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Clashes with Russia point to globalization’s end

August 4th, 2014 (0)
As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly ...

Will Europe start to lend again?

August 4th, 2014 (0)
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is to restore confidence in the euro zone’s banks, battered by ...

Russian Carrier to Suspend Flights due to European sanctions

August 4th, 2014 (0)
Sanctions imposed on Russia by the European Union have led the Russian state carrier Aeroflot to suspend all flights according to its announcement on Sunday. The sanctions, announced on Tuesday, said the subsidiary, Dobrolet, “facilitates the integration of the ...

Portugal will finance $6.6 billion to rescue Banco Espirito Santo

August 4th, 2014 (0)
It was a few months ago that Lisbon has exited an international bailout and now Portugal is planning to spend 4.9 billion euros in order to rescue Banco Espirito Santo its largest listed bank. The situation is definitely putting ...

Corporation tax and CGT

August 1st, 2014 (0)
Summarize of the key measures in Finance Act 2014, Andrew Goodall sets out the main corporation tax and capital gains tax provisions in part one of the act. Corporation tax Rates Finance Act 2013 fixed the main rate for ...

ICE Benchmark Administration Launches Error Policy Market Consultation

August 1st, 2014 (0)
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that ICE Benchmark Administration (IBA) is today launching a paper for consultation on a policy to provide transparency in the event that an error is ...

India to face a new technique for gold

August 1st, 2014 (0)
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world’s second-biggest buyer. India — whose appetite for gold is only ...

Can Investment Save Europe?

August 1st, 2014 (0)
Economic growth in Europe remains disappointing. Virtually all European Union members are expected to post higher output in 2014; but, according to the International Monetary Fund’s latest projections, the average growth rate in the eurozone will barely exceed 1%. ...

Microsoft must provide foreign customer’s e-mails

August 1st, 2014 (0)
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...

Dollar heads for third weekly gain on economic outlook

August 1st, 2014 (0)
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
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