Search Results for: ESMA
Canadian corporate tax attracts U.S. companies
August 26th, 2014
Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches of the Internal Revenue Service. It’s “not fair” ...
Brent Extends Drop as Mideast Oil Supply Stays Safe; WTI Steady
August 25th, 2014
Brent fell for a second day amid speculation that turmoil across the Middle East won’t threaten crude supplies. West Texas Intermediate was steady in New York after a technical issue disrupted electronic trading. “The region is in chaos but ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
U.S. Stocks Up on Ukraine Talks
August 19th, 2014
U.S. stocks rose, with the Nasdaq Composite Index climbing to a 14-year high, as tensions eased over global conflicts. Dollar General Corp. rallied on merger activity. Ukrainian Foreign Minister Pavlo Klimkin met his Russian counterpart Sergei Lavrov for more ...
Serious Fraud Office probes banks’ loan schemes
August 18th, 2014
The Serious Fraud Office is looking into allegations of high street banks misusing government schemes designed to boost lending to small businesses, the Times reported on Sunday. The Times reported that the UK’s main anti-fraud agency is investigating banks’ ...
Scottish independence: Report claims UK oil forecasts ‘too pessimistic’
August 18th, 2014
Future North Sea oil and gas revenues could be six times higher than a UK economic watchdog has forecast, according to a report. The claim was made by N-56, which describes itself as an “apolitical business organisation”. The Scottish ...
Anti-Terrorism Trial of Mideast Bank Worries the Financial World
August 14th, 2014
The judge called it the Beirut account. It was a basic bank account at Arab Bank’s Al-Mazra branch in Beirut, Lebanon, unremarkable except for the name on the account: Osama Hamdan, a spokesman for the terrorist group Hamas. The ...
ExxonMobil’s Russian ‘Cooperation’ in Arctic Despite Sanctions
August 12th, 2014
Despite sanctions from the West on Russian oil companies, President Vladimir Putin is praising ExxonMobil as a potential cooperator to begin an oil drill project in the Arctic. “Today, commercial success is driven by efficient international cooperation,” Putin told ...
GSK-linked investigators stand trial in China – closely watched case
August 8th, 2014
A British investigator and his American wife will stand trial in Shanghai on Friday in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc. Peter Humphrey and his colleague and wife Yu Yingzeng, who ...
Technical Analysis Gold – Rallies to Two Week High Above $1310
August 8th, 2014
Technical Analysis for Gold for Friday, August 8, 2014 In recent hours, gold has been trading in a small trading range between $1311 and $1313 after moving up well in the last 48 hours or so. In that time ...
