Search Results for: law
Eurozone: Draghi’s new deal
September 3rd, 2014
About halfway through the speech, Mario Draghi stumbled. The European Central Bank president had reached a passage in his prepared remarks about the worrisome trend in inflation afflicting much of the continent. Few central bankers are more aware of ...
U.S. SEC charges Houston adviser with not disclosing fund payments
September 3rd, 2014
A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud complaint on Tuesday. ...
BP asks court to replace administrator in Gulf spill case
September 3rd, 2014
BP Plc (BP.L) asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict ...
Insider traders in U.S. face longer prison terms
September 2nd, 2014
U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend is likely ...
India Recommends Canceling 172 Coal Mining Permits
September 2nd, 2014
India proposed cancelling 172 unused permits to mine coal, while allowing 46 operational mines to keep working to address a Supreme Court ruling that struck down all coal-mine allocations made since 1993. The government is prepared to auction off ...
Burger King has maneuvered to cut U.S. tax bill for years
September 2nd, 2014
Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
British police can seize UK passports under new terrorism legislation
September 2nd, 2014
Police will be given the temporary power to seize the passports of those suspected of being involved with terrorism, the Prime Minister said today. In a statement to parliament afternoon David Cameron said it was “abhorrent” Brits had “declared ...
Australia 200 – Continues to Move Little Above 5600
September 2nd, 2014
Australia 200 for Tuesday, September 2, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
China anti-trust probes not protectionist, regulator says
September 2nd, 2014
Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc (QCOM.O). The American Chamber of ...
