Search Results for: European Parliament
Scandinavians split Europe on digital tax plan
June 6th, 2018
“A digital services tax deviates from fundamental principles of income taxation by applying the tax on gross income, i.e. without regard to whether the taxpayer is making a profit or not,” Swedish Finance Minister Magdalena Andersson, and the finance ...
Most Asian stocks dipped, Gold lost 0.3 percent, Euro fell; Early investors review
May 22nd, 2018
Most Asian stocks dipped in a holiday-hit trading session Tuesday, with the dollar and U.S. Treasuries little changed as crude oil held around its highest New York level since 2014. Companies selling baby products saw gains after news that ...
The Euro and the Yen fell, Asian Stocks gain; Key events to watch this week
May 21st, 2018
Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong ...
CySEC released a statement of new rules governing derivatives on virtual currencies
May 16th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued a statement to inform about new rules when providing investment services in relation to derivatives on virtual currencies. According the statement: Further to the European Securities and Markets Authority’s (ESMA) ...
EU plans more powers for consumers to sue companies
April 12th, 2018
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would allow some groups ...
Brexit legal text signals greater EU urgency
March 8th, 2018
Brussels is not waiting around anymore for the U.K. to get its act together on Brexit. The European Commission’s publication of a 120-page draft withdrawal treaty will signal a new approach in the Brexit process that might best be ...
Asian shares mostly firmer, dollar loses early edge
February 26th, 2018
Asian shares made guarded gains on Monday as investors braced for an event-packed week headlined by U.S. inflation data and the first House testimony by the new head of the Federal Reserve. Spread betters also pointed to a stronger ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Next steps against fake news
December 1st, 2017
Next steps against fake news: Commission sets up High-Level Expert Group and launches public consultation. The EU Commission launched a public consultation on fake news and online disinformation and set up a High-Level Expert Group representing academics, online platforms, ...
Closer Than Canada, Bigger Than Norway: The Optimism of UK Brexit Minister
November 24th, 2017
Brexit minister David Davis told a conference of business leaders that the UK is prepared for “no deal” with the European Union. David Davis, the UK’s Secretary of State for Exiting the European Union, on Tuesday, November 21, said ...
