Archives
Kim Dotcom’s Megaupload Sued By US Record Labels, Following Movie Studios’ Lawsuit, For Copyright Infringement
April 11th, 2014
Four major U.S. record labels have filed a copyright infringement lawsuit Thursday against file-sharing website Megaupload and its founder, Kim Dotcom, three days after the company was sued by Hollywood’s major movie studios and the Motion Picture Association of ...
CySec: renouncement of licence
April 11th, 2014
The Cyprus Securities and Exchange Commission announces that, on 18 February 2014, the CIF «Magline Investments Ltd» (‘the Company’), which provided investment services via the domain www.trading247.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and ...
CySec: acquisition of licences
April 11th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following companies have successfully obtained the CySec licence as ASPs: MMG Trust (Cyprus) Ltd Pageserve Limited Forpost Corporate Services Ltd Therefore, they are ...
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
China consumer prices rise, but industry deflation persists
April 11th, 2014
China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in the world’s second-largest economy. The consumer price index (CPI) rose ...
Exclusive: SEC eyes test that may lead to shift away from ‘dark pools’
April 11th, 2014
U.S. securities regulators are considering testing a proposed reform that could drive business to major stock exchanges and away from alternative trading venues such as “dark pools” that critics say may be hurting investors by reducing the quality of ...
FASB Provides Guidance on Reporting Discontinued Operations
April 11th, 2014
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations. Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued ...
Russia suspended from Europe’s human rights body
April 11th, 2014
Members of the Council of Europe voted on Thursday to suspend Russia from the European human rights watchdog over its annexation of Crimea. Parliamentarians from 47 countries at the Strasbourg-based body voted by 145 to 21, with 22 abstentions, ...
31% of businesses expect to grow through M&A in next 3 years
April 11th, 2014
The Grant Thornton International Business Report (IBR) reveals that global M&A activity has risen from this time last year, with dynamic businesses leading the way. The results confirm that leaders of the world’s most progressive businesses view acquisitions as ...
Third of SMEs do not have a business plan
April 11th, 2014
A third of SMEs say they do not have a business plan despite evidence that those that do are consistently more profitable and more than twice as successful in achieving their goals, according to research from software provider Exact. ...
