Search Results for: law
IMF head Lagarde to face French trial over Tapie affair
December 18th, 2015
Christine Lagarde accused of negligence over €400m payout to businessman Bernard Tapie, who supported Nicolas Sarkozy in 2007 presidential race. Christine Lagarde, managing director of the International Monetary Fund, is tostand trial in France over a multimillion-euro government payment to ...
Bitcoin At Tax Time: What You Need To Know About Trading, Tipping, Mining And More
December 17th, 2015
If you have come into possession of Bitcoin or any other digital currency such as Ripple or Litecoin that is “convertible” to a real currency or can be used to pay for goods and services, it may seem virtual. But ...
UAE set to benefit from further China investment in 2016
December 17th, 2015
An increasing number of Chinese companies are expected to invest in the UAE’s property and manufacturing sectors next year as the government encourages companies to look overseas for growth, officials said yesterday. Chinese companies are investing more abroad, allowing ...
Which of Australia’s biggest companies are not paying tax
December 17th, 2015
Out of 1539 of Australia‘s largest corporate entities, 38 per cent did not pay any tax in 2013-14. Tax Commissioner Chris Jordan has released the tax details of corporate entities with $100 million or more annual turnover – 985 of which are ...
EU Court Overturns Decision to Fine Airlines in Cartel Case
December 17th, 2015
The European Union’s second-highest court has overturned a decision to impose €790 million ($864 million) of fines on more than a dozen airlines including Air France KLM and British Airways for operating an airfreight cartel. In a statement published ...
European Parliament set to hold inquiry into VW emissions scandal
December 17th, 2015
The European Parliament plans to set up a committee to investigate Volkswagen‘s (VOWG_p.DE) emissions scandal and whether regulatory oversight of the car industry was too lax. Members of the European Parliament will vote on the issue around midday on ...
PwC to hire 500 new staff in 2016 as it prepares for growth
December 16th, 2015
The Irish arm of international professional services firm PwC has announced plans to hire 500 new staff in 2016 The PwC number is made up of 300 graduate positions and 200 posts for more senior staff who have full ...
SEC Files Charges in Multi-Million Dollar Market Manipulation
December 16th, 2015
The Securities and Exchange Commission today charged a New Jersey man and his company with illicitly pocketing $13 million from an elaborate pump-and-dump scheme. The SEC alleges that Samuel DelPresto teamed up with others to secretly obtain control of ...
With change of tone, EU warms to Turkey, Serbia membership bids
December 15th, 2015
The European Union revived Turkey’s membership bid on Monday and opened accession talks with Serbia, showing how a migration crisis and Russia’s presence in the Balkans has prompted the EU to rethink plans to stop expanding. More than a ...
Samsung appeals Apple patent ‘windfall’ ruling to U.S. Supreme Court
December 15th, 2015
Samsung took to the U.S. Supreme Court on Monday in a last-ditch effort to pare back the more than $548 million in damages it must pay Apple for infringing the patents and designs of the iPhone. Samsung’s petition must ...