Search Results for: Brussels
British PM Theresa May called for a general election: What you need to know
April 19th, 2017
The UK looks set to have a general election on 8 June. Here’s what you need to know. What has happened? The UK Prime Minister Theresa May has announced that she wants to hold a general election on 8 ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
Draghi sends the Euro Lower on Thursday, Seen Paring Losses Mid-Day
April 6th, 2017
Euro to Dollar exchange rate: 0.8516, down a quarter of a percent Euro to Pound exchange rate: 1.0638, down a quarter of a percent The Euro was seen edging lower in European trade on Thursday, April 6 after the ...
Russia’s Gazprom May Move Operations From London Over Post-Brexit Trade Concerns
April 5th, 2017
According to media reports, Russia’s energy giant Gazprom may leave the United Kingdom in light of potential trading difficulties associated with the country’s departure from the European Union. Russia’s energy giant Gazprom may leave the United Kingdom in light of potential ...
All you need to know about Article 50 and the Brexit process
March 29th, 2017
The formal two-year process governing Britain’s departure from the European Union (EU) begins when Article 50 of the Treaty of Lisbon, which became law in 2009, is triggered on Wednesday. Here, CNBC breaks down all the issues as the ...
Sterling drops as May signs Brexit trigger for process to begin
March 29th, 2017
U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for the start of the two-year negotiation for the U.K. to ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
European Commission published consultation on FinTech
March 24th, 2017
Consumer Financial Services Action Plan: Better products and more choice for European consumers The European Commission is today presenting an Action Plan that sets out ways to provide European consumers with greater choice and better access to financial services ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
