Search Results for: Euro area
PwC’s business recovery services team appoints four new partners
July 18th, 2016
PwC’s business recovery services team has appointed four new partners across its London and regional practice, bringing its total number of partners to 51. Mike Moffett has been appointed as a partner in the operational restructuring team, which collaborates with ...
Global law firm is expanding its EU presence with the opening of a third office in Germany
July 18th, 2016
Global law firm K&L Gates LLP is expanding its European presence with the opening of a Munich office, the firm’s third office in Germany (along with Berlin and Frankfurt) and 46th worldwide, with the hire of investment management partner Dr. Hilger von ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
Immigration lawyers comment about how Brexit affecting them
July 14th, 2016
Nearly three weeks on from the unexpected referendum result, the world is still fascinated by what a vote to leave the EU means for the big wide world of commercial law. The details of what a post-Brexit City of ...
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
International law firm Taylor Wessing announced global revenues increase
July 8th, 2016
International law firm Taylor Wessing has today announced a 4.4% increase in UK revenues to £126.6m. Global revenues have also increased to £254.5m at constant exchange rates. In addition, the firm has reported an increase in UK PEP, up from ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
VW Will Spend $14.7 Billion to Settle emissions scandal;the largest settlement ever paid by an automaker
July 7th, 2016
Volkswagen will spend $10 billion on affected car buybacks, $4.7 billion to “mitigate pollution” in the TDI emissions settlement. The estimated cost of Volkswagen’s U.S. diesel emissions cheating just rose by half—to nearly $15 billion, the largest settlement ever paid by ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
