Following an internal review, SEC Chairman Jay Clayton revealed that the organisation had been the victim of “Malicious attacks”. The revelation came in a 4,000-word statement released on Wednesday and caused concerns among those on the trading floor. The Securities and Exchange Commission is responsible for handling almost 1.7 million financial market disclosure documents a […]
A historic hotel, located in the heart of the historic and beautiful city of York, The Grand opened its doors in May 2010 following the extensive refurbishment of the former North Eastern Railway headquarters – one of York’s most iconic Edwardian buildings. Today it is the region’s leading luxury hotel and has established a global […]
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In a move seen by many as one friend loaning another some money to help them through troubled times and garner favours, Google has paid $1.1 billion to smartphone manufacturer HTC to expand their Smartphone business. HTC, once a major player in the market have visibly struggled in the face of huge growth by competitors […]
Bitcoin just hit the $5,000 mark, and the growth of blockchain is taking various sectors by storm, in particular that of currencies. In this article, Fraedom CIO Simon Raymer identifies five important points to consider when discussing the use of cryptocurrencies. 1 - Gaining a greater understanding There remain many challenges ahead for the established […]
Latest figures release show that a fall in income receipts from foreigners have pushed the US deficit up to 2.6%, bringing it back towards the levels of 2008, but well short of the 2005 high of 6.3%. According to the Department of Commerce, the increase in the account deficit during the second quarter rose from $113.5 […]
The trend of bricks and mortar stores falling foul of the move towards online shopping struck once more yesterday as retail giant Toys 'R' Us filed for Chapter 11 bankruptcy in the US and Canada to protect itself from creditors while they attempt to re-organise the business. Founded in the 1950s and once the dominant […]
Here Christopher Hillman, Principal Data Scientist at Think Big Analytics, A Teradata Company, delves deep into the processes banks use to identify fraud and the culprits within the system. Insurance fraud is a growing problem which many insurers have begun to dedicate new departments and whopping budgets to try and tackle. Huge amounts of time […]
The pound hit an eight-year low against the euro a few weeks back, with the official exchange rate at €1 to £1.083. At some airports, such as Southampton, travelers were being offered just €0.872 to £1. This represents a 15% reduction in value against the euro since the UK decided to leave the EU and comes […]
ICOs are like IPOs, but for new coins. By now you’ll have heard about Bitcoin and blockchain, except that by now there are already over 900 other brand-new cryptocurrencies, just like Bitcoin, competing for a cryto-market in which digital money has created its own markets, with its own B2B markets and so forth. One of […]
Interactive Investor, the online investment platform, recently released its clients’ most traded investments, by number of trades, in August 2017. Commenting on the results, Lee Wild, Head of Equity Strategy at Interactive Investor said: “Following an exhausting 2,000-point rally between February 2016 and the record high in June this year, equity markets have extended their […]
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