Search Results for: Tradition
AT&T merges wireless and business units led by de la Vega
August 27th, 2014
AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company’s wireless segment, a spokesman for AT&T said on Tuesday. The announcement comes as cable ...
Swiss Bank Pictet Reveals Results for First Time
August 26th, 2014
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in Switzerland’s traditionally secretive banking culture. Pictet, a privately held wealth ...
UK court rulings show move away from European to common law
August 25th, 2014
Supreme court deputy president questions whether return to constitutionalism is response to rise in anti-European sentiment. Leading judges are putting “renewed emphasis” on British constitutional principles after years of concentrating on European legislation as a source of rights and ...
French economy minister urges alternative to German austerity
August 25th, 2014
The time has come for France to resist Germany’s “obsession” with austerity and promote alternative policies across the euro zone that support household consumption, firebrand French Economy Minister Arnaud Montebourg said on Sunday. Deficit-reduction measures carried out since the ...
Digital vs. Virtual Currencies
August 25th, 2014
There’s a lot of misunderstanding around the terms “virtual” and “digital,” and people often mistakenly use them interchangeably. The reality is that virtual currencies are a type of digital currency, meaning that all virtual currencies are digital, but the ...
Chicago and 2 California Counties Sue Over Marketing of Painkillers
August 25th, 2014
The City of Chicago and two California counties are challenging the drug industry’s way of doing business, contending in two separate lawsuits that “aggressive marketing” by five companies has fueled an epidemic of addiction. It also cost taxpayers millions ...
Keeping the accountants accountable
August 22nd, 2014
Tax avoidance is always a hot topic, never more so than with the recent stream of famous individuals involved in the Liberty scheme. The fact that some of these 1,600 stars risk bankruptcy highlights just how serious these cases ...
Shares, stocks and corporate news overview
August 22nd, 2014
European markets are set for a lower open this morning ahead of a long weekend here in the UK. The day will be fairly low-key with no major economic data being released, and investors have turned their attention to ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
West TX Oil Clings to $98 on Further Draws on Supply
August 12th, 2014
U.S. crude oil edged up on Monday as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks. Brent was weaker but the markets were supported by a number of geopolitical risks carrying ...
