. (RJFS), a total of $17 million for widespread ...

Privately educated dominate senior ranks at top law firms

May 18th, 2016 (1)
The biggest diversity survey of the legal profession yet undertaken charts patchy progress on gender and race – but privately educated solicitors remain vastly over-represented in the senior ranks of the biggest firms. The Solicitors Regulation Authority’s third diversity ...

The Endgame

May 18th, 2016 (0)
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
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