Daily Archives: 10/10/2016
Facebook challenged over £11.3 tax credit
October 10th, 2016
According to information filed at Companies House, Facebook paid £4.17m in corporation tax for the year to December 2015, and recorded sales of some £210m. However, the company also had a £11.3m credit to offset against future tax payments, ...
CISE goes international by opening up membership
October 10th, 2016
The membership rules previously restricted sponsors to being entities established in the Channel Islands. Now they have been updated to allow sponsors to be based in any jurisdiction deemed acceptable to the Exchange. The change is effective from 10 ...
FXecosystem Announces Asia Expansion
October 10th, 2016
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore ...
Elliott Wave Analysis: SILVER Undergoing A Temporary Three Wave Corretion
October 10th, 2016
Elliott Wave Analysis: SILVER Undergoing A Temporary Three Wave Corretion On the Daily chart of Silver, we are observing a nice three wave consolidation taking place with sub-wave C in final stages as part of a higher degree correction ...
World Gone Mad, Part 2: “Perpetual Preferred”
October 10th, 2016
Towards the end of a credit bubble, ideas that might have seemed crazy in more boring times are not just accepted but embraced by investors desperate to keep the high that comes from effortless bull-market profits. In the junk ...
Now you can pay with just a selfie
October 10th, 2016
Mastercard announced the European roll out of Identity Check Mobile, a new payment technology application that uses biometrics like fingerprints or facial recognition to verify a cardholder’s identity, simplifying online shopping. The technology is now being introduced across 12 markets ...
Dubai to overtake London as top pick for wealthy GCC investors
October 10th, 2016
Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the top choice for the GCC’s wealthiest investors next year, a report has found. The region’s high net worth individuals ($1m-plus) ranked ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
Fifa faces legal challenge ahead Qatar 2022 World Cup
October 10th, 2016
Fifa is facing legal action in the Swiss courts over its alleged complicity in the mistreatment of migrant workers in Qatar ahead of the 2022 World Cup, the Guardian can reveal. Since Fifa voted in December 2010 to hold the ...
Internet trolls could face prosecution
October 10th, 2016
Internet trolls who create derogatory hashtags or post doctored images to humiliate others could face prosecution in England and Wales. Inciting people to harass others online, known as virtual mobbing, could also result in court action, under new Crown ...