Search Results for: EU
Low oil prices influence Russia’s economy
October 8th, 2014
Falling oil prices are inflicting deeper economic pain on Russia’s economy, which is already reeling from EU and U.S. sanctions. Russia’s economy has become more dependent on oil to meet its budget commitments. Excluding oil revenue, Russia has run ...
Earnings season begins with dollar in spotlight
October 8th, 2014
The bar is low for earnings season, with a strong dollar and slowing global growth. The third-quarter earnings season kicks off on Wall Street Wednesday with the bar set low due to analysts slashing profit forecasts — but also ...
China opts for currency push
October 8th, 2014
Asia giant wants to make the renminbi part of an ubiquitous monetary unit used in official transactions around the world. China is bidding to enter the heart of global finance by establishing its currency, the renminbi, as part of ...
HMRC hails VAT ruling against university
October 7th, 2014
HMRC has welcomed the Upper Tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes. The Upper Tribunal allowed HMRC’s appeal against a First-tier Tribunal decision that a leasing scheme did not constitute an “abuse of ...
FXTM offers new trading instruments
October 7th, 2014
Forex Time (FXTM) has announced its upgrading list of financial instruments that offers to its clients. FXTM now provides more currency pairs to boost diversification in the forex market and additional opportunities to trade spot metals paired with major ...
Central Asia Rues Dependency On Russian Fuel
October 7th, 2014
Weak links in Russia’s petroleum-refinery network and the Kremlin’s power play in Ukraine are shortchanging Central Asian petrol markets, importers complain. With alternatives expensive or unfeasible, and regional refining capacity severely limited, local energy executives are ruing Moscow’s traditional ...
Soybeans Steady at $9.76 after Rising Reserves
October 7th, 2014
Soybeans retreated after posting the biggest jump in more than a year as separate surveys showed that world inventories and U.S. crops may be bigger than estimated by the Department of Agriculture last month. The contract for November delivery ...
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
A.I.G. Bailout, Revisionists’ Version
October 7th, 2014
Maurice R. Greenberg, A.I.G.’s former chief and a large shareholder, has spun a ludicrous tale in court that the bailout of the insurer was unfair to its investors. Was the bailout of the American International Group by the government ...
Cybersecurity training ‘essential’ for lawyers
October 7th, 2014
Government urges lawyers and accountants to develop skills to defeat computer attacks. Solicitors urgently need to develop skills to protect their clients and themselves from cyber attacks, urges the government and Law Society. They are to make available a ...
