Search Results for: VAT
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...
Andy Coulson guilty over phone hacking as Rebekah Brooks walks free
June 24th, 2014
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. Rebekah Brooks, his predecessor in the job, walked free from ...
Rule Field Test Foretells Crunch in Closing the Audit
June 24th, 2014
Field testing of a proposed expansion of the auditor’s report suggests the new requirements will produce a new crunch in the closing phase of the audit, and auditors will need some additional guidance to assure they focus on the ...
Hong Kong Stocks Climb From Biggest Drop in Three Months
June 24th, 2014
Hong Kong stocks gained, with the city’s benchmark index rebounding after falling the most in three months yesterday, as consumer and technology shares rose. China Resources Enterprise Ltd. gained 2.4 percent, with the retailer and brewer leading the Hang ...
The Case of the Missing White-Collar Criminal
June 23rd, 2014
The senior executives who played leading roles in the 2008 financial crisis can breathe a sigh of relief: If any committed crimes, the statute of limitations will run out for most of them this year. It’s safe to say ...
Hedge-Fund Hack Part of Bigger Siege: Cyber-Experts
June 23rd, 2014
The attack on a U.S. hedge fund’s network, which a cybersecurity contractor said last week disrupted the firm’s high-speed trading and stole its data, is but one among many. That is the assessment of more than a half-dozen computer ...
US court rejects Gemalto’s Android patent lawsuit
June 20th, 2014
Gemalto NV, the French digital security company, said on Friday that the US Court of Appeals for the Federal Circuit rejected its patent claim relating to the Android smart phone operating platform. Gemalto, which makes smart cards, filed a ...
Bristol financial controller jailed for fraud
June 19th, 2014
The Western Daily Press and Bristol Post reported that Neil Gover was sentenced to 20 months’ imprisonment at Bristol Crown Court, after he pleaded guilty to fraud by abuse of position. Gover’s fraud was discovered by the owner of ...
European Stocks rise as Fed Signals Support Amid Recovery
June 19th, 2014
European stocks rose after the Federal Reserve repeated its pledge to leave interest rates near their record low and said the world’s largest economy should experience sustained growth. U.S. stock futures were little changed, while Asian shares rallied. Rolls-Royce ...
China Blocks European Shipping Pact, Sending Maersk Down
June 18th, 2014
A.P. Moeller-Maersk A/S (MAERSKB) said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators unexpectedly blocked formation of a global shipping alliance. “We have different tools in our toolbox ...