Search Results for: EU
US Study Compares Worldwide Corporate Tax Rates
August 25th, 2014
The Tax Foundation (TF) has issued a paper which shows how the United States corporate income tax rate, now the highest among the 34 industrialized nations of the Organization for Economic Cooperation and Development (OECD), ranks against all of ...
French economy minister urges alternative to German austerity
August 25th, 2014
The time has come for France to resist Germany’s “obsession” with austerity and promote alternative policies across the euro zone that support household consumption, firebrand French Economy Minister Arnaud Montebourg said on Sunday. Deficit-reduction measures carried out since the ...
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 ...
Draghi rules ECB Action
August 25th, 2014
Inflation expectations have deteriorated across the euro area and signaled policy makers are ready to add fresh monetary stimulus, according to the European Central Bank president, Mario Draghi. Yet officials aren’t finished with measures to stave off Japan-style stagnation. ...
OSB Daily Technical Analysis
August 25th, 2014
OSB Daily Technical Analysis for August 25, 2014 EUR/USD The sell-off in the EUR/USD pair continued on Friday finding support close to 1.3220. Weakness continues and upward moves are most likely to trigger selling pressure. Expect the 1.3330 level to ...
Roche to acquire Drug Maker InterMune for $8.3 Billion
August 25th, 2014
The Swiss drug maker Roche is buying InterMune, a specialist in treatments for breathing diseases, for $8.3 billion, as pharmaceutical firms continue to seek new products to bolster their offerings. The Swiss drug maker Roche agreed on Sunday to ...
Chinese state-owned enterprise investment in Australia
August 25th, 2014
As the negotiation of the Australia–China Free Trade Agreement (FTA) moves into what is hopefully its final phase, there is intense focus on how the investment chapter of the FTA will treat the access of Chinese state-owned enterprises to ...
China Regulators: Qualcomm Seeks to End Antitrust Probe
August 22nd, 2014
U.S. chipmaker Qualcomm Inc is seeking to end an investigation by China’s pricing regulator into monopoly practices, the company said on Friday, expressing its willingness to improve and correct pricing issues according to the regulator. The National Development and ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
Russia’s MTS raises contract with Ericsson to over $1.5 billion
August 22nd, 2014
Russia’s biggest mobile phone operator MTS (MBT.N) (MTSS.MM) said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson (ERICb.ST) to more than $1.5 billion. MTS said it had signed a $286 million contract with Ericsson ...
