Search Results for: Oman
Panama Papers spur global tax tightening as second leak names more people, companies
May 10th, 2016
Details are still being sifted from the hugely anticipated second global data leak that names people, companies and tax schemes connected to offshore entities — many with familiar names. Legal or otherwise, the new cache of thousands of financial ...
HTC revenue falls 64% in Q1
May 9th, 2016
HTC is finding itself on the wrong side of a rapidly evolving smartphone market. The Taiwanese company reported today that its revenues fell 64 percent in the first quarter and that profits fell 78 percent compared to the same ...
A lawsuit filed against Starbucks
May 5th, 2016
What do you do when you’ve ordered a Starbucks iced coffee that you think is watered down with too much ice? A) Return the drink and ask for less ice. B) Sue. A Chicago woman represented by a litigation law firm ...
New rules from the EU Commission would require nations to pay €250,000 for each asylum seeker they refuse
May 5th, 2016
EU Proposes Fines for Member Countries That Refuse to Take in Migrants New proposed asylum rules aim to ease burden of countries on front line of Europe’s migrant crisis The European Union’s executive body on Wednesday proposed controversial new ...
EY conflicts of interest issues could affect Royal Dutch Shell-BG Group deal
May 4th, 2016
Conflicts of interest and issues around auditor independence could affect the proposed acquisition of BG Group by Royal Dutch Shell, Manifest has suggested. Analysis by proxy voting agency Manifest ahead of Royal Dutch Shell’s AGM next month has found that EY, ...
Volkswagen (VOW) Overtakes Toyota In Q1 Car Sales For Global Top Spot
April 27th, 2016
Even though an emissions-cheating scandal has rocked German car maker Volkswagen AG — expected to cost the company upward of $18 billion — the company’s sales were buoyed by China and Europe, allowing it to overtake its archrival Toyota ...
UK and EU states call for rapid access to global beneficial ownership register
April 27th, 2016
The UK has joined forces with 19 European countries and the British overseas territories of Anguilla and Montserrat in the Caribbean, to issue a joint statement callng for rapid adoption of the automatic exchange of beneficial ownership information The ...
Eurostat released employment rate of people aged 20 to 64 in the EU
April 26th, 2016
Employment rate of people aged 20 to 64 in the EU above 70% in 2015 New peaks for women and those aged 55-64 In 2015, the employment rate of the population aged 20 to 64 in the European Union (EU) ...
Dubai sees 5% rise in tourists to 4.1 million in Q1
April 25th, 2016
Dubai welcomed 4.1 million overnight visitors in the first three months of 2016, a 5.1 percent increase over the same period last year, official figures showed on Monday. The increase was backed by strong double digit growth from its ...
IMF lowers Gulf economic growth forecast with ‘substantial measures needed’
April 25th, 2016
Growth in the Arabian Gulf will slow to 1.8 per cent this year as low oil prices take their toll on budgets, which will lose $140 billion in export revenue this year, the IMF said today. The growth forecast ...