Search Results for: Election Day
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
IMF throws Ukraine financial lifeline, Russian economy to slump
March 27th, 2014
Ukraine won a $27-billion international financial lifeline on Thursday, rushed through in the wake of Russia’s annexation of Crimea, as Moscow’s economy minister spoke of the cost of military action in its former Soviet neighbor. The International Monetary Fund ...
U.K. Treasury Raises 4.2 Billion Pounds in Lloyds Share Sale
March 26th, 2014
The U.K. government sold a 4.2 billion-pound ($6.95 billion) stake in Lloyds Banking Group Plc (LLOY), its second disposal since rescuing the lender in the financial crisis. The government sold the shares to money managers for 75.5 pence apiece, ...
FRB: Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies
March 24th, 2014
Six agencies today issued a proposed rule that would implement minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that serves as an intermediary between appraisers and lenders and provides appraisal ...
Turkey blocks use of Twitter after prime minister attacks social media site
March 21st, 2014
Recep Tayyip Erdoğan threatens to ‘root out’ social media network where wiretapped recordings have been leaked Turkey restricted access to Twitter hours after its prime minister, Recep Tayyip Erdoğan, threatened to “root out” the social media network where wiretapped ...
JPMorgan, HSBC Said Planning to Bid for $4 Billion Saudi IPO
March 20th, 2014
JPMorgan Chase & Co. and HSBC Holdings Plc (HSBA) are among banks planning to compete for a role in the largest Saudi Arabian share sale in at least 12 years, according to five people with knowledge of the matter. ...
Budget 2014: Practitioners expect revenue-raisers
March 19th, 2014
TAX PRACTITIONERS expect plenty of revenue-raising activity in today’s Budget, as the chancellor looks to fund spending giveaways for businesses. Capital allowances for major infrastructure projects, announce more support for flood victims, a VAT zero-rating on supplies for exporters ...
Court declares ruling party candidate El Salvador’s president-elect
March 18th, 2014
An electoral court in El Salvador has declared ruling party candidate Salvador Sanchez Ceren the next president of the country. The election took place last week, but was litigated when Norman Quijano of the right-wing Nationalist Republican Alliance (Arena) ...
Speculators See Gold Gaining With Wheat on Ukraine: Commodities
March 17th, 2014
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities. Speculators have the biggest bet on a ...
Yen Retreats as Russian Stocks Gain After Crimea
March 17th, 2014
The yen fell for the first time in six days against the dollar as a rally in Russian stocks damped concern Crimea’s vote to leave Ukraine will lead to an immediate increase in tensions between Russia and the West. ...
