June 26, 2024 BY Elizabeth Anderson

Fertoz Pays Out $37,560 For Greenwashing Infringements

The financial watchdog indicated that the company, which supplies regenerative phosphate and organic fertilisers in Australia and North America, issued deceptive statements regarding its reforestation initiative in the Philippines. According to the allegations, Fertoz, which is listed on the Australian Securities Exchange (ASX), included misleading eco-based statements in a presentation published on this index. The…

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June 25, 2024 BY Elizabeth Anderson

CDK Cyber-Attack Hobbles Auto Dealers Across North America

Over 15,000 auto dealers across North America use the CDK software, and several were impacted by the hack. Among them is AutoNation, Inc. (AN), a US-based automotive retailer, which indicated that the breach and system downtime affected its business. Despite the disruption, the trader continued to sell, service and buy vehicles. Reuters quoted the company,…

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June 25, 2024 BY Elizabeth Anderson

Shein Secretly Files For London IPO

Financial experts have found the timing of this IPO filing odd as the company is still waiting on approval from Chinese authorities. This potential listing could attain a value of roughly £50bn and would likely be one of the biggest in London in 10 years. The filing is an application and does not mean automatic…

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June 25, 2024 BY Robert Bell

Aer Lingus Tries to Stave Off Damaging Industrial Action

AERL has already been forced to cancel over 200 flights, which led to disruption for more than 35,000 passengers, as the dispute ramps up. The Irish airline’ pilots taking the action are part of the Irish Air Line Pilots’ Association (IALPA). They’re looking for their pay to be increased by 24% to take into account…

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June 25, 2024 BY Elizabeth Anderson

Deriv named 'Most Trusted Broker' at Ultimate Fintech Global Awards 2024

The ‘Most Trusted Broker’ award underscores Deriv’s commitment to credibility and customer satisfaction. Available in multiple languages, Deriv’s user-friendly platforms are designed to provide a seamless trading experience and 24/7 customer support. Incorporating additional safety measures for users, Deriv prioritises client security and being transparent about all fees on its website. Deriv's adherence to stringent…

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June 25, 2024 BY Elizabeth Anderson

FX Veteran John Bogue Joins ATFX as Director of Institutional Operation

John’s extensive background includes significant roles at NatWest Markets Plc and Euronext FX Inc., formerly FastMatch. His deep understanding and seasoned oversight have been honed through his exposure to all facets of the FX asset class, including operations, risk management, and sales functions. John’s prior position was as Director for EMEA FX at TraderTools. He…

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E-commerce company Amazon 3Q preview
June 24, 2024 BY Robert Bell

Amazon May Charge Monthly Alexa Fee

Recent reports suggest that a monthly fee of between $5 and $10 will be charged in an attempt to finally turn Alexa into a profitable part of the AMZN empire. It’s been suggested that the new charge may be introduced at the same time the assistant is renamed Remarkable Alexa. This updated version of the…

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Recent testing exercise yields accolades for 7 best Forex brokers for 2020
June 24, 2024 BY Elizabeth Anderson

Global UF Awards: Brokers And Fintechs Making Their Mark

These sought-after awards signify a company’s commitment to financial ethics, innovation and progress. Interested parties, which included investors, brokers, liquidity providers and fintech pioneers, attended the iFX EXPO International 2024 from 18 June 2024. The UF awards ceremony concluded the event on 20 June 2024. XS.com received acknowledgement as broker of the year, while FXView…

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