Top Stories of the day June 30
1. S&P has downgraded Greece‘s credit rating from CCC to CCC-, and says there is a 50 per cent chance it will leave the Euro.
It made the change because it feels that, unless circumstances change, Athens will probably default on its commercial debt in the near future.
Read also: OSB Daily Technical Analysis-Currency Pairs
2. The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action has been filed against FXCM Inc. (NYSE: FXCM) (“FXCM” or the “Company”) on behalf of purchasers of the Company’s common stock between June 11, 2013 and January 20, 2015, inclusive (the “Class Period”). Members of the class are reminded that they may, no later than July 7, 2015, petition the Court to be appointed as a lead plaintiff of the class.
3. The Indian government has started talks with the Bar Council of India and other stakeholders on its proposal to open up the legal services sector to foreigners in stages.
4. Deloitte acquires LRA Worldwide to provide brand and reputation management solutions to measure customer experience.
Company to join Deloitte Advisory’s Strategic Risk Services practice and will continue to expand field research offerings across hospitality, retail, health care, and other industries.
Read also: OSB Daily Cheat Sheet
5. With bank doors slammed shut, frantic Greeks are turning to online trading platforms to see if the digital money Bitcoin is a better bet than the euro.
The world’s largest Bitcoin exchanges tell CNNMoney they’ve seen a surge of business from Greece.
By OneStopBrokers
