Search Results for: EY
Moscow stocks higher after Crimea votes to join Russia
March 17th, 2014
Russian shares opened higher on Monday after Ukraine’s Crimea region voted in favour of joining Russia, as local investors shrugged off threatened Western sanctions believing they would be largely symbolic. At 0745 GMT the dollar-denominated RTS index .IRTS was ...
Motorola Sues 12 Defendants In Kong Kong For $5.26B, Including A Fugitive Turkish Family Charged With Embezzlement Of Funds
March 17th, 2014
Motorola (NYSE:MSI) has sued 12 defendants in a Hong Kong court, including a fugitive Turkish family, three Hong Kong-based companies and a British national, seeking $5.26 billion in damages for embezzlement of funds in a case that can be ...
6 Big Things You Need to Know About Bitcoin This Week
March 17th, 2014
Mt. Gox is history. Flexcoin flatlined, too. Hackers are stealing Bitcoin like crazy. Yup, Bitcoin is looking shadier by the minute. So much so that a Silicon Valley startup wants to bury it underground Fort Knox-style. The controversial cryptocurrency ...
US and EU expected to announce sanctions against Russia
March 17th, 2014
Measures could include visa bans and potential asset freezes in wake of Crimean vote to rejoin Russia The US and its allies in Europe are expected to announce sanctions against Russia, including visa bans and potential asset freezes, on ...
Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax
March 14th, 2014
The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up ...
George Ioulianos, General Manager of Cyprus Fiduciary Association
March 14th, 2014
1. What is the Cyprus Fiduciary Association and what has it achieved so far? The Cyprus Fiduciary Association was founded in November 2011 by the initiative of a number of fiduciary providers whose aim was to further develop and ...
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
European Parliament backs Commission proposal for the IFRS, the EFRAG and the PIOB
March 14th, 2014
The European Parliament has today backed the European Commission’s proposal on co-financing the IFRS Foundation, EFRAG and the PIOB, three organisations that play a key role in the development of accounting and auditing standards. Internal Market and Services Commissioner ...
Risks for investing in complex products
March 13th, 2014
The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the Cyprus Investment Firms (‘the CIFs’) about the following: 1. The European Securities Markets Authority (‘ESMA’) has issued a warning to investors in relation to risks of investing in complex ...
Lords call for delay to LLP tax reforms
March 13th, 2014
CHANGES in the taxation of limited liability partnerships should be delayed until April 2015 in order to give firms affected an opportunity to adjust, the House of Lords Economic Affairs Committee has recommended. The government’s current intention to introduce ...
