Search Results for: BVI
A Fox-Time Warner deal would give Murdoch new heft in China
July 21st, 2014
Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner’s board rejected Murdoch’s $80 billion offer, but ...
World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi
July 17th, 2014
A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi schemes, as some bitcoin critics have claimed. Kaushik Basu, World ...
Obama Seeks To Clamp Down On Corporate Inversions, Retroactive Legislation Possible
July 16th, 2014
The Barack Obama administration on Tuesday called for immediate legislation to prevent U.S.-based companies from re-incorporating overseas for lower taxes, the Wall Street Journal reported Tuesday. Treasury Secretary Jacob Lew wrote a letter to Senate Financing Committee Chairman Ron ...
Bank Earnings Give Stocks a Boost
July 15th, 2014
A better-than-expected earnings report from Citigroup C +3.02% helped kick-start a rally in stocks, lifting market indexes nearly back to levels seen before last week’s swoon. Many investors remain optimistic about the outlook for stocks broadly, amid improving U.S. ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Global stock markets hit by Portuguese bank concerns
July 11th, 2014
Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal’s biggest banks. Shares in Banco Espirito Santo were suspended after falling 17% following concerns about accounting irregularities at its parent group. ...
Google to create European venture capital arm
July 10th, 2014
Google is creating a European arm to its venture capital vehicle, as the internet group seeks to tap into the ideas and money being generated by the continent’s emerging start ups. Google Ventures, which has previously focused its investments ...
Australian dollar lifts to 3-day high on confidence boost
July 8th, 2014
The Australian dollar rose to a three-day high today as improved domestic business confidence data sparked a further recovery after it hit a two-week low last week. National Australia Bank’s Business Confidence Index rose a point to positive eight ...
GBP Is A Bad Apple While Dollar Is Squeezed
July 8th, 2014
Not the ideal start to a week where many expected more enthusiasms being expressed across the various asset classes, especially after last week’s stronger US employment headline print. Maybe the market is priming itself for the summer doldrums? The ...
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 ...
