Search Results for: EU
Gold Slips Below 1300 on Yellen Rate Comments
July 16th, 2014
Gold is trading below the key level of $1300 on Wednesday. The metal dropped below this barrier on Tuesday for the first time in about a month, following remarks by Janet Yellen about a possible rate hike. In Wednesday’s ...
Time Warner rejected $80 billion bid from 21st Century Fox: NYT
July 16th, 2014
Media mogul Rupert Murdoch is determined to buy Time Warner Inc (TWX.N) after the media conglomerate rejected an $80 billion buyout offer from Twenty-First Century Fox Inc (FOXA.O), the New York Times reported. Twenty-First Century Fox, controlled by Murdoch, ...
Litigation costs hit Bank of America quarterly profit
July 16th, 2014
Bank of America Corp (BAC.N), the second-largest U.S. bank by assets, reported a 43 percent drop in second-quarter profit as mortgage revenue fell and litigation costs soared. Earnings attributable to shareholders fell to $2.04 billion, or 19 cents per ...
Unemployment in Britain Falls to 6.5 Percent
July 16th, 2014
British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England pause for thought as it prepares to start raising interest ...
BlackRock’s second-quarter profit rises 11 percent
July 16th, 2014
BlackRock Inc (BLK.N), the world’s largest money manager, reported an 11 percent jump in second-quarter profit on Wednesday, boosted by strong markets that helped drive flows into its products across asset classes. The New York-based asset manager reported net ...
ICAEW edges closer to approved regulator status
July 16th, 2014
The representative body for chartered accountants has inched another step closer to gaining the authority to license alternative business structures (ABSs). Parliament agreed yesterday that the Institute of Chartered Accountants in England and Wales (ICAEW) has an appropriate appeals ...
IRS Issues Final Regs On Truncated TINs
July 16th, 2014
As part of efforts to combat identity theft and tax refund fraud, the United States Treasury Department has released, in the Federal Registry, final regulations applicable to the use of Internal Revenue Service (IRS) truncated taxpayer identification numbers (TTINs). ...
CoinPip Supports Merchants Internationally
July 16th, 2014
Singapore-based bitcoin payment solution CoinPip Pte Ltd has been working tirelessly to make accepting digital currency even easier for its clients and for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their ...
Obama Seeks To Clamp Down On Corporate Inversions, Retroactive Legislation Possible
July 16th, 2014
The Barack Obama administration on Tuesday called for immediate legislation to prevent U.S.-based companies from re-incorporating overseas for lower taxes, the Wall Street Journal reported Tuesday. Treasury Secretary Jacob Lew wrote a letter to Senate Financing Committee Chairman Ron ...
Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts
July 16th, 2014
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...
