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Tax Breaks introduced for Russia-China Gas Deal

July 28th, 2014 (0)
Following a major 30-year gas supply deal signed by the Russia and China on May 21, 2014, the two countries are discussing the introduction of tax breaks on both sides of the border. Gazprom, Russia’s state-owned gas company, signed an agreement ...

Pfizer’s need for deal appears larger with earnings report

July 28th, 2014 (0)
Pfizer Inc’s vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports quarterly earnings, reviving interest in its pursuit of AstraZeneca Plc or other deals to fortify its pipeline. ...

Catalunya Banc gets advise from Bakers and Garrigues on €1.2bn sale to BBVA

July 28th, 2014 (0)
Baker & McKenzie has advised state-owned Spanish lender Catalunya Banc on its sale to Banco Bilbao Vizcaya Argentaria (BBVA) for €1.2bn. BBVA won the mandate to buy the bank in a competitive auction run by the Spanish Bank Resturucturing ...

Oil Mixed With West TX reaching $102

July 28th, 2014 (0)
Brent crude oil reversed losses jumping back above $108 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market. A Russian security official ...

Tax fraud in Catalonia advances talks

July 28th, 2014 (0)
Jordi Pujol, the patriarch of Catalan politics, has admitted conducting tax fraud by hiding money offshore. Mr. Pujol, 84, founded Catalonia’s governing party, Convergence, and was its leader from 1980 to 2003. During that period, he acted as a ...

Oil and Gas Drilling in Britain will expand

July 28th, 2014 (0)
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...

Microsoft’s Xbox One in China to be sold from JD.com

July 28th, 2014 (0)
China’s second-biggest e-commerce company by market share, JD.com Inc, will accept pre-orders for Microsoft Corp’s Xbox One games console in China from July 28 to July 30, the firm said on Monday. The pre-orders will be taken via Tencent Holdings’ ...

JP Morgan questioned on private bank wrongdoing

July 28th, 2014 (0)
JPMorgan Chase & Co (JPM.N) executives came across regulators’ questions on whether private bank advisors guide clients to buy the firm’s own financial products, according to a report in the Wall Street Journal. Following the questioning regarding potential conflicts ...

Asia stocks drop after earnings hurt Wall Street

July 28th, 2014 (0)
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...

Russia is ordered to pay $50 billion in Yukos case

July 28th, 2014 (0)
The Permanent Court of Arbitration in The Hague will announce that Russia has to pay $50 billion to ex-shareholders for the defunct oil company Yukos, according to the Russian business daily Kommersant as cited on its website, referring to ...
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