Month: January 2018

Until now, an illegal trading technique called “spoofing” has been associated with two-bit commodities outfits and lone wolf traders operating in the shadows of the markets. But prosecutors revealed on Monday that their investigations have hit the big time. Deutsche Bank, UBS and HSBC will collectively pay nearly $47 million to settle civil regulatory charges
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Brent Lewin | Bloomberg | Getty Images A Starbucks store in Shenzhen, China. Starbucks‘ strong growth in China will be overshadowed by slowing sales in the U.S., an analyst at Bernstein said Monday. “The business mix is clearly shifting toward China … just not fast enough to offset the US,” analyst Sara Senatore said in
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Who could have guessed all of the things that happened in 2017? Between major changes to the tax code, the market reaching all-time highs and geopolitical upheaval all over the world, the past year has been one of constant change. We’re all wondering what new surprises are in store for 2018. My take: Don’t worry
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Getty Images Workers pack and ship customer orders at the 750,000-square-foot Amazon fulfillment center in Romeoville, Illinois. Amazon will be able to compete against Google and Facebook in the internet ad business, according to one Wall Street firm. Citi Research reiterated its buy rating for Amazon shares, predicting strong growth for its internet advertising business.
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In the November crackdown, the Saudi government arrested and detained several hundred businessmen, senior officials and Saudi royals like Alwaleed, many within the Ritz-Carlton hotel. Multiple reports, citing anonymous sources, have suggested that detainees handed over assets in order to buy their freedom. Alwaleed, the billionaire owner of international investment company Kingdom Holding, told Reuters
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