Search Results for: European commission
Dollar climbs to 16-month peak; pound falls on Brexit fears
November 13th, 2018
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the ...
EUR/GBP losses seen on sterling rally
November 2nd, 2018
The Euro (EUR) has dropped off against the Pound (GBP) and most other peers today, with a stronger Pound Sterling making the single currency less appealing. A lack of supportive Eurozone data hasn’t helped matters, as Euro traders are ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
British pound is facing continued pressure on Friday morning
October 12th, 2018
The British pound is facing continued pressure on Friday morning after Liam Fox, Michael Gove and Dominic Raab spoke out against the UK PM at a senior ministers Brexit meeting in Downing Street last night. The Pound to Euro ...
Is money-laundering scandal at Danske Bank the largest in history?
September 27th, 2018
The Russian-speaking caller refused to give a name but the threat was explicit: “Do you really feel you can walk home safely at night?” It was 2013 and officers at the Estonian branch of Danske Bank were beginning to ...
EU to step up legal battle with Britain over import scam
September 20th, 2018
The European Commission is expected to step up a legal battle on Wednesday against Britain to recover 2.7 billion euros ($3.2 billion) in lost revenues due to an import scam, two European officials told Reuters on Tuesday. Commission officials ...
EU finance ministers to discuss proposals to adopt a tax on companies’ digital turnover
September 6th, 2018
European Union finance ministers will this week discuss proposals to adopt a tax on companies’ digital turnover by the end of the year, a document prepared by the Austrian presidency of the bloc said. EU governments agree that tax ...
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
U.K. accounting faces chaos in no-deal Brexit
August 28th, 2018
Accounting in the U.K. would be thrown into chaos if the country fails to strike a deal on how to leave the European Union, which looks increasingly likely. “Things could simply stop,” Anthony Walters, Head of Public Affairs at ...
UK Banks advocate Brexit deal on financial services
August 23rd, 2018
Several UK financial services enterprises have urged the government to strike a deal with the EU allowing British banks, insurers, and wealth managers to do business on the continent free of any possible restrictions. Kristian Rouz — The British ...
