Search Results for: Citi
Google keeps throwing googlies over its market dominance
March 28th, 2014
If Google is found to be again gaming the system with its latest package of reforms, EU sanctions must be brought In June last year, in an article for Comment is free, I drew attention to Google’s efforts to ...
European Stocks Climb Before Euro-Area Confidence Report
March 28th, 2014
European stocks advanced, paring their monthly loss, as investors awaited data that may show euro-area economic confidence rose in March. U.S. index futures and Asian shares also climbed. Intesa Sanpaolo SpA gained 1.9 percent as it forecast dividend payouts ...
UBS Said to Suspend FX Traders in New York, Zurich and Singapore
March 27th, 2014
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They include Onur Sert, an emerging-markets spot trader ...
European Stocks Fall After Two-Day Rally; H&M, RBS Drop
March 27th, 2014
European shares fell, halting a two-day rally, on concern that the crisis in Ukraine may escalate. U.S. stock-index futures and Asian shares rose. Hennes & Mauritz AB fell 2.9 percent after reporting quarterly profit that missed analysts’ estimates. Royal ...
Rich Chinese overwhelm U.S. visa program
March 26th, 2014
A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash. The number of applicants is now so great that the government might run out of permits. ...
U.S. Stocks Fluctuate While Europe Slumps on Ukraine
March 24th, 2014
U.S. stocks fluctuated as an index of manufacturing slowed while European shares snapped two days of gains amid concern the Ukraine crisis may escalate. The yen and gold weakened. The Standard & Poor’s 500 Index fell less than 0.1 ...
Flight 370: When facts are few, imaginations run wild
March 24th, 2014
Malaysia Airlines Flight 370, a Boeing 777 on the way from Kuala Lumpur to Beijing, simply vanished from the sky on March 8. In the two weeks since, the mystery of what happened to its 227 passengers and 12 ...
Putin Clears Crimea Annexation as Ukraine Signs EU Pact
March 21st, 2014
Russia completed the process of annexing Crimea and the European Union signed a political pact with Ukraine, escalating the worst standoff between Russia and the West since the Cold War. Russian President Vladimir Putin signed legislation approved by lawmakers ...
How Suntech, Chinese Solar Giant, Was Snared In An Italian Fraud Scandal
March 21st, 2014
As 2008 began, the future looked brilliant for green energy giant Suntech Power and its high-flying founder, Shi Zhengrong. Suntech was one of the world’s largest makers of solar panels, the first non-state-owned Chinese company traded on the New ...
Turkey blocks use of Twitter after prime minister attacks social media site
March 21st, 2014
Recep Tayyip Erdoğan threatens to ‘root out’ social media network where wiretapped recordings have been leaked Turkey restricted access to Twitter hours after its prime minister, Recep Tayyip Erdoğan, threatened to “root out” the social media network where wiretapped ...
