Search Results for: CIF
China’s biggest tax reform for 20 years set to buoy growth
April 22nd, 2016
China’s biggest tax overhaul in more than two decades starts on May 1, with changes set to reduce the burden on services companies and encourage factories to upgrade and innovate. Under the new system, taxes in the construction, property, finance and ...
Ryan Air to Cut Summer Flights to Greece because of new taxes
April 22nd, 2016
Ryan Air is cutting summer season flights to Greece two months early because the Greek government has not answered to his proposals, said the low cost airline Chief Commercial Officer David O’Brien. O’Brien spoke to the Sunday edition of ...
International law firm appoints 24 New Partners
April 22nd, 2016
Leading international law firm, Clifford Chance has today announced the promotion of 24 lawyers to its partnership. The new partners are drawn from all of the firm’s market-leading practices and reflect the range and depth of the firm’s capability ...
Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen
April 22nd, 2016
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
Eurex and Korea Exchange extend cooperation
April 21st, 2016
Eurex, one of the world’s leading derivatives exchanges and part of Deutsche Börse Group, and Korea Exchange (KRX) today signed a contract in KRX’s Seoul Office to extend their cooperation by listing Mini KOSPI 200 index futures during Eurex ...
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 ...
‘Bitcoin is dead,’ says prominent fintech exec
April 21st, 2016
Exactly three months ago, a well-known bitcoin developer, Mike Hearn, wrote a post on Medium that rocked the community of people who believe in the future of the digital currency and its technology. Bitcoin, he wrote, has failed. “It has failed ...
Digital Asset Holdings announces acquisition of Swiss-based technology company Elevence
April 21st, 2016
Digital Asset Holdings (Digital Asset), a developer of distributed ledger technology for the financial services industry, today announced that it has acquired Zurich-based Elevence Digital Finance AG (Elevence), a technology firm that has developed an expressive language for financial ...
Thomson Reuters Enhances Liquidity Access for FX Market Participants with New Regional Data Centers
April 20th, 2016
Additional data centers in New York, London and Tokyo provide improved pricing, market access and workflow for FX market participants across the globe Recognizing the need for FX traders to have efficient access to the best pricing capabilities and ...
Global law firm announces record number of partner promotions
April 20th, 2016
Global law firm Clyde & Co today announced the promotion of a record 16 new partners across its international network. This is an increase on last year, which reflects the firm’s strong financial performance and continued growth. This latest ...
