Archives
CySec: transactions in bitcoin
March 19th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has issued a press release regarding the transactions in bitcoin. CySec warns the investors of the dangers associated with owning, buying or selling bitcoins, highlighting the fact ...
Japan’s trade deficit drops sharply
March 19th, 2014
Japan’s trade deficit narrowed to ¥800.3B ($7.9B) in February from a record ¥2.79T in January but exceeded consensus of ¥590B. Exports rose 9.9% on year after climbing 9.5%, although the growth missed expectations of 12.4%. Import growth slowed to ...
Toyota to settle Justice Department probe over unintended acceleration
March 19th, 2014
The Justice Department is set to announce as soon as Wednesday a billion-dollar agreement with Toyota to settle a federal probe of the automaker’s handling of customer complaints related to unintended acceleration, people familiar with the deal said. The ...
Multinationals Pay Higher Tax Rates Abroad than in U.S.
March 18th, 2014
Most U.S.-based multinational corporations paid lower U.S. taxes on their domestic profits than they paid to foreign governments on their foreign profits, according to a recent study. The study, released late last month by the advocacy groups Citizens for ...
Londongrad Dealmakers Threatened by Sanctions
March 18th, 2014
Russian companies have made $180 billion in deals globally in the past two years, providing steady profits to London bankers, lawyers, and image crafters as the city has become a hub for such transactions. Sanctions being imposed by the ...
Russia Sounds Alarm on Economy as West Starts With Sanctions
March 18th, 2014
Russia’s economy is showing signs of a crisis, the government in Moscow said as the U.S. and the European Union announced sanctions over its support for the Crimea region breaking away from Ukraine. “The situation in the economy bears ...
Solicitor and firm numbers holding up, SRA figures show
March 18th, 2014
The much-predicted exodus of solicitors and firms from the legal profession has yet to materialise, new Solicitors Regulation Authority figures have revealed. The SRA’s regulated population update showed 3,189 fewer solicitors in March this year compared with the previous ...
Court declares ruling party candidate El Salvador’s president-elect
March 18th, 2014
An electoral court in El Salvador has declared ruling party candidate Salvador Sanchez Ceren the next president of the country. The election took place last week, but was litigated when Norman Quijano of the right-wing Nationalist Republican Alliance (Arena) ...
Oscar Pistorius trial enters third week; gun dealer says he knew the law
March 18th, 2014
Opening a third week of testimony, a gun dealer said South African Olympic athlete Oscar Pistorius had to know gun safety laws before purchasing his firearms and getting his gun licenses. Sean Patrick Rens, who sold guns to Pistorius, ...
FCA and Bank of England agree Memorandum
March 18th, 2014
The Financial Conduct Authority (FCA) and the Bank of England, including the Prudential Regulation Authority (PRA), have agreed a Memorandum of Understanding (MoU) that sets out how they co-operate with one another in relation to the supervision of markets ...
