Search Results for: UBS
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
Court of Final Appeal dismissed leave application of C.L. Management Services Limited and its sole owner
November 15th, 2016
The Court of Final Appeal (CFA) has dismissed C.L. Management Services Limited (C.L. Management) and its sole owner and director Ms Clarea Au Suet Ming’s application for leave to appeal against their convictions for holding out to provide advisory ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
Playtech buys CHF for $120m
November 14th, 2016
Playtech (LSE: PTEC) today announces it has agreed to acquire Consolidated Financial Holdings A/S (“CFH”), a technology company with products including a leading Straight Through Processing (“STP”) brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity ...
Samsung Electronics to Acquire HARMAN
November 14th, 2016
Samsung Electronics and Harman International Industries, Incorporated today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion. Upon closing, ...
Law firms to combine and create a global law firm with 1,000 lawyers across US, Europe and china
November 14th, 2016
Arnold & Porter LLP and Kaye Scholer LLP today announced the two firms have agreed to combine effective January 1, 2017 to become Arnold & Porter Kaye Scholer LLP. This strategic combination brings together renowned regulatory expertise, sophisticated litigation ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
40% beef tax suggested to pay for climate damage
November 11th, 2016
Global taxes have been suggested for beef and dairy products to pay for climate damage caused during their production. The University of Oxford study argues emissions pricing on food could avert more pollution than generated by the aviation industry, ...
Deloitte and Deloitte partner fined £4,000,000 and £150,000 respectively
November 10th, 2016
Deloitte LLP and John Clennett fined for Misconduct in relation to Aero Inventory Plc The Financial Reporting Council (FRC) today announces the outcome of the independent Tribunal’s disciplinary hearing concerning the conduct of Deloitte LLP and the Deloitte partner, ...
International law firm developed Artificial Intelligence robot for contracts solution
November 10th, 2016
International law firm Pinsent Masons has announced the roll out of an AI-powered commercial contracts solution to support clients responding to challenges posed by Brexit. The firm has developed a three-step tool to help clients identify risk in existing ...
