Search Results for: EU
Nevada lawmakers consider $1.3 billion in tax breaks for electric car maker
September 12th, 2014
Nevada lawmakers on Thursday approved a package of bills to provide $1.3 billion in tax breaks and other incentives for Tesla Motors, clinching a deal for the electric car company to build a massive factory in the state. “This ...
Wall Street watchdog to pick insider as arbitration head
September 12th, 2014
The Financial Industry Regulatory Authority has narrowed its search for a new head of its arbitration unit to two of its own long-time officials, according to a person familiar with the matter. FINRA, Wall Street’s industry-funded watchdog, will replace ...
Mexican companies sue Yahoo, law firm charge conspiracy to avoid $2.7 billion judgment
September 12th, 2014
Two Mexican companies have sued Yahoo! Inc (YHOO.O) and law firm Baker & McKenzie in New York federal court, accusing them of engineering a conspiracy to avoid a $2.7 billion judgment issued by a Mexico court in 2012. In ...
Argentina’s Congress passes debt restructuring law
September 11th, 2014
Argentina’s Congress gave final approval on Thursday to a law proposing to restructure the country’s debt to skirt a U.S. court ruling that forced it into its second default in 12 years. The debt restructuring plan aims to enable ...
Russian Oil Exploration Could Be Next on West’s Hit List
September 11th, 2014
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world’s largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government sources said. The planned sanctions over Russia’s ...
Gender inequality in accounting
September 11th, 2014
More than half of UK accountants consider men and women to have equal opportunities in the workplace, according to a survey by CareersinAudit.com. However, a significant chunk of the 300 accountants surveyed – 38.7% – still think that men ...
PwC to face U.S. lawsuit over Colonial Bank collapse
September 11th, 2014
Accounting firms PricewaterhouseCoopers and Crowe Horwath must face a lawsuit accusing them of professional malpractice and breach of contract for not catching a fraud that led to the 2009 collapse of Colonial Bank, a federal judge has ruled. Filed ...
Senators urge Burger King to ditch move to Canada
September 11th, 2014
A group of U.S. senators wants Burger King Worldwide (BKW.N) to scrap its plans to invert, or move its tax domicile to Canada, as part of a deal to buy coffee and donut chain Tim Hortons Inc. (THI.TO) Burger King ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Coinbase Extends Bitcoin Access to International Customers
September 11th, 2014
Coinbase is taking its Bitcoin services to Europe in a move that could help expand the virtual currency’s reach. The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European ...
