Search Results for: Total
In Deal to Cut Corporate Taxes, Shareholders Pay the Price
July 9th, 2014
Medtronic is pursuing a deal to move abroad and save taxes. But few have noticed that the company’s shareholders will be the ones left with a big tax bill as a result. Oddly, some of Medtronic’s largest shareholders — ...
U.A.E. Bank Rules, EU Bank Legal Fees, Tibor: Compliance
July 8th, 2014
The United Arab Emirates may amend rules governing bank lending against shares after reviewing June’s stock price swings in Dubai and Abu Dhabi, the market regulator said yesterday. Representatives of the Securities and Commodities Authority, the central bank and ...
Corn Holds at $4.03 after Record Crop
July 8th, 2014
Corn traded near the lowest level in almost four years as an outlook for a record harvest in the U.S., the biggest producer, spurred a bear market slump. Wheat rallied after the biggest drop in 15 months. Corn for ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
The gap between accountants and clients
July 7th, 2014
I was intrigued to read some new and original research published by Robert Craven of The Directors’ Centre, reports Mark Lee. Craven is no stranger to AccountingWEB. My interview with him in 2012 about his book, ‘Grow Your Service ...
Rosneft towards new projects in strategic shift
July 7th, 2014
Rosneft will shift its focus from acquisitions to new projects after a period of aggressive dealmaking that has transformed the Russian energy industry, as the country’s economy is hit by US and European sanctions. The move marks a significant ...
Consequences for failing to comply with financial statement filing obligations
July 3rd, 2014
The Financial Markets Authority (FMA) has filed charges against the directors of eight companies that raise funds from the public, for breaches of the Financial Reporting Act (FRA). “Filing financial statements on time is a basic requirement for companies ...
SEC charges five traders for short selling violations
July 3rd, 2014
The Securities and Exchange Commission (SEC) has charged five traders for committing short selling violations while trading for themselves and Worldwide Capital Inc., a Long Island, N.Y.-based proprietary firm that earlier this year paid the largest-ever monetary sanction for ...
CySec imposes administrative fine of €5.000
July 3rd, 2014
The Cyprus Securities and Exchange Commission informs the investors that, at its meeting held on 02.06.2014 , decided to impose the administrative fine of €5.000 in total against “Deloitte Investment Services Ltd” for breaching the Prevention and Suppression of ...
Direct won-yuan trading on the way
July 3rd, 2014
While North Korea is set to top the agenda at talks later today between Chinese President Xi Jinping and South Korean President Park Geun-hye, increasingly close bilateral economic relations won’t be far behind. There are two main items on ...
