The guidance is to be implemented by all virtual
currency businesses in the state, including those that hold a New York money transmitter license.
This subjective standard, in addition to no option for reciprocal or provisional licenses, leaves businesses without much guidance in terms of what is required to obtain a BitLicense, which undoubtedly has deterred many small business and start - ups from starting or operating virtual
currency businesses in New York.
While the Money Transmitters Act does make significant strides in enacting a more business - friendly regulatory scheme, it still poses difficulties for virtual
currency businesses in North Carolina as there are cumbersome and costly requirements with no reciprocity or provisional licensing opportunities.
Authorities in Japan are working on a proposal that could pave the way for the regulation of virtual
currency business in the country.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our
business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial,
business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for
business aircraft, including the effect of global economic conditions on the
business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign
currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco
business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to
business relationships and other
business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing
business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Something a bit less sexy than its flashy name suggests: it's the set of regulations that will govern digital
currency businesses operating
in New York State.
Instead, the friend advised them to build an international
business that earned U.S. dollars, but paid employees
in a local
currency.
Fueling the rally is increasing
business interest
in the Ethereum blockchain, which can be used to build applications with uses beyond digital
currencies.
Digital
currencies have surpassed some well - known companies
in size, fundamentally changing commerce for all
businesses.
Canadian
businesses can now shave off a significant cost
in doing
business with China, and reach a wider universe of customers
in the Asian nation — customers who do not have the resources to conduct
business in foreign
currencies.
«There is an important shift
in the industry that is driven by mobile technology at the point - of - sale, integrated with a finance marketplace that is finding innovative ways to help small
business get funding for mission - critical equipment, said CEMC founder and
currency CEO, Charles Anderson.
This doesn't just stop at consumer - focused projects like commercial banking, but even
businesses like
Currency are taking this change
in consumer behavior and using it to their advantage with facilitating equipment leasing through their online portal.
In January, a senior Chinese central banker said authorities should ban trading of virtual
currencies as well as individuals and
businesses that provide related services.
and a host of other startups, told
Business Insider he took part
in Kik's $ 50 million (# 39 million) token presale, where investors were given a chance to buy the messaging app's new digital
currency «Kin» before the general public.
The government also wants to persuade five Asian head offices to set up
in B.C. from any
business sector by 2020, which would be aided by the
currency arrangement.
«Donated to charities, accepted at local
businesses, and found tacked up
in pubs around the world, many consider Canadian Tire to be Canada's second
currency,» said Allan MacDonald, the retailer's chief operating officer.
If Bitcoin,
in its evolution, acquires more compelling utility — making cross-border payments cheap and fast, for example, or enabling «smart» contracts that encode
business relationships and automatically disburse payments — those who own stakes
in the finite
currency could find other would - be users, possibly even deep - pocketed corporations, clamoring to buy from them.
On Thursday, Parliament's Treasury Committee launched an inquiry into the role of digital
currencies in the U.K., including the opportunities and risks they may bring to consumers,
businesses and the government.
Businesses need to learn more about renminbi (RMB), because dealing
in China's
currency could save them money according to a study from HSBC.
In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height
in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
in 2008, a can of Coca - Cola that cost ZIM$ 50 billion
in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
in the morning would cost ZIM$ 150 billion at the close of
business on the same day — that it abandoned its own
currency in 2009 in favor of currency from other, more stable countrie
in 2009
in favor of currency from other, more stable countrie
in favor of
currency from other, more stable countries.
The findings correlate with an uneven year for
business in 2015, due to stock market volatility
in the third quarter, which ended a long bull run
in the wake of weakening global economies and a devaluing of China's
currency.
The government is encouraging foreign investors to hold RMB - denominated assets, and dealing
in the country's domestic
currency allows
businesses operating
in or trading there to minimize transaction costs.
In August, a slew of bitcoin companies cut off service to New York rather than apply for a BitLicense, the regulatory hall - pass created by the NYDFS to cover digital -
currency business deemed «money transmitters.»
«
In constant
currency, our leathers and jewelry
businesses both continued to grow, as they have for the full - year.
