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Investors Cheer Portuguese Bank Rescue

August 4th, 2014 (0)
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...

Vodafone wins VAT rebate appeal

August 4th, 2014 (0)
Vodafone is entitled to reclaim £4.1m in VAT, a tribunal has ruled, after the mobile phone operator paid too much VAT after using a loyalty scheme to rewards its customers. Vodafone argued that that it should have reduced its ...

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 ...

Study Compares Tax Freedom Day Across The EU

August 4th, 2014 (0)
The Institut Économique Molinari (IEM), which is located in Brussels, based its assessment on data from EY. The think-tank found that tax freedom day – the notional day when taxpayers’ income stops funding state expenditure and is received entirely ...

China regulator says Microsoft should not obstruct anti-trust probe

August 4th, 2014 (0)
Microsoft Corp (MSFT.O) should not obstruct an anti-trust investigation by Chinese regulators, the State Administration for Industry and Commerce (SAIC) said on Monday, the latest shot fired by China’s government at the U.S. software giant. The SAIC has questioned ...

Euro Near Eight-Month Low as Short Bets Surge

August 4th, 2014 (0)
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...

Technical Analysis GBP/USD targets monthly S1

August 4th, 2014 (0)
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling. If this tendency continues, the support at ...

Tokyo Police to launch Investigation into Missing Mt. Gox Bitcoin

August 4th, 2014 (0)
The Tokyo Metropolitan Police Department has launched an official investigation into possible illicit activity surrounding the closure of Japan-based bitcoin exchange Mt. Gox. The news comes roughly five months after the bitcoin exchange reported it lost roughly 744,400 BTC ...

SEC Seeks $1.41 Billion from Wyly Brothers For Fraud

August 4th, 2014 (0)
The Securities and Exchange Commission is seeking damages totaling $1.41 billion from Texas tycoon Sam Wyly and the estate of his late brother Charles for their role in a plan to conceal trades in companies they controlled by using ...

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 ...
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