Archives
Vodafone’s ‘unpaid tax’
May 19th, 2014
Activism Group UK Uncut has issued a warning to the UK’s largest telecoms company Vodafone over allegedly unpaid corporation tax. The group claims it has “had enough” of the government “sheltering tax-dodging companies” including, it claims, Vodafone. It is ...
AstraZeneca chief executive calls for a tax risk
May 19th, 2014
The US pharmaceutical seeking to acquire UK rival AstraZeneca represents a tax avoidance risk, according to the UK druggist’s chief executive Pascal Soriot. Pfizer, which has proposed a £63bn takeover of the UK business, intends to use the AstraZeneca ...
USD/JPY to challenge 101.27/00
May 19th, 2014
Pair’s Outlook USD/JPY remains hesitant to commence a recovery. Instead it is weighed upon by the selling pressure, which forced the currency pair to decline below the 200-day SMA. Still, the immediate support is at 101.27/00 and it may ...
GBP/USD to try to reach 2009 highs
May 19th, 2014
Pair’s Outlook The Pound continues to recover after an encounter with a cluster of supports around 1.6750. This demand area consists of the monthly pivot point, 55-day SMA and the rising trend-line and is therefore unlikely to be breached ...
EUR/USD stays flat
May 19th, 2014
Pair’s Outlook Neither the ceiling at 1.3725 nor the floor at 1.3686 seem to be willing to give in. However, considering that EUR/USD has recently confirmed the major down-trend resistance near 1.3950 and subsequently breached an important up-trend support ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
CySec on EU regulation about Ukraine
May 16th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union the following: 1. Council Regulation ...
Former Perth director jailed for providing false and misleading information
May 16th, 2014
The Australian Securities and Investments Commission (ASIC) has issued the following press release: Mr David Alan Zohar, a former director of Aluminex Resources Limited, was sentenced today to 14 months in jail. The sentence, handed down in the Perth ...
ASIC to impose licence conditions on two Commonwealth Bank financial planning businesses
May 16th, 2014
The Australian Securities and Investment Commissions (ASIC) has announced that it will impose, by agreement, licence conditions on the Australian financial services licences of two financial planning businesses owned by the Commonwealth Bank of Australia (CBA) – Commonwealth Financial ...
SEC Charges Unregistered Securities Salesman
May 16th, 2014
The U.S. Securities and Exchange Commission has charged a Tiburon, Calif.-based securities salesman for selling millions of dollars in oil-and-gas investments without being registered with the SEC as a broker-dealer or associated with a registered broker-dealer. Behrooz Sarafraz has ...
