Search Results for: VAT
Amazon Web Services gets Defense security authorization
March 31st, 2014
Amazon Web Services, Amazon’s cloud services company, has received a security authorization that would allow it to work with all agencies within the Defense Department, the company announced last week. The new authorization — under the department’s cloud security ...
US stock market is rigged by high-speed traders
March 31st, 2014
The US stock market is rigged in favour of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to the acclaimed author Michael Lewis. In his new book Flash Boys: A Wall Street Revolt, ...
Cuba acts to draw more foreign investors
March 31st, 2014
Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino ...
Pakistan’s Musharraf charged with high treason
March 31st, 2014
A court in Pakistan has charged former military ruler Pervez Musharraf with treason, the first army chief to face such a prosecution. Mr Musharraf is accused of unlawfully suspending the constitution and instituting emergency rule in 2007. He pleaded ...
Fixing Finance: Work in Process
March 28th, 2014
Despite the enormous costs that have been wrung out of finance department operations, CFOs have plenty of reasons to push for more process improvement. The cost of finance at the typical large company has plummeted. According to the American ...
European Stocks Fall After Two-Day Rally; H&M, RBS Drop
March 27th, 2014
European shares fell, halting a two-day rally, on concern that the crisis in Ukraine may escalate. U.S. stock-index futures and Asian shares rose. Hennes & Mauritz AB fell 2.9 percent after reporting quarterly profit that missed analysts’ estimates. Royal ...
Reserve Bank of New Zealand: Coordination of Monetary and Macro-Prudential Policies
March 27th, 2014
The Reserve Bank of New Zealand, sees a case to coordinate its monetary and macro-prudential policies, such as loan to value ratios, when the effects of those policies overlap, Deputy Governor Grant Spencer says in a speech today to ...
SEC Probes Threat From Cyber Attacks Against Wall Street
March 27th, 2014
The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability. The SEC held a roundtable discussion of those risks ...
Citic Pacific Said to Plan About $4 Billion Share Sale to Public
March 27th, 2014
Citic Pacific Ltd. plans to sell about $4 billion of shares to restore its public float after absorbing assets from state-owned parent Citic Group Corp., people with knowledge of the matter said. Citic Pacific may approach sovereign wealth funds ...
Why Companies Suffer Large, Unexpected Credit Losses
March 26th, 2014
For companies that sell business-to-business products and services, many things can contribute to a company incurring a loss from a bad debt. The most important factor is probably the quality of the organization’s finance and credit management process. But ...
