Search Results for: US
US Court upholds injunction blocking Trump’s travel ban
May 26th, 2017
The US Court of Appeals for the Fourth Circuit on Thursday upheld an injunction against President Donald Trump’s travel ban that targets six Muslim-majority countries. The ban, announced in March, was the second version of a travel prohibition preventing ...
What Donald Tusk said after meeting with Donald Trump
May 25th, 2017
The Council of the European Union has issued today a press release to publish remarks by President Donald Tusk after meeting with President Donald Trump. Below is the press release as it was published: During my meeting with President ...
Euro to US Dollar is Strongly Supported at Mid-Point of Week
May 24th, 2017
Euro to US Dollar continues rallying despite signs the exchange rate may be overvalued. The rally has been backed by a strengthening Euro and simultaneously weakening Dollar. The scales have fallen from investors eyes after the recent US Budget ...
Moscow Exchange is to introduce new program to stimulate liquidity on USD/RUB currency pair
May 24th, 2017
From 1 June 2017, a new market making program will be launched on the Moscow Exchange’s Spot FX Market to support the USD/RUB instrument with next day settlement. This is the first ever market making initiative on USDRUB_TOM, the ...
Uber is paying its NYC drivers ‘tens of millions’ because of an accounting error that underpaid them for years
May 24th, 2017
An accounting mistake means that Uber has been short-changing its drivers in New York City for years. On Tuesday, the company announced that it will be repaying drivers “tens of millions” after it took more than its share of ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
ASIC suspended Firm’s financial services licence
May 23rd, 2017
Australian financial services licence suspended for failing to lodge financial statements ASIC has suspended the Australian financial services (AFS) licence of NSW-based Divitiarum Audax Pty Limited (‘Divitiarum Audax’) from 8 May 2017 for failing to lodge financial statements and ...
Oil prices fall as White House proposes U.S. oil reserve sales
May 23rd, 2017
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Brent crude futures LCOc1 were ...
Sullivan & Cromwell to open Brussels office with antitrust hire
May 22nd, 2017
Sullivan & Cromwell, the US corporate law firm, has poached a senior European competition lawyer to open its first new office in nearly two decades based in Brussels. Michael Rosenthal is joining S & C as partner to work ...
Bitcoin is Just $100 Away From Doubling its Price in 2017
May 20th, 2017
The price of bitcoin has hit a new high on the CoinDesk Bitcoin Price Index (BPI), reaching an $1,902 average across global exchanges. While one in a string of new all-time highs the digital currency has so far set ...
