Deutsche Bank faces an array of investigations that ranges from allegations of manipulating the Libor benchmark rate to unfairly favoring some investors in so-called dark pools and has already paid more than 5 billion euros over the past two years in settlements and fines...
Sheldon Lavin, the chairman of the Aurora, Illinois meat producer at the center of a reported safety scandal that has dragged in McDonald’s in mainland China, Hong Kong and Japan, has arrived in Shanghai and is due to join a press conference with other senior company officials this afternoon, gov...
Wall Street plunged, after the Standard $ Poor’s 500 Index expanded a record, as Amazon.com Inc. and Visa Inc. reported earnings that missed projections and durable goods data propelled fears that corporate investment still is volatile. Amazon declined 9...
The rumor is that eventually we're going to see Google Voice merged completely into Hangouts, and that's getting even closer to becoming reality. You can now make phone calls via Hangouts directly from the Google Voice website, no Google+ necessary...
In order to attract more international investment and help reduce its dependence on oil revenue, Saudi Arabia is planning to open its $530 billion stock market to foreigners...
The best year for new stock offerings since the tech bubble is in the books, and industry pros are expecting another strong year in 2014. Returns may not top 30% again, but in terms of activity the outlook is bright as long as the broader market continues to make progress...
McDonald’s, stun by a reported food safety scandal at meat supplier OSI Group , is still only offering a limited menu in Shanghai today...
The largest Brazilian broker XP Investimentos is holding its first trading championship - Campeonato de Traders 1ª Edição. The event is arranged with the help of MetaQuotes Software Corp. XP Investimentos has recently started offering MetaTrader 5 trading platform to 80 000 of their clients...
Despite the 'challenging quarter', eBay profits rose. After the US stock market closed, shares in the company were up by more than 1.5% in trading. Although revenue grew by 13% to $4.4bn, that was less than hoped...
Leaders of the five BRICS nations agreed on the structure of a $50 billion development bank by granting China its headquarters and India its first rotating presidency. Brazil, Russia and South Africa were given posts or units in the new bank...
KCG Holdings Inc. published trade volumes for the month of June on Tuesday.In terms of market making, KCG posted an average of $23.5 billion in transaction volumes, which is 8.2 billion shares and 3.4 million transactions per day in US stocks, a notable decline from the volumes recorded in May...
The group of emerging economies have signed a contract to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar...
Microsoft Corp. (MSFT) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said...
This past week, Chinese State TV called the iPhone a “national security concern” because of its location tracking capabilities. The iPhone’s operating system utilizes location for several applications, including Maps and Weather...
The asset-less social network company’s market capitalization at the end of trading yesterday was just over $4 billion...
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said...
I'm thinking of opening Account with Admiral Markets, what do you think of their service...
Biotech stock Therapeutics MD (TXMD) was up 32.5% on Tuesday, lifted by brokerage house FBR Capital initiating coverage with an incredible $34 price target. Based on TXMD’s Tuesday closing price of $5.47, the FBR price target would mean a 600% return...
American regulators imposed a substantial penalty upon France's largest bank BNP Paribas for doing business with Cuba, Iran and Sudan. The present case showed that crippling a European bank could harm the world’s financial system, as well as a region struggling for growth...
