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Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
U.K., Russia Offer Lowest Rates of Corporate Tax, Study Finds
May 9th, 2016
Corporate tax rates globally average 27 percent, UHY says Group of Seven economies impose corporate levies of 32 percent Russia and the U.K. give companies the lowest effective tax rates among the world’s leading economies, according to a report ...
21 Inc Unveils Plan to Make Every Computer a Bitcoin Computer
May 5th, 2016
Balaji Srinivasan, co-founder and CEO of 21 Inc, announced the launch of the 21 software package at the Consensus 2016 blockchain conference, allowing anyone with a computer to receive bitcoin. Freely available, the software allows any connected device to join the ...
GAIN Capital Reports First Quarter 2016 Results
May 5th, 2016
GAIN Capital Holdings, Inc. (“GAIN”) (NYSE: GCAP), has issued a press release to announce financial results for the first quarter of 2016. Net revenue for the quarter was$115.6 million, up from $93.0 million in the first quarter of 2015, and adjusted EBITDA ...
BDO confirms the election of a new Managing partner
May 5th, 2016
Paul Eagland has been elected as the new Managing Partner of BDO LLP following a vote of all its partners, the accountancy and advisory firm has announced today. Paul will succeed the current Managing Partner, Simon Michaels, and will ...
Craig Wright Says He Will Prove He Is Bitcoin Creator ‘Satoshi Nakamoto’
May 4th, 2016
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed skepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his ...
EY conflicts of interest issues could affect Royal Dutch Shell-BG Group deal
May 4th, 2016
Conflicts of interest and issues around auditor independence could affect the proposed acquisition of BG Group by Royal Dutch Shell, Manifest has suggested. Analysis by proxy voting agency Manifest ahead of Royal Dutch Shell’s AGM next month has found that EY, ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
Monex Group Reports Monthly Consolidated Financial Results
April 28th, 2016
Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly consolidated financial results of Monex Group, Inc. for March 2016. Please note that the figures stated below are un-audited and, in some ...
Oil prices jump on weak dollar, strong investor appetite
April 27th, 2016
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month’s bull-run could soon run out of steam. International ...
