Search Results for: EU Court
bwin.party:Pre Close Trading Update
January 5th, 2016
Q4 net revenue up 5% on last year driven by sports betting and casino, with strong growth in mobile driven by further product enhancements. Excluding the impact of EU VAT, the underlying increase in net revenue was 8%. Continued ...
Cyprus: Haircut battle due to kick off within weeks
January 4th, 2016
A GRAND Chamber comprising 15 judges of the European Court of Justice (ECJ) will hear a number of appeals brought by Cypriot bank depositors, who lost their money in the March 2013 ‘haircut’ against the European Commission and the ...
Facebook class action lawsuits to go ahead
December 30th, 2015
Two US class action lawsuits against Facebook by shareholders alleging it hid growth concerns ahead of its 2012 public listing can now go ahead. A federal judge certified the legal proceedings, Reuters reports, saying investors who claim they lost ...
Seven big investment banks in UK paid just $30 million tax in 2014
December 29th, 2015
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows. In recent months, the seven investment and ...
Cisco wins U.S. patent dispute over wifi technology
December 29th, 2015
Cisco Systems Inc did not infringe a patent holding company’s wifi technology, a U.S. appeals court ruled on Monday, reversing a near $64-million judgment against the networking equipment maker in the long-running patent dispute. After eight years of litigation ...
Commerzbank sues BNY Mellon, Wells Fargo, HSBC over mortgage losses
December 28th, 2015
Commerzbank AG has sued four banks in the United States, claiming that they failed to properly monitor billions of dollars in toxic mortgage-backed securities acquired by the German lender before the 2008 financial crisis. Bank of New York Mellon ...
11 Bitcoin Startups That Went Bust in 2015
December 28th, 2015
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
Greece: Brussels demands changes in shipping taxation
December 22nd, 2015
The European Commission has called for a radical change in the way shipping firms are taxed in Greece. On Monday Brussels sent a series of proposals to Athens that Greece is expected to adopt so that the country’s law ...
Google under scrutiny over lobbying influence on Congress and White House
December 18th, 2015
Concerns grow after disclosure Google enlisted US politicians to pressure EU brought attention to tech giant’s close relationship with Washington politicians. Google has made political donations to 162 members of the US Congress in the latest election cycle, figures show, as ...
IMF head Lagarde to face French trial over Tapie affair
December 18th, 2015
Christine Lagarde accused of negligence over €400m payout to businessman Bernard Tapie, who supported Nicolas Sarkozy in 2007 presidential race. Christine Lagarde, managing director of the International Monetary Fund, is tostand trial in France over a multimillion-euro government payment to ...
