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Jul 23, 2014

U.K. May Announce FX Probe Settlements Simultaneously

A number of major banks are looking to simultaneously settle probes into allegations of foreign-exchange rate-rigging with the U.K.'s Financial Conduct Authority...

Jul 16, 2014

Google adds Bitcoin exchange rates to instant search answers

Bitcoin continues its march into the mainstream with yet another big name thinking the crypto-currency is worth its attention. This time, however, it's not a retailer agreeing to accept Bitcoin, but Google integrating Bitcoin into its instant answers...

Jul 10, 2014

U.S. and China say they 'narrowed differences' in Beijing talks

U.S. and Chinese officials said Thursday that they had “narrowed differences” during two days of high-level, wide-ranging talks on issues including cyber-security, climate change, foreign exchange rates, economic reforms and bilateral investment... #China #Beijing

Jul 09, 2014

Profits Vanish in Venezuela After Currency Devaluation

An overvalued bolívar meant the country had been a major source of profits for foreign firms, but they evaporated for many with a new exchange rate... #Venezuela #Colgate-Palmolive Company|CL|NYSE #American Airlines

Jul 09, 2014

Profits Vanish in Venezuela After Currency Devaluation

An overvalued bolívar meant the country had been a major source of profits for foreign firms, but they evaporated for many with a new exchange rate... #Venezuela #Colgate-Palmolive Company|CL|NYSE #American Airlines

Jul 03, 2014

China Will Allow Banks to Set Yuan-U.S. Dollar Rates for Retail Customers

China's central bank said it would allow banks to freely decide the yuan's exchange rate to the U.S. dollar when dealing with retail customers, a small step in making the Chinese unit a more market-oriented currency... #Venezuela #Colgate-Palmolive Company|CL|NYSE #American Airlines

Jul 12, 2014

Get on track to make your holiday money go further

There are more ways to stretch a holiday budget than just finding a good exchange rate. Mike Parks (pictured) found an alternative to using credit cards abroad... #Venezuela #Colgate-Palmolive Company|CL|NYSE #American Airlines

Jul 24, 2014

Germany's current-account surplus is partly to blame for eurozone stagnation

With Germany unwilling to spend, it is up to ECB president Mario Draghi to devalue the currency for a much-needed boost While the rest of the world recovers from the great recession of 2008-2009, Europe is stagnating. Eurozone growth is expected to b... #Europe #Airbus #European Central Bank #Mario Draghi #Germany #European Union #European Monetary Union

Jul 10, 2014

Burberry upbeat on sales but warns on strong pound ahead of showdown over boss's pay deal

Burberry has cautioned unfavourable exchange rates could have a 'material impact on profits' in the current financial year... #Europe #Airbus #European Central Bank #Mario Draghi #Germany #European Union #European Monetary Union

Jul 20, 2014

Health insurers for LI split on exchange fee changes for next year

Rate requests by health insurance companies selling to Long Islanders on the exchange show two trends for next year: About half are asking for a hefty increase in what they can charge for premiums, and about half are seeking an overall decrease in th... #Matthew Anderson #Nassau County, NY #Suffolk County, NY #Long Island, NY #Anderson, IN