Search Results for: EC
Ukraine refuses Russian demand for advance gas payment
May 9th, 2014
Ukraine will not pay in advance for Russian gas at Gazprom’s new, higher price, the Ukrainian Energy Minister Yuriy Prodan has said. Russia made the demand after saying Ukraine had failed to pay the bill for its April natural ...
Vodafone seeks arbitration over Indian tax dispute
May 9th, 2014
Vodafone is to seek international arbitration in a bid to resolve an historic dispute with the Indian government. The dispute is rooted in Vodafone’s acquisition of Hutchison Whampoa’s Indian mobile assets for $11.2bn (£6.5bn). The Indian authorities had argued ...
Co-op Group’s stake in Co-op Bank set to fall
May 9th, 2014
The Co-operative Group is set to see its 30% stake in the Co-op Bank reduced further under a plan to shore-up the bank’s finances. As a result, a group of investors who injected almost £1bn into the bank last ...
USD/JPY consolidates at 101.62
May 9th, 2014
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, there is a chance that eventually the bulls are going ...
EUR/USD bounced off 1.3958
May 9th, 2014
Pair’s Outlook Soon after touching upon the up-trend resistance and monthly R1 at 1.3958 EUR/USD came under strong selling pressure, which returned the currency pair back below 1.39. Now the exchange rate is attempting to stabilise at 1.3845/29 (weekly ...
Yen at 85 Seen by Tokai Predicting BOJ Policy Miss: Japan Credit
May 9th, 2014
The Bank of Japan’s failure to achieve its inflation target will see the yen rebound to the highest since 2012, reversing the results of its unprecedented stimulus, according to Tokai Tokyo Securities Co. The currency will strengthen beyond 85 ...
European Stock-Index Futures Little Changed Amid Earnings
May 9th, 2014
European stock-index futures were little changed, after the Stoxx Europe 600 Index climbed yesterday to its highest level in more than six years, as investors weighed corporate earnings. U.S. index futures and Asian shares were also little changed. Publicis ...
Euro Drops From 2 1/2-Year High as Draghi Hints at June Action
May 8th, 2014
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in June if needed. The common currency dropped versus all except ...
Did Putin Just Blink?
May 8th, 2014
Russian President Vladimir Putin has made an art of keeping his detractors off-balance from the start of the crisis in Ukraine. Today, he had even pro-Russian separatists lost for words when he called on them to postpone a May ...
What to Do If You Forgot to Pay Taxes
May 8th, 2014
The IRS got more than 131 million tax returns last month. Was yours one of them? If you forgot, or didn’t file for some other reason, it’s a mistake to do nothing and hope the tax authorities look the ...
