Search Results for: European Union
EU and Monaco Sign New Tax Deal
July 14th, 2016
The European Union (EU) and Monaco have signed a tax transparency agreement that will enable them to automatically exchange information on the financial accounts of each other’s residents from 2018. Under the agreement, the EU and Monaco will automatically ...
Gold eases ahead of BoE policy
July 14th, 2016
Gold slipped on Thursday after rising nearly 1 percent in the previous session, as the dollar firmed and Asian stocks stayed near eight-month highs on expectations of an interest rate hike by the Bank of England. Investors bet the ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Theresa May, the UK’s new prime minister, explained
July 12th, 2016
Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday morning, citing overwhelming support for May among Conservative MPs. Prime ...
Brexit: 7 key changes every Traveler must know
July 11th, 2016
A travel primer on what to expect following Britain’s vote to leave the EU. In a landmark decision, Britain has voted to withdraw from the European Union. While it’s unclear how the vote will affect the political climate and ...
Lawyers claim that Brexit vote is not legally binding;primary legislation will be needed
July 11th, 2016
Hundreds of barristers have advised Prime Minister David Cameron to tread carefully before taking steps to withdraw the UK from the European Union. More than 1,000 have signed a letter to Mr Cameron which says the referendum result is ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
Could Berlin Steal London’s FinTech Capital Throne?
July 8th, 2016
As the Brexit fallout continues, it looks as though Berlin may be stepping up to replace London as Europe’s top FinTech capital. With the U.K. making its monumental decision to exit the European Union last week, The Financial Times reported today (July 7) that Germany ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
MasterCard faces £19bn lawsuit over inflated card charges;the biggest in UK legal history
July 7th, 2016
Priceless? Not this time. MasterCard is facing a £19 billion lawsuit – the biggest in UK legal history – in a collective action over card charges that were passed on to shoppers. The claim is headed by ex-financial services ombudsman Walter ...
