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Saxo Bank launches the first large-scale, truly digital, investment solution for retail investors in partnership with BlackRock

January 20th, 2016 (0)
SaxoSelect investment portfolios consisting of BlackRock exchange traded funds (ETFs) to launch in selected European markets, starting with Denmark, Finland, Italy, Norway, Netherlands and Sweden in Q1 2016. Saxo Bank today announces the launch of the first large-scale, truly digital, ...

The Top 10 (or 11) Bitcoin-Friendly Cities

January 18th, 2016 (0)
Looking to spend bitcoin on your travels? Your chances are much greater in the US. Seven of the top 11 cities with the most merchants that accept bitcoin are in the U.S., based on information from coinmap.org. San Francisco/San ...

2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

January 13th, 2016 (0)
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We ...

Commission concludes Belgian “Excess Profit” tax scheme illegal; around €700 million to be recovered from 35 multinational companies

January 11th, 2016 (0)
The European Commission has concluded that selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The scheme has benefitted at least 35 multinationals mainly from the EU, who must ...

Euro area unemployment rate at 10.5%

January 7th, 2016 (0)
EU28 at 9.1% The euro area (EA19) seasonally-adjusted unemployment rate was 10.5% in November 2015, down from 10.6% in October 2015, and from 11.5% in November 2014. This is the lowest rate recorded in the euro area since October 2011. The ...

Euro area annual inflation stable at 0.2%

January 5th, 2016 (0)
Euro area annual inflation is expected to be 0.2% in December 2015, stable compared to November 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area ...

Single Resolution Mechanism to come into effect for the Banking Union

January 4th, 2016 (0)
The Single Resolution Mechanism (SRM) will become fully operational on 1 January 2016. The SRM implements the EU-wide Bank Recovery and Resolution Directive (BRRD) in the euro area. The full resolution powers of the Single Resolution Board (SRB) will ...

UAE leads Middle East’s internet economy

December 28th, 2015 (0)
Country stands at the forefront of the ‘internet of Things’ revolution, BCG says The UAE leads the Middle East when it comes to the maturity of the internet economy, according to The Boston Consulting Group (BCG)’s 2015 e-Intensity Index ...

11 Bitcoin Startups That Went Bust in 2015

December 28th, 2015 (0)
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
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