Microsoft announced on Thursday that it would eliminate up to 18,000 jobs over the next year as part of a major restructuring. Previously, the largest layoffs at the company ... Read More
In implementing the New European Accounting Directive, the Member States have choices which give them the chance to improve accounting in their country and those choices should be more ... Read More
The Securities and Exchange Commission has announced fraud charges against four individuals and a microcap company for concealing from investors that two lawbreakers ran the company. According to the ... Read More
LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company’s online auction website. The ... Read More
Gold is trading just shy of the key $1300 level on Thursday. In the European session, the spot price stands at $1299.07 per ounce. On the release front, it’s ... Read More
A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi ... Read More
The Monetary Authority of Singapore (MAS) is seeking public feedback on proposed new measures to further protect Singapore’s financial system from being used to launder money or finance terrorism. ... Read More
Tracking a rising trend in global markets, silver futures prices today rose by 0.63 per cent to Rs 45,730 per kg as speculators built fresh positions amid covering-up of ... Read More
GlaxoSmithKline said it fired staff in China for bribing officials in 2001 in a case that predates wider allegations of corruption for the British drugmaker in the country by ... Read More
The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German ... Read More
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