Search Results for: Ireland
Chiquita shares fall ahead of key investor vote
October 21st, 2014
Chiquita shares fell after a top shareholder rejected the firm’s plan to buy an Irish rival. Shares of Chiquita Brands International (CQB) closed down sharply Monday after a major institutional investor in the banana market giant said it would ...
Fears that Pimco and other Big Firms being unable to unload risky bonds
October 17th, 2014
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When it comes to high-risk bonds, the asset management giant Pimco ...
Merkel urges EU to keep up reforms as crisis not over
October 16th, 2014
German Chancellor Angela Merkel told parliament on Thursday that Europe must push ahead with efforts to cut public deficits and improve competitiveness because the euro zone debt crisis has not yet been overcome and its causes have not been ...
Lloyd’s sells €1.1bn of bad bank to Lone Star
October 16th, 2014
Lloyds has jettisoned €1.1bn (£883m) of bad bank. Lloyds Banking Group, which is partly owned by the UK government, has sold its Irish residential home loans to Lone Star, a US private equity group. Lloyds’s Irish operation was heavily ...
Wilbur Ross on Bank of Cyprus – VIDEO
October 9th, 2014
Mario Draghi, the president of the European Central Bank, has faced criticism on several fronts in recent weeks: for being too bold with the bank’s policies, or not being bold enough. Yet he has support from one quarter—well-known investor ...
US Tax Inversion Planners respond to Treasury Measures
October 8th, 2014
The non-legislative measures put forward by the Treasury Department on September 22, to deter multinationals from using corporate inversions to move their tax residence abroad and move away from the high United States tax rate, have so far produced ...
How to choose an accountant
October 3rd, 2014
Selecting an accountant to support your business is an important decision and something you need to consider carefully. Dan Martin gathers advice from members of the community UK Business Forums. How much should you pay? As with everything in ...
Incoming antitrust head promises action on tax deals
October 3rd, 2014
Europe’s incoming antitrust chief has promised a tough line on state-subsidised tax avoidance, saying she will “send a signal” with the speedy conclusion of probes into deals with the likes of Apple, Fiat and Starbucks. At her European parliament ...
Tax Tactics Threaten Public Funds
October 2nd, 2014
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...
EU publishes details over Apple’s Irish tax breaks case
September 30th, 2014
European Union antitrust officials published Tuesday details about a decision to open an in-depth investigation into Apple’s tax deals with Ireland that it alleges fall short of international standards. In a letter from the European Commission to Irish authorities ...