Search Results for: EEX
Shell Submits a Plan for New Exploration of Alaskan Arctic Oil
August 29th, 2014
Royal Dutch Shell submitted a plan to the federal government on Thursday to try once again to explore for oil in the Alaskan Arctic, following years of legal and logistical setbacks as well as dogged opposition from environmentalists. Over ...
Bank of America to Settle $16.65 Billion Mortgage Case
August 21st, 2014
The Justice Department is poised to announce a $16.65 billion settlement with Bank of America over accusations that it duped investors into buying toxic mortgage securities, say people briefed on the matter. Yet even as that accord nears completion, ...
Oil and Gas Drilling in Britain will expand
July 28th, 2014
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...
Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology
July 23rd, 2014
Today’s long-anticipated meeting between Mt. Gox bankruptcy trustee Nobuaki Kobayashi and creditors from the defunct exchange provided several revelations, but left many more questions unanswered. At the Tokyo meeting Kobayashi disclosed he would consider distributing the exchange’s remaining funds ...
Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge
July 11th, 2014
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an opulent 12-carat yellow diamond ring. He lived in a multimillion-dollar ...
IRS announces two-year FATCA enforcement transition period
May 5th, 2014
Foreign financial institutions that make a good-faith effort to comply with the requirements of the Foreign Account Tax Compliance Act (FATCA) will benefit from lighter enforcement during 2014 and 2015, the IRS announced on Friday (Notice 2014-33). The IRS ...
FX Market Trading and Clearing System Schedule Update
April 23rd, 2014
An updated version of Moscow Exchange”s ASTS FX market trading and clearing system is to come online on 28 April 2014. Testing with the involvement of trading participants will take place on 26 April. The system will be available ...
