Search Results for: European Union
Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid
May 23rd, 2016
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil prices. The London FTSE index is called to open 1 point higher ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
EU Lays Down the Law on Tax Deals as Apple Probe Continues
May 20th, 2016
EU regulator clarifies rules for profit-shifting arrangements Transactions between units should be at market prices The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid ...
EU to compile blacklist of tax havens
May 20th, 2016
European Union finance ministers will agree next week to draw up a common list of tax havens and sanctions against them, according to a draft EU document, part of a crackdown on tax evasion by companies and wealthy individuals. ...
Greek Pipeline Breakthrough To Challenge Russian Gas Dominance
May 19th, 2016
After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large ...
New domestic and EU laws will stub out menthol cigarettes and 10-packs from tomorrow
May 19th, 2016
Smokers are in for a bitter cocktail of regulation tomorrow as EU and UK laws come into force, phasing out 10-packs, menthol cigarettes and introducing new plain packaging rules. Manufacturers will be banned from producing 10-packs of cigarettes under ...
Brexit will have ‘short-term’ impact on travel industry: Amadeus CFO
May 18th, 2016
In spite of the warnings of dire economic consequences if the U.K. opted to leave the European Union, one industrial sector is expected to emerge relatively unscathed: the travel industry. The chief financial officer of travel technology website Amadeus ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
CySec is asking CIFs to close monitor the risks they are exposed in a possible Brexit
May 17th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms in relation with monitoring of risks due to a possible Brexit. CySec informs that in case of a possible exit of the UK, ...
France May Accelerate Corporate Tax Cut
May 17th, 2016
The French Government is reportedly considering cutting the rate of corporate tax further than already planned as part of changes to the Responsibility and Solidarity Pact under consideration by the Government, although the reports were later denied by Finance ...