They say he also participated
in bribing Gross to gain control over the credit union to facilitate the virtual
currency business.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign
currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired
businesses into United Technologies» existing
businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new
business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and
currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their
businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
«The U.K. is about one seventh of the European market,
in terms of
business and population, so there's plenty of market share to be had without entering into the kind of
currency risks that are implicit
in the U.K.,» says Roper.
Factory activity is shrinking
in China, euro zone
business growth remains weak and emerging market giant Russia is
in a spiraling
currency crisis.
The fintech community has been watching closely to see if Joseph Otting, appointed Comptroller of the
Currency in November, would push ahead with a charter to allow fintech firms to do
business nationwide that was first announced
in 2016 by his predecessor, Thomas Curry.
Align Commerce, a San Francisco — based startup, is already facilitating
business - to -
business transactions across borders
in local
currencies using the bitcoin blockchain; Canadian companies can currently receive payments via the service but not send them.
The four conglomerates originated
in different sectors, but their underlying
business model is the same: cultivate powerful allies
in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible
in stock and property overseas as a hedge against slower growth
in China and the risk of a weaker Chinese
currency.
We also hold large positions
in Davis + Henderson Income Fund and CML Healthcare Income Fund, both of which offer stable
businesses with no material foreign
currency exposure.
This is where a
business issues a new digital
currency online — think bitcoin —
in exchange for real money.
The company announced Tuesday that it is launching a service that allows
businesses to accept payments
in 130
currencies.
Businesses can keep their receipts
in the local
currency, or take it out
in a local
currency for a processing fee.
Schwartz put some details on the scale of the reshaping of the FICC
business, with headcount down 30 %
in micro (think credit - related products), and 15 %
in macro (rates,
currencies).
The difference with EncoreFX is that we spend the time to get to know your
business, what the
currency risks are
in your
business, what the
currency opportunities are
in your
business.
But with monthlong high - tech - product life cycles, just -
in - time manufacturing operations, and overnight global
currency crashes, the
business world might just be coming around to the marines» point of view.
CEO Asaf Elimelech said
in a statement: «Momentum
in the
business has continued to be strong with increased interest
in our crypto
currency CFD offering and record new and active customer numbers, demonstrating our ability to serve our customers» trading needs through product innovation and technology leadership.»
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign
currency exchange rates and fluctuations
in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving
business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur
in the legal and regulatory proceedings described
in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
As India's central bank considers what to do about digital
currencies, Bitcoin
businesses in India are suspending operations.
In a surprise email, the company announced it would be phasing out its service with digital
currency businesses.
The global economy is ending the year
in a fragile state with factory activity shrinking
in China, euro zone
business growth remaining weak, and emerging market giant Russia
in a spiraling
currency crisis.
LONDON — The staggering ascent
in the Swiss franc, one of the most acute moves
in decades by a major
currency, has hurt financial firms around the world, with at least two brokerages going out of
business.
But since that time China has allowed its
currency to appreciate
in order to prevent Chinese
businesses and citizens from sending their savings abroad.
Britain's
currency, the pound sterling, and shares
in Scotland - based financial institutions have both sagged amid uncertainty over what
currency an independent Scotland would use and whether
businesses and capital would flee across the border.
The company is also teaming up with the fintech startups Stellar.org and KlickEx Group to use blockchain technology to process financial transactions across borders and
currencies — a process which is often prohibitively slow and costly for small
business owners, especially when they are
in developing regions with smaller banking infrastructures.
With Russo, he runs a
business that generated $ 5.3 billion
in revenues
in the first nine months of the year, putting it on a par with the fixed income,
currencies, and commodities unit.
Together with Daffey, he runs a
business that generated $ 5.3 billion
in revenue
in the first nine months of the year, putting it on a par with the fixed income,
currencies, and commodities unit.
These risks include,
in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold
in various geographies and the effect it has on gross margins; delays or decreases
in capital spending
in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products
in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the
currencies in which we conduct
business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases
in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes
in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our
business of natural disasters.