Search Results for: US
Fox reports higher profit, insists no deals in the works
August 7th, 2014
Twenty-First Century Fox Inc, the film and TV company controlled by Rupert Murdoch, reported a quarterly profit that beat Wall Street’s expectations as executives stressed that they would not make a new bid for Time Warner Inc. Fox on ...
25,000 join Europe class action lawsuit against Facebook
August 7th, 2014
An Austrian waging a battle against Facebook’s privacy policies said that 25,000 users of the social networking giant have signed on to his class action lawsuit. The suit, filed by lawyer Max Schrems, claims a symbolic US $ 660 ...
Pound Slides to Eight Week Low – Data Disappoint
August 7th, 2014
The pound slid to an eight week versus the dollar on concern the U.K.’s economy is falling short of analysts’ expectations. Sterling weakened against all but two of its 16 major counterparts as data showed Britain’s shop prices dropped ...
Samsung’s next reinvention challenge is ‘reinvent itself’ & to be more innovative
August 7th, 2014
As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse. ...
Hong Kong Plugs Captive Insurance To Mainland Companies
August 7th, 2014
The Permanent Secretary for Financial Services and the Treasury, Au King-chi, outlined Hong Kong’s plans to promote captive insurance for Mainland Chinese companies. Au said that, as “financial co-operation between Hong Kong and the Mainland has all along been ...
FMA fined trader with $130,000
August 7th, 2014
The Financial Markets Authority (FMA) announced that trader Brian Peter Henry was fined by the regulator with the amount of $130,000 after he admitted the allegations he was charged. Brian Peter Henry has admitted all of the Financial Markets Authority’s ...
Wylys Call SEC $750 Million Trial Demand a Miscalculation
August 7th, 2014
The lawyer for Samuel Wyly and the estate of Charles Wyly told a judge they shouldn’t have to pay regulators as much as $750 million after being found liable for using a web of offshore trusts to hide stock ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Spain Unveils ‘Google Tax’
August 7th, 2014
Spain’s Congress of Deputies has approved a law, which will pave the way for a levy on news aggregation websites. Dubbed the “Google Tax,” the levy would allow news publishers to charge “electronic news aggregation systems,” such as the ...
U.S. judge tells New York bank to hold onto Argentine bond funds
August 7th, 2014
The U.S. judge in charge of Argentina’s debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country’s restructured bonds. ...
