Search Results for: US
Bank of Russia informs regarding revocation of a banking licence
April 15th, 2016
Due to the non-compliance by the Rostov-on-Don-based credit institution Joint-Stock Commercial Bank Stella-Bank, joint-stock company, or JSC JSCB Stella-Bank with federal banking laws and Bank of Russia regulations, repeated violations within a year of the requirements of Bank of Russia regulations issued in accordance with the Federal Law ‘On ...
Tame U.S. inflation supports Fed’s cautious rate policy
April 15th, 2016
U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term. The benign inflation backdrop is prevailing despite tightening labor market conditions, underscored ...
Russia Says Oil-Freeze Deal Could Go Ahead Without Iran
April 14th, 2016
Comments come ahead of meeting between major oil-producing nations in Qatar on Sunday Russian Energy Minister Alexander Novak said Wednesday that an agreement on freezing oil production could be reached between oil-producing countries without the participation of Iran, Tass ...
Elliott Wave Analysis On USD Index And EURUSD
April 14th, 2016
USD Index The USD index is trading higher as EUR, GBP, CHF and JPY trades down against the USD, based on bearish reversal on US Treasury notes. However, commodity currencies are still doing well and we guess it has ...
Austrian Financial Market Authority (FMA) Warning: Daikyo Brokerage Limited
April 14th, 2016
The Austrian Financial Market Authority (FMA) has issued a press release to inform that by publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 14 April 2016 the below company is not entitled to provide investment services in Austria requiring a licence. ...
Bank of America to connect with customers via Facebook Messenger
April 14th, 2016
Bank of America is to tap Facebook’s Messenger app as a new channel for communicating with customers. The bank is among a dozen companies who signalled their support for the Messenger Platform launch at Facebook’s FS Developer conference. The ...
US oil slips 0.97 pct after hitting 2016 highs
April 14th, 2016
Oil gave up short-lived gains following mixed U.S. government data that showed a bigger-than-expected build in crude stockpiles, rising gasoline demand, and falling oil production. Brent crude was down 61 cents at $44.08 a barrel , having briefly risen to ...
PricewaterhouseCoopers pays €37m to save Spanish employees from jail
April 14th, 2016
The accountancy firm PricewaterhouseCoopers has handed over €37m (£29m) to the Spanish government to save four of its former employees from serving lengthy jail terms for fraud. The four former senior executives, who include the firm’s ex-president Miguel Fernández de Pinedo, ...
European Parliament special tax delegation due in Cyprus
April 13th, 2016
A delegation of members of the European Parliament’s Special Committee on Corporate Taxation II – or TAXE 2 – will visit Cyprus on Friday to look into the Cypriot corporate tax practice. MEPs will meet with Foreign Minister Ioannis Kasoulides, ...
Exness experiences ongoing DDoS attacks causing service disruptions
April 13th, 2016
Exness has issued an announcement to inform that the company is experiencing a spate of ongoing denial of service (DDoS) attacks. Below is the announcement as it was published from Exness: Dear Client, We are currently experiencing a spate of ...