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VISA reports Net Operating Revenue of $4.5 billion

April 24th, 2017 (0)
Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: GAAP net income of $430 million or $0.18 per share including special items related to the ...

The Bitcoin price tripled in 12 months; What’s the future?

April 24th, 2017 (0)
The Bitcoin price was traded at around $420 on major Bitcoin exchange markets in April 2016, while in twelve months in April 2017, its price went up to around $1260. This means that Bitcoin price tripled since last year. ...

KCG announces consolidated earnings of $0.05 per diluted share for 1Q2017

April 24th, 2017 (0)
KCG accepts proposal from Virtu Financial, INC. to acquire all outstanding shares of KCG’s Class A common stock for $20 per share – A 46 percent premium to unaffected price KCG Holdings, Inc. (NYSE: KCG) announced that it has reached ...

Here’s what Venezuela’s deepening crisis means for oil prices

April 21st, 2017 (0)
Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s largest oil reserves, is suffering an economic collapse that has ...

Bose Headphones accused in lawsuit of spying on listeners

April 20th, 2017 (0)
A new class-action lawsuit claims high-end headphone company Bose has been tracking and distributing customers’ data without telling them. According to the complaint, filed late Tuesday in the U.S. District Court in Chicago, the headphone company’s Bose Connect app ...

International law firm to launch its third international office in Madrid

April 20th, 2017 (0)
International law firm Pinsent Masons has announced plans to launch its third international office in less than 12 months, with a Madrid presence expected to open in May. The firm has brought together a team of six partners to ...

SWIFT updates reference data service

April 19th, 2017 (0)
SWIFTRef’s Bankers World Online query tool undergoes a facelift, adds improved search fields and simplified navigation for easier access to reference data SWIFT announces the launch of a significant information architecture and visual redesign for its online reference data ...

ESMA to cooperate with New Zealand’s regulators on CCPs

April 19th, 2017 (0)
The European Securities and Markets Authority (ESMA) has established a Memorandum of Understanding (MoU) under the European Markets Infrastructure Regulation (EMIR) with Reserve Bank of New Zealand and Financial Markets Authority of New Zealand. The MoU establishes cooperation arrangements, ...

Bitcoin Price Reaches $1,220, Three Main Factors to Influence its Growth

April 19th, 2017 (0)
Major factor: Japanese market The Japanese Bitcoin exchange market has experienced an increasing demand for Bitcoin over the past few weeks. Earlier this month, the Japanese retail giant Bic Camera began to accept Bitcoin in all of its retail ...

European countries introduced tax breaks for cycling to work

April 19th, 2017 (0)
During the last months, four European countries have introduced tax breaks for cycling to work or extended existing ones: France, Belgium, Luxembourg and Italy. This shows that the idea of rewarding sustainable commuting behaviour through fiscal incentives is gaining ...
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