Search Results for: FIS
Investment environment improved for UK SMEs who are ‘back in the game’
October 24th, 2014
Small and medium sized enterprises (SMEs) around the world have seen confidence levels rise and economic outlook improve drastically in the twelve months to mid-2014, according to findings from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute ...
Microsoft sales lifted by the cloud
October 24th, 2014
Microsoft continues to look to the cloud as it releases first quarter earnings. Lifted by strong momentum in its Internet cloud-based offerings, Microsoft on Thursday said its fiscal first-quarter revenue jumped to $23.2 billion, topping Wall Street estimates. The ...
Ten rules for new investors
October 22nd, 2014
Novice investors are similar to teenagers who take their fathers car secretly, before taking any driving lessons and obtaining their driving license. They first learn to average down on their investments before coming across the concept of stop loss. ...
China must accelerate reforms: World Bank chief
October 21st, 2014
China needs to accelerate reforms and not rely solely on monetary and fiscal policy to drive growth, a top World Bank official said on Tuesday. “I would recommend not really relying more on their macro policy, specifically on the ...
Apple earnings beat expectations on strong iPhone sales
October 21st, 2014
Apple reported third-quarter earnings of $8.47bn (£5.24bn), a 13% rise from the same period a year earlier, beating analysts’ expectations. Profits at the technology giant were helped by sales of its new iPhone 6 models, which were on sale ...
UK Tax Gap Widens
October 20th, 2014
The UK tax authority, HM Revenue and Customs (HMRC), has revealed that the UK tax gap grew to 6.8 percent in the fiscal year 2012-13, up 0.2 percent year-on-year. The tax gap, which measures the amount of tax that ...
Switzerland Extends Olive Branch To India On Tax
October 20th, 2014
Swiss authorities have confirmed that, if asked, they will assist India in efforts to confirm the genuineness of bank documents and will swiftly provide information on requests relating to non-banking dossiers. The commitment was made in a joint statement ...
IBM to pay Globalfoundries to take chip unit
October 20th, 2014
IBM Corp (IBM.N) said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing, mobile and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years ...
Ex-CFO Sues Walgreen Over Reports He Was Forced Out
October 17th, 2014
Former Walgreen Co. (WAG) finance chief Wade Miquelon sued the drugstore giant for defamation over news stories saying he was pressured to resign after a “bungled” earnings forecast. Miquelon, 49, sued Walgreen today in state court in Chicago, claiming ...
India May Become World’s Largest Coal Importer
October 17th, 2014
India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India Ltd (CIL), according to data by online trader mjunction. India’s ...
