Search Results for: Ether
Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’
August 29th, 2016
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal. Geneva will ...
Facebook Plan For WhatsApp Data Poses Legal Risks
August 29th, 2016
When WhatsApp announced on Thursday that it would start sharing data with its corporate parent, Facebook, some of its fans howled that the popular messaging service was betraying long-held promises to protect their privacy. But for the companies, angry users ...
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
EU accused US of ‘acting like a tax haven’
August 29th, 2016
US accused of ‘acting like a tax haven’ for threatening retaliation against Brussels’ anti-trust investigations into Apple, Amazon and Starbucks The US has been accused of “behaving like a tax haven”, in an escalating war of words between Washington ...
Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
August 29th, 2016
Federal Reserve officials are content to watch others’ experience of negative rates from a distance Federal Reserve officials are turning a cold shoulder to a controversial idea being tried in Japan and much of Europe to boost anemic economies: ...
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Bitcoin Privacy Tool ‘CoinShuffle’ Sees First Transaction
August 26th, 2016
A type of anonymous bitcoin transaction that privacy enthusiasts have been awaiting for years has finally been tested successfully. Sent on the bitcoin test network earlier this month, the transaction is possibly the first real-world implementation of CoinShuffle, a proposal that first ...
Playtech announced total revenues of H1 2016 up 18%
August 26th, 2016
Playtech (LSE: PTEC) announces its results for the six months ended 30 June 2016, together with a trading update for the period to 24 August 2016. Financial summary H1 2016 H1 2015 Change(reported) Change (const.currency)3 Revenues €337.7m €286.0m +18% ...
Taiwan to toughen anti-money laundering law after US fine
August 25th, 2016
Taiwan moved Thursday (Aug 25) to toughen its anti-money laundering law after US authorities fined a local bank linked to the so-called Panama Papers scandal. Last week, American regulators fined Taiwan’s Mega International Commercial Bank US$180 million for showing ...
Cyprus, Lebanon, Egypt, and Israel are issuing a new series of natural gas exploration licenses
August 25th, 2016
The major natural gas reservoirs that have been discovered off the Mediterranean shores in recent years have made the region a focus of international interest. The past few months have been especially lively, with Lebanon, Egypt, Cyprus, and Israel ...
