Daily Archives: 19/09/2016
Forex traders must repay retired teacher for the money she lost
September 19th, 2016
If someone approaches you to invest your money in the foreign-exchange (forex) market, be immediately on your guard. Foreign-exchange investments are extremely risky and there is a high probability of losing all your capital. This is what happened to ...
New Study: Volkswagen are the least polluting diesel vehicles; Which car brands pollute more than the legal limits
September 19th, 2016
Dieselgate 1st anniversary: all diesel car brands in Europe are even more polluting than Volkswagen – study As Dieselgate turns one year old, a new study by Transport & Environment (T&E) reveals that Volkswagen is currently selling the least ...
Braintree European merchants ready to accept UnionPay to tap Chinese shoppers
September 19th, 2016
Braintree merchants in most European countries will be able to accept UnionPay through Braintree’s SDK helping them to tap Chinese shoppers buying from overseas. According to research data from PayPal & IPSOS, China is the top export market for UK businesses, with an ...
Property versus shares: which is the better investment?
September 19th, 2016
When it comes to building wealth for the future, which asset class is safer and more sustainable? Will shares or property better help you reach your investment goals? Investing in property A lot of investors prefer property as it is ...
Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments
September 19th, 2016
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart of safeguarding the Bank’s mission for monetary and financial stability, ...
FINRA fines financial services company $850,000
September 19th, 2016
The Financial Industry Regulatory Authority (FINRA) announced that it has fined Ameriprise Financial Services, Inc. $850,000 for failing to detect the conversion of more than $370,000 from five customer brokerage accounts by one of its registered representatives. Ameriprise failed ...
UAE pays highest salaries in the GCC for domestic workers
September 19th, 2016
The average monthly salary of domestic workers in the UAE stands at AED1,592 ($433), making it the highest in the region, according to the HelperChoice Domestic Worker Salary Survey Middle East 2016. Both Saudi Arabia and Qatar provide average monthly ...
PwC moves into FIFA audit hot-seat
September 19th, 2016
PricewaterhouseCoopers (PwC) have stepped into the hot-seat vacated by KPMG as statutory auditors of FIFA. The world football body announced that the Bureau of the FIFA Council had appointed PwC Switzerland to the role. The move comes three months ...
China Rich Help Europe Banks Raise $14 Billion Since August
September 19th, 2016
Eight European finance companies opened books in Asia hours ‘Asian investors tend to be more yield hungry,’ JPMorgan says The appetite of China’s wealthy to diversify from a weakening yuan is helping European finance companies boost capital to prepare ...
Oil prices rise on trouble at Libya’s oil ports
September 19th, 2016
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia that until this month had controlled Libya’s oil ports for ...
