UK interest rate could settle at 3%
May 26th, 2014
The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted. Charlie Bean suggested it was likely to reach that level between 2017 ...
Corporate tax rates table
May 16th, 2014
The following table indicates all corporate tax rates in percentage for a number of countries worldwide. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Country % % % % % % % % % % Afghanistan ...
Bitcoin consumer platform debuts at Circle
May 16th, 2014
Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in any amount they choose and then use that Bitcoin to spend on online shopping, at restaurants and ...
Bitcoin’s Intergration to PayPal is under consideration
May 15th, 2014
John Donahoe, CEO of ecommerce giant eBay, said he is actively considering an integration of popular digital currency bitcoin with the company’s payment processing service PayPal. In a Q&A session at the company’s annual shareholder meeting on 13 May, ...
Payday Lending: Fixing a broken market
May 13th, 2014
ACCA (the Association of Chartered Certified Accountants) has launched a unique report on payday lending looking specifically at its business model. Called Payday lending: fixing a broken market, the authors Sarah Beddows, an independent consultant, and Mick McAteer from ...
Old, Fired at IBM: Trendsetter Offers Workers Arbitration
May 12th, 2014
For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age-discrimination claims and also included a page listing the job titles and ages of workers being let ...
Bitstamp Agrees to Implement $5 Minimum Trade Size
May 12th, 2014
Bitstamp has agreed to implement a minimum trade value of $5 following allegations by a Bitcoin trader of an “exploit” in their fee structure. The change will be effective May 15. The trader contended as follows: Bitstamp claims to ...
Australian GMO ‘Contamination’ Case Could Have International Repercussions
May 9th, 2014
Australian farmers Steve Marsh and Mick Baxter grew up together, were once schoolmates, and have grown crops on their neighboring farms for years. But the emergence of GMO technology has driven a wedge between the long-time friends, leaving them ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...
U.S. Stocks Fluctuate as Tech Shares Slide, Tesla Drops
May 8th, 2014
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. and Priceline Group Inc. slumped. The S&P 500 (SPX) fell ...
