Search Results for: European Union
Iran begins oil cooperation talks with US, Canada
April 28th, 2016
Tehran has entered into talks with the US and Canada to agree on selling petrochemicals, buying new technologies in the oil industry and also to discuss investments in Iran’s oil and gas sector, Iranian media reported yesterday. Iran’s Foreign ...
Eurostat released employment rate of people aged 20 to 64 in the EU
April 26th, 2016
Employment rate of people aged 20 to 64 in the EU above 70% in 2015 New peaks for women and those aged 55-64 In 2015, the employment rate of the population aged 20 to 64 in the European Union (EU) ...
Gramegna Confirms Luxembourg Corporate Tax Cut
April 26th, 2016
Luxembourg Finance Minister Pierre Gramegna confirmed to parliament on April 21 that the Government will gradually reduce the rate of Luxembourg’s corporate tax, but proposed restrictions to loss rules have been tweaked. Reaffirming plans first announced by the Government ...
FTSE 100 in the red as mining shares slump
April 25th, 2016
U.K. shares swung lower Monday, with mining shares struggling at the start of the new trading week. The FTSE 100 UKX, -0.66% fell 0.8% to 6,258.28. All sectors declined, led by the basic materials and oil groups. The blue-chips index on Friday dropped ...
Bank of Israel keeps the interest rate for May 2016 unchanged at 0.1 percent
April 25th, 2016
Inflation data: The Consumer Price Index for March declined by 0.2 percent, a slightly greater decline than the average of forecasters’ predictions for a decline of 0.1 percent. There was a seasonal price decline of 3.9 percent in the fruit ...
Asian Stocks Retreat as Oil Falls With Copper; Yen Strengthens
April 25th, 2016
Japanese currency advances after steepest drop since 2014 Crude retreats from five-month high; British pound gains Asian shares were set for the first back-to-back declines in a month as commodities prices retreated and the yen strengthened, reflecting investor caution ...
Russian Official Calls for Criminal Liability for Bitcoin
April 21st, 2016
Russia’s Investigative Committee Chairman Alexander Bastrykin has, once again, opined that virtual and cryptocurrencies like Bitcoin are money substitutes or surrogates that need to be outlawed. He also claimed that virtual currencies are “often used” for the financing of ...
EU charges Google with abusing market dominance of Android
April 21st, 2016
Google found itself under fire again on Wednesday from EU antitrust regulators who say it abused the dominant position of its Android mobile operating system, a move which could hit a key money-spinner for the company. The charges by ...
New Treasury report claims lawyers will be worse off as result of Brexit
April 21st, 2016
A new report issued by the Treasury has claimed lawyers and other professional services will be worse off if Britain leaves the European Union (EU) because of a reduction in access to the single market. The 200-page document, titled ...
Greece To Hike VAT To 24 Percent
April 20th, 2016
Greece has agreed to raise its value-added tax rate to 24 percent from July 1, 2016. The hike will push Greece’s headline rate closer to the highest value-added tax rate in the European Union, that of Hungary’s, at 25 ...