John Donahoe, CEO of ecommerce giant eBay, said he is actively considering an integration of popular digital currency bitcoin with the company’s payment processing service PayPal. In a Q&A ... Read More
U.S. companies are stockpiling a record amount of foreign earned profits abroad, roughly $2.1 trillion. The amount of cash held overseas by U.S. multinationals is up 93 percent since ... Read More
The European Commission’s review of the proposed merger of Telefonica SA (TEF) and Royal KPN NV (KPN)’s German wireless units focuses on bolstering smaller competitors that lease capacity rather ... Read More
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services ... Read More
The Council of the Cyprus Securities and Exchange Commission (CySec) informs the investors that has decided to impose the administrative fine of € 10.000 in total to the company AFX Capital ... Read More
Shares in Japanese electronics giant Sony have fallen by as much as 7% after the company forecast its second straight year of losses. The stock sell-off came after Sony ... Read More
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency ... Read More
Pair’s Outlook None of the nearest supports were able to negate the bearish momentum yesterday. Consequently, we are now left only with 1.6736/26 (55-day SMA and up-trend line) that ... Read More
Pair’s Outlook After a precipitous decline EUR/USD now finds itself trapped between two strong levels. From above the currency pair is capped by a combination of the up-trend line ... Read More
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading ... Read More
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