Search Results for: Euro area
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
Deutsche Bank cannot rely on this trading rebound – Bottom Line
October 30th, 2014
Trading revenues were once the mainstay of many an investment bank, and made up the glamorous end of the City. It is always the traders who get the public’s attention. Who ever complains about City brokers or City auditors? But ...
Italy uncovers EUR 1.7 bn vast corporate fraud
October 22nd, 2014
Italy’s financial police on Tuesday said they had broken up a ring of companies they believe used false accounting to defraud the state out of 1.7 billion euros ($2.2 billion) of tax. “The illegal activity has led, over the ...
Gold – Surges to Five Week High Above $1255
October 22nd, 2014
Gold for Wednesday, October 22, 2014 Over the last few days to finish out last week Gold ran into the previous key level at $1240 which has resisted and forced gold a little lower, however it has since surged ...
Switzerland, EU finalize agreement on Corporate Tax Reform
October 17th, 2014
Switzerland and member states of the European Union (EU) have signed a joint statement that reaffirms Switzerland’s commitment to abolish contested corporation tax regimes and EU member states’ pledge to lift countermeasures. The agreement was signed on October 14, ...
New Report Charts EU Tax Policy Changes In 2014
October 16th, 2014
The European Commission has published a new report detailing key tax reforms implemented by European Union member states during 2014 and identifies the main policy challenges they are said to face. The report notes that the tax burden on ...
German industry production slumps as fears mount
October 7th, 2014
German industrial production contracted 4 per cent in August, the biggest decline in over five years and much worse than expected – fuelling fears that even the eurozone’s economic powerhouse is now flirting with a recession. Germany’s economy unexpectedly ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
Draghi Loan Plan Missing Estimates Hampers ECB Stimulus
September 19th, 2014
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 billion euros ($106.5 billion) to euro-area banks at a fixed ...
Scotland votes “No”
September 19th, 2014
Scotland has voted to stay in the United Kingdom after voters decisively rejected independence. With 31 out of the country’s 32 council areas having declared after Thursday’s vote, the ‘No’ side has an unassailable lead of 1,914,187 votes to ...
