Search Results for: law
Asian Energy Stocks Rally With Crude Oil as Dollar Holds Advance
November 21st, 2016
Japan’s Topix index caps longest rally since August 2015 Dollar index at January high as Trump spurs rate-hike bets Oil jumped on optimism OPEC will agree to a supply-cut deal, buoying Asian energy stocks. The dollar built on last ...
Gold slides toward $1,200 as U.S. rate hike looks imminent
November 18th, 2016
Gold prices came under renewed pressure on Friday, a day after Federal Reserve Chairwoman Janet Yellen said a U.S. interest-rate hike could come “relatively soon.” Yellen’s prepared comments to lawmakers on Thursday, which came on the heels of strong ...
The IRS is Targeting Bitcoin Transaction Records of Coinbase Users
November 18th, 2016
Transaction records of Coinbase users, specifically bitcoiners, have been targeted by the Internal Revenue Service (IRS), according to a federal case filed in the U.S. District Court in the California Northern District Court. First revealed by ZeroHedge on a late Thursday ...
Burness Paull defends multi-million dollar claim relating to legacy business
November 18th, 2016
Burness Paull is defending a $210m claim relating to legacy business Paull & Williamsons, Legal Business has learned. The claim, filed by Robert Kidd, former chairman and principal shareholder of oil service firm International Tubular Services (ITS) relates to a private equity ...
VW Said to Cut 23,000 Jobs, Save $3.9 Billion With Labor Pact
November 18th, 2016
Savings deal aimed at boosting the VW brand’s margin to 4% Volkswagen agrees to refrain from forced layoffs until 2025 Volkswagen AG reached a landmark agreement with workers to cut as many as 30,000 jobs globally and save 3.7 ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
Pound US Dollar Exchange Rate Advances as UK Retail Sales Trigger Rush for Sterling
November 17th, 2016
Pound US Dollar Exchange Rate Climbs after Forecast-Beating Retail Sales Results The Pound has been able to rise by 0.4% against the US Dollar today, primarily on account of the October retail sales results. On the month and the ...
Italy referendum result could send shockwaves through markets and destroy Europe
November 17th, 2016
Analysts believe the outcome of the ballot on constitutional reform could have massive global implications. With many European leaders already coming under severe pressure from anti-EU parties ahead of elections next year the significance of the Italian result is ...
Brexit Triggers Office Oversupply Fears in London
November 16th, 2016
Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the matter, Barclays is planning to sublease its existing offices in ...
Is Trump’s proposal to slash the U.S. corporate tax rate down to 15% a possibility?
November 16th, 2016
Donald Trump’s proposal to slash the U.S. corporate tax rate down to 15% from 35% is within the realm of possibility, the former chairman of the House Ways and Means Committee says — but realizing some of the president-elect’s ...
