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Asia Stocks Slide as Russia’s Micex Drops on Ukraine

April 25th, 2014 (0)
Asian stocks fell, with the regional benchmark index heading toward a weekly loss. Russian shares fell a fifth day, wheat climbed and nickel pared the biggest monthly advance since 2012 as the U.S. warned Russia of an “expensive mistake” ...

Anglo Irish Liquidator Seeks to Sell $19 Billion in Loans

April 24th, 2014 (0)
Irish Bank Resolution Corp., formed to complete the liquidation of Anglo Irish Bank Corp., asked a U.S. bankruptcy judge to approve the sale of loans with nominal balances totaling more than $19 billion. The proposed purchasers of the U.S. ...

Japan Ship Firm Mitsui OSK Lines Pays $39 million To China After Seizure: Media

April 24th, 2014 (0)
Update, 10 p.m.: A Chinese court said on Thursday that it has released a ship owned by Japanese shipping firm Mitsui OSK Lines Ltd., which had been seized in a contract dispute, after the Japanese firm paid up. China’s ...

Delinquent IRS employees paid bonuses by the agency

April 23rd, 2014 (0)
The IRS was in damage control mode Tuesday after an audit revealed that it paid bonuses to employees who were in trouble over tax issues themselves. More than $2.8 million, plus thousands of hours of paid time-off, were doled ...

Toyota Beats General Motors And Volkswagen In Q1 Sales to Retain Title Of Top-Selling Car Manufacturer

April 23rd, 2014 (0)
Toyota Motor Corp. (TYO:7203) sold more cars than any other global car maker in the first quarter of 2014 to retain the title of the world’s top-selling car manufacturer. The Japanese automaker said Wednesday that it sold 2.583 million ...

The First National Bank of Facebook

April 23rd, 2014 (0)
The company that rebranded the word “friend” may soon take up a more ambitious makeover: the word “bank.” Facebook Inc. is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange ...

FCA appoints two new senior advisers focused on competition and investment banking

April 23rd, 2014 (0)
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...

HMRC to demystify VAT place of supply rule changes

April 23rd, 2014 (0)
Freelancers and other VAT-registered providers of internet or broadcasting services to consumers in the EU are being invited to get official guidance on how new rules from January will impact them. In an open invitation to all affected businesses, ...

Russian Companies Shrug Off US Sanctions – For Now

April 23rd, 2014 (0)
Soon after U.S. sanctions targeting members of President Vladimir Putin’s inner circle were announced last month, Olga Promptova, a Russian business owner, received a message from a German client who was worried about the delivery of her Russian-made clothing. ...

Google’s Stake in $2 Billion Apple-Samsung Trial Revealed

April 23rd, 2014 (0)
Google Inc. (GOOG)’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. (005930) against some of Apple Inc. (AAPL)’s patent claims. ...
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