Search Results for: ESMA
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
Scientists estimated that VW’s emissions cheating will lead to some 1,200 premature deaths in Europe
May 4th, 2017
Scientists are working on an assessment of the health impact of excess emissions from diesel cars in Europe in the wake of the Dieselgate scandal. The assessment is a follow-up to a study published last March, in which it ...
Puerto Rico Has Filed for the Biggest-Ever U.S. Local Government Bankruptcy
May 4th, 2017
Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. While it was not immediately clear just how much of ...
Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR
May 3rd, 2017
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...
Athens agrees more austerity measures to secure bailout
May 2nd, 2017
The Greek government has agreed to impose more taxes and pension cuts on its citizens in order to pave the way for long-awaited debt relief talks with international creditors. “The negotiations for a technical deal were concluded on all ...
HMRC raids two popular football clubs in UK in tax fraud allegations; Reports for arrests
April 27th, 2017
HMRC officials went to St James’ Park, where Newcastle have been celebrating a move back up to the Premiership, and also to the former Olympic stadium which is now home to the Hammers. There have been reports that the ...
Toshiba Is Replacing Its Auditor PwC Over Irreconcilable Differences
April 26th, 2017
Toshiba Corp (TOSBF, +1.24%) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
Auckland-based Forex broker collapsed leaving customers facing “significant” losses
April 12th, 2017
An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing “significant” losses. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland’s Queen Street. Companies Office ...
Dollar slips vs yen after U.S. launches missile strikes on Syria
April 7th, 2017
The dollar skidded against the safe-haven Japanese yen on Friday after the United States launched cruise missiles at an airbase in Syria, raising concerns of a sharp escalation in the Syrian civil war. U.S President Donald Trump said on ...
