Search Results for: assets
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
Samsung’s billionaire heir Lee Jae-yong jailed for corruption
August 25th, 2017
A court in South Korea has sentenced Samsung’s billionaire heir-apparent Lee Jae-yong to five years in prison for corruption. Mr Lee was accused of bribery in a scandal that also saw the impeachment of South Korea’s former president. The ...
Paysafe completes acquisition of Merchants’ Choice Payment Solutions
August 24th, 2017
Paysafe Group plc (LSE: PAYS.L, “Paysafe” or the “Group”), a leading global provider of payment solutions, announces today that it has completed the previously announced acquisition of substantially all the assets of Delta Card Services Inc., the holding company ...
Playtech announces strong growth in H1
August 24th, 2017
Playtech (LSE: PTEC) today announces its results for the six months ended 30 June 2017, together with a trading update for the period to 22 August 2017. Financial summary Group financial highlights Total revenues ...
Most major indexes in Asia made gains on Thursday
August 24th, 2017
Most major indexes in Asia made gains on Thursday despite Wall Street closing lower after a threat from President Donald Trump about a possible government shutdown. Most Asia markets climb following Wall Street dip on Trump government shutdown threat ...
Investment adviser charged with defrauding professional athlete and his wife
August 23rd, 2017
The Securities and Exchange Commission today charged investment adviser Jeremy Drake with defrauding two clients, a high profile professional athlete and the athlete’s wife, by deceiving them about the investment advisory fees they were paying. The SEC alleges that ...
EU starts in-depth probe of Bayer, Monsanto deal
August 23rd, 2017
The European Commission has started an in-depth investigation of Bayer’s planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. The deal would create the world’s largest integrated ...
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
Individuals and their companies ordered to pay millions in restitution for defrauding investors
August 21st, 2017
Federal Court Orders Jeffrey Slemmer, Christian Dorrian, Adam Roth, and Their Florida-Based Companies to Pay over $5.4 Million in Restitution and a Penalty in CFTC Precious Metals and Diamonds Anti-Fraud Action Slemmer Enterprises, Dorrian Enterprises and Roth Investment Group ...
Investors sell stocks, dollar on fears Trump agenda is foundering
August 18th, 2017
SINGAPORE (Reuters) – Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to deliver his economic agenda. Powered by WPeMatico
