Search Results for: VAT
ERPB to address instant payments in euro and remaining SEPA issues
December 9th, 2014
Instant payments with immediate availability of funds are the industry’s next frontier Aim is to take advantage of integration already achieved with SEPA and avoid the development of a fragmented market in Europe In its second meeting, on 1 ...
PwC staff grilled by MPs over Luxembourg deals
December 9th, 2014
Accountants and business advisors PricewaterhouseCoopers (PwC) came under fire from MPs yesterday during a parliamentary hearing. The hearing followed the leak of hundreds of Luxembourg tax rulings at the beginning of November. “I think what you are doing is selling ...
Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines
December 8th, 2014
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...
Netherlands Growth Prospects Remain Subdued
December 8th, 2014
The Dutch Central Bank on Monday said the Netherlands is emerging from a lengthy economic crisis but that growth prospects remain subdued as a result of a weakening global economy. The central bank said it expects Dutch gross domestic ...
FXecosystem Extends FX Connectivity to Moscow Exchange
December 8th, 2014
FXecosystem Inc, the leading provider of outsourced connectivity services to the FX market, has extended its network by adding connectivity to Moscow Exchange (MOEX). This latest development from FXecosystem means that banks and brokers can benefit from having a ...
‘Global Islamic Economy Indicator’ introduced
December 8th, 2014
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...
Why Bitcoin Remittance Services Should Leave the ‘Bitcoin’ Part Out
December 8th, 2014
The sister cities of Hong Kong and Macau currently house more than 200,000 migrant Filipinos between them. The breakdown is fairly homogenous in terms of occupation: the largest group consists of 160,000 Filipinas working on Foreign Domestic Helper visas ...
ASIC surveillance prompts FX provider to enhance compliance procedures
December 8th, 2014
Following an ASIC surveillance, Calibre Investments Pty Ltd will implement changes to the way it offers FX services to retail clients. The move is part of ASIC’s crackdown on the FX industry which has resulted in a number of ...
Shanghai Composite Index Breaks 3,000 for First Time Since 2011
December 8th, 2014
China’s Shanghai Composite Index surpassed 3,000 for the first time since 2011 and a gauge of the nation’s biggest companies headed for a record winning streak on optimism shares will extend their world-beating rally. Citic Securities Co. and Haitong Securities Co., ...
How Did Germany Limit Unemployment in the Recession?
December 8th, 2014
Here’s a puzzle: During the Great Recession, the total contraction in economic output was noticeably larger in Germany than in the United States, but the rise in the unemployment rate was noticeably higher in the United States than in ...
