Search Results for: ELA
Former director jailed in misappropriate investor funds case
May 15th, 2017
Mr Gavin Keith Hyland has been convicted in the Brisbane District Court on two counts of dishonestly using his position to misappropriate investor funds. In relation to the first count, Mr Hyland was sentenced to two years imprisonment and ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
How money is created
May 13th, 2017
How money is created Since the Eurosystem launched its accommodative non-standard monetary policy measures, the central bank reserves of commercial banks in the euro area have gone up sharply, more than seven-fold within a period of not quite ten ...
EU raises eurozone growth forecasts
May 12th, 2017
Economic growth in the eurozone this year should be a bit better than previously forecast according to the latest outlook unveiled by EU Economic and Financial Affairs Commissioner Pierre Moscovici. Gross domestic product for the 19-country bloc is expected ...
Smirnoff owner Diageo to pay HMRC £107m in ‘Google tax’ crackdown
May 12th, 2017
Drinks company will challenge HMRC claim for tax and interest over ‘diverted profits’ Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals. The FTSE 100 ...
International law firm former partner Charged in $1 Million insider trading scheme
May 12th, 2017
The Securities and Exchange Commission today charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. ...
Deutsche Börse expands offering for start-ups
May 12th, 2017
Deutsche Börse Venture Network is expanding its offering and opening up for early stage start-ups in the early stage that have already closed an initial seed financing round and meet the necessary criteria. The platform, which currently brings together ...
PwC fined £5m for misconduct in company’s audit
May 12th, 2017
PwC LLP and Stephen Harrison fined for Misconduct in relation to Connaught plc PwC and Stephen Harrison, a retired PwC audit partner, have been severely reprimanded and fined £5m and £150,000 respectively for Misconduct in relation to the 2009 audit ...
Uber is a transportation service and could need new licenses in Europe, top court advisor says
May 11th, 2017
Uber suffered a setback Thursday with an advisor to Europe’s top court stating that the ride-hailing app is providing transportation services, and not merely connecting drivers to passengers via technology which the U.S. firm which has previously argued. “The ...
