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The fiscal benefits of free trade

August 18th, 2017 (0)
  The fiscal benefits of free trade Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all ...

Uber investor sues Uber’s former chief executive for fraud

August 11th, 2017 (0)
Travis Kalanick, who built Uber into a transportation behemoth, was ousted as chief executive of the ride-hailing company in June by unhappy investors. Now, one of those investors has escalated the battle by suing Mr. Kalanick, claiming fraud and ...

Stocks, dollar extend slide as U.S., North Korea tensions intensify

August 11th, 2017 (0)
Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries. Wall Street closed ...

Bitcoin sets fresh record above $3,500; ether trades higher

August 9th, 2017 (0)
Bitcoin traded higher on Tuesday, carving out a fresh record above $3,500 and reaching a market value approaching $60 billion at its best levels. A single bitcoin BTCUSD, -1.78% most recently was trading at $3,477.93, up 0.5%, touching an ...

Toyota and Mazda Motor to build a $1.6 billion assembly plant in U.S.

August 4th, 2017 (0)
Toyota Motor (TM, -1.28%) and rival Mazda Motor (MZDAY, +4.48%) are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said. ...

UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months

August 4th, 2017 (0)
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...

Global law firm reveals FY17 results; Record global revenues

August 2nd, 2017 (0)
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published:  Baker McKenzie, the leading global law firm, has announced ...

China says will persist with crackdown on forex irregularities

July 28th, 2017 (0)
China will maintain a crack down on forex irregularities to ensure stability in the currency market and the broader economy, the country’s forex regulator said on Friday, in a sign Beijing will continue to keep a tight leash on ...

Ukraine withdraws PwC bank audit licence over $5.5bn hole at PrivatBank

July 21st, 2017 (0)
Ukraine’s central bank said on July 20 that it had withdrawn the bank auditing rights of PwC after the international accounting firm failed to identify alleged improprieties that led to a $5.5bn capital shortfall at the country’s largest lender ...

How can the Fed possibly unwind QE?

July 21st, 2017 (0)
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the Fed’s balance sheet, which has expanded since the great financial ...
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