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How VAT in UAE will impact consumers

October 19th, 2015 (0)
Impact would be negligible if VAT won’t exceed 5% and food essentials are exempted The impact of a value-added tax (VAT) system on consumers in the UAE may vary depending on household incomes and spending behavior, and how much ...

Samsung Electronics Collaborates with Thomson Reuters to Explore Joint Opportunities in B2B Business

October 19th, 2015 (0)
Samsung Electronics Co., Ltd., has announced its collaboration with Thomson Reuters, the world’s leading intelligent information provider for businesses and professionals, as an enterprise solution partner. The two companies will explore the development and optimization of enterprise solutions through ...

Deutsche Bank announces comprehensive organizational restructuring and reorganization of key management roles

October 19th, 2015 (0)
Deutsche Bank will fundamentally change its group and leadership structure. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Bank´s business divisions. This will be supplemented by a reorganization of executive ...

UK ‘needs Chinese investment’, ambassador says

October 19th, 2015 (0)
China‘s ambassador to the UK has said that the “UK needs Chinese investment”. Liu Xiaoming was speaking on BBC1’s Andrew Marr Show the day before the start of President Xi Jinping’s state visit to the UK. He said the ...

Silver as money

October 16th, 2015 (0)
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...

Oil steadies after week of heavy losses

October 16th, 2015 (0)
Oil prices steadied on Friday, snapping a week-long decline as investors closed positions at the end of a volatile week that saw prices slide nearly 10 percent on renewed signs a global supply glut was here to stay. Brent’s ...

London Stock Exchange Group Launches New Derivatives Venture – Curveglobal

October 16th, 2015 (0)
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...

UK to spend £10m on cryptocurrency research

October 16th, 2015 (0)
Harriet Baldwin, Economic Secretary to the Treasury of UK, in a speech, that she delivered at the Alan Turing Institute for Data Science, has declared a £10million funding for cryptocurrency research. Baldwin also mentioned that the country was working hard ...

The Common Reporting Standard: Automatic Information Exchange Goes Global

October 16th, 2015 (0)
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...

CFTC extends conditional relief for Australian-based trading platform Yieldbroker

October 16th, 2015 (0)
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced it has issued a no-action letter extending conditional time-limited relief for Australian-based trading platform Yieldbroker Pty Limited (Yieldbroker). This no-action letter will allow Yieldbroker additional ...
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