Search Results for: VAT
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
Central Banks Will Be Busy This Week, But Their Ability To Boost Global Business Is In Doubt
April 27th, 2015
Most big central banks have been easing policy since the beginning of the year and are set to do more, but it still isn’t clear whether that new activism, which has pushed stock markets to record highs, will help ...
Can an illegal scheme apply for business rescue?
April 24th, 2015
The concept of Ponzi schemes is one that is not new across the globe and has been around for decades. According to Wikipedia “a Ponzi scheme is a fraudulent investment operation where the operator, an individual or organisation, pays ...
Ruble is enjoying demand thanks to monthly tax payments
April 24th, 2015
The ruble made new gains on Thursday, supported by impending monthly tax payments that require the conversion of export earnings, and ignoring expectations the central bank will soon cut interest rates. “The Russian currency is enjoying demand thanks to ...
Bullion Capital Announces Liquidity Deal With Finemetal Asia
April 24th, 2015
The world’s leading electronic exchange for allocated physical precious metals, Bullion Capital, has announced a new partnership agreement with specialist liquidity provider, Finemetal Asia. The collaboration with Finemetal Asia is a significant step in Bullion Capital’s rapid global expansion ...
Chinese lawmakers protect retail investors
April 24th, 2015
Chinese lawmakers called for better protection for retail investors in the stock market while discussing an amendment to the Securities Law on Wednesday. The Standing Committee of the National People’s Congress (NPC) is weighing a revision requiring a more ...
Deutsche Bank fined £227 million by FCA
April 23rd, 2015
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also ...
What about the EU Single Market?
April 23rd, 2015
Discussions of the economic situation in Europe and the eurozone during the last few years have a heavy emphasis on government debt and central bank policy. But from the time when the Treaty of Rome back in 1957 created ...
European Investment Bank rolls out the Investmet Plan for Europe
April 23rd, 2015
The first projects and transactions earmarked for benefitting from an EU budget guarantee under the European Fund for Strategic Investments (EFSI) have been approved by the Boards of the European Investment Bank (EIB) and the European Investment Fund (EIF) ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
