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Alibaba Has a Computing Cloud, and It’s Growing, Too

August 5th, 2014 (0)
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...

Walgreens CFO exits ahead of tax inversion news

August 5th, 2014 (0)
Walgreens announced Monday that the company is replacing Chief Financial Officer Wade Miquelon, a move that comes just as the Deerfield, Ill., drugstore chain plans to announce a decision on whether they will nominally move its headquarters overseas to ...

Technical Analysis AUD/USD – Aussie Stable as Retail Sales Improves

August 4th, 2014 (0)
AUD/USD remains calm as we start the new trading week. On Monday, the pair is trading in the low-0.93 range. On the release front, Australian Retail Sales rebounded last month and posted a 0.6% gain. However, ANZ Job Advertisements ...

Credit Suisse AG pays $88,400 infringement notice penalty

August 4th, 2014 (0)
The Australian Securities and Investments Commission has published the following announcement regarding a fine charged against Credit Suisse AG: Credit Suisse AG (“Credit Suisse”) has paid a penalty of $88,400 to comply with an infringement notice given to it ...

EU regulation concerning restrictive measures in view of Russia’s actions

August 4th, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union, on July 31, 2014, of ...

Oil companies may deregulate diesel prices by Diwali

August 4th, 2014 (0)
The government raised diesel prices by 50 paise on Friday and under-recoveries – the price differential between cost and selling price on every litre of diesel sold is now Rs 1.33. Diesel prices were first deregulated by the NDA ...

Nikkei Previews: run against them to get your face ripped off!

August 4th, 2014 (0)
Japanese second quarter results season peaked last week with the Nikkei newspaper playing its role as broadcaster of results days in advance of the actual company announcements. Japanese regulators continue to turn a blind eye to the now common ...

Kenyatta Sees Kenya Windfall Tax in Resource Laws in Months

August 4th, 2014 (0)
Kenya will impose capital-gains and windfall taxes on oil, gas and mining companies within months to ensure the East African nation maximizes benefits from its mineral resources, President Uhuru Kenyatta said. “This is something that we are very clear ...

Investors Cheer Portuguese Bank Rescue

August 4th, 2014 (0)
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...

China repeats promise to increase investment, speed up reforms

August 4th, 2014 (0)
China will increase investment in areas including the property sector, while authorities will advance wide-ranging economic reforms such as changing the fiscal and pricing systems, the country’s powerful economic planning agency said on Monday. The remarks from the National ...
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