Marchionne Sees Ferrari’s Value Exceeding $11 Billion in IPO Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, expects its Ferrari SpA supercar-maker unit to be valued “at least” at 10 billion euros ($11 billion) in an initial public offering scheduled this year...
Greeks Head to Polls Divided on Vote to Chart New Course Greeks are heading to the polls Sunday, evenly split on a referendum to chart a new course in their five-year economic crisis...
Australian Watchdog Clarifies Actions Against Interactive Brokers ASIC has requested from Interactive Brokers to cease providing all over-the-counter FX services in Australia. Avi Mizrahi Regulation (Retail FX) Friday, 07/03/15 / 12:48...
Interactive Brokers Australia ordered to halt Forex services By Mike Fox on Thursday, 06.25.15 Australia’s financial regulator told Interactive Brokers Group Inc. to stop offering OTC currency trading services, ASIC withdrew it’s “no-action position” regarding the U...
Statistics showed that China Mobile gained 373,000 new users in May 2015 and its user group reached 816.335 million. Of those, the number of 4G users saw a net increase of 17.188 million and the total number of 4G users reached over 170 million...
New Shanghai Semiconductor Manufacturing International Corporation has attracted three new investors
Semiconductor Manufacturing International Corporation's new research business has attracted three new investors: Huawei, a Chinese telecom device maker; IMEC, a nanoelectronics research and development center; and Qualcomm Global Trading Pte. Ltd., a subsidiary of Qualcomm Incorporated...
No that the geopolitical backdrop makes investors nervous, they seem to prefer riskier assets like stocks. Quite a lot of investors got successful at trading stocks, and some of them even wrote books to teach others... let us see the best-sellers among books on trading stocks...
Greece's Prime Minister Alexis Tsipras announced a referendum to be held on July 5 so that the citizens could vote whether they accept further cuts suggested by creditors or not...
Forex brokers are taking preventive action ahead of a referendum on the bailout of Greece's debt. Fxpro is a broker who just announced the trading ahead of the implementation of the referendum, warning of debt Greece, which later became the issue that most seized the attention of the market...
New York Life Insurance Co. is targeting more deals after purchasing about 1.3 million policies from Manulife Financial Corp.’s John Hancock unit...
A poll showed more Greeks are leaning to accept deeper cuts - against the government’s call to vote against creditors’ terms for more aid...
On Tuesday Athens missed the deadline for a €1.5bn ($1.7bn) payment to the International Monetary Fund (IMF). Greece no longer has access to billions of euros in funds, as the previous eurozone bailout expired...
The Transatlantic Trade and Investment Partnership to be concluded between the European Union and the U.S. is aimed to lower tariffs and expand common standards and regulations. It would spur business between the two giants, possibly at the expense of Switzerland...
European stocks surged Thursday in the wake of a report that Greece’s prime minister is ready to accept bailout terms set forth by creditors to the Hellenic nation...
Alibaba will give OpenSky 11main.com, Auctiva, Vendio and SingleFeed in exchange for about a 37% stake in OpenSky. Compared with Alibaba's Chinese online shopping websites, 11main...
Euro area finance ministers decided to take up Greece’s new aid bid for the second time at 15:30 p.m. Brussels time Wednesday after Greece's request for a second bailout was dismissed by German Chancellor Angela Merkel...
Due to uncertainty in the markets brought about by the current situation with Greece, margin requirements for all FX and Metals pairs will be increased from 1% to 2% as of 20:00 server time TODAY (June 30th...
Greece has requested a new two-year bailout program from its European partners as the country approached a default hours away...
Almost all institutions expressed their position on if it would be a default if Greece misses its $1.7 billion payment to the International Monetary Fund on Tuesday, except for one key player. On Monday its spokesman declined to comment on what stance the institution would take...
