Search Results for: European countries
Deutsche Bank to Face British Lawsuit Over High-Speed Trading
January 19th, 2016
Deutsche Bank, already troubled by lawsuits and official investigations, faces another challenge. A group of lawyers said on Monday that they planned to sue the company in British court, accusing the bank of using high-speed trading software to profit in foreign ...
First-ever EU-wide cyber-security rules backed by Internal Market Committee
January 15th, 2016
Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud computing, will have to take action to improve their ability to withstand cyber-attacks under new rules approved by Internal ...
The Future of Modern Currency – Unification of Funds
January 14th, 2016
Modern society is actively creating, developing and improving the technologies that even ten years ago were mere fantasy. What changes await the financial sector and where does the future of e-Currency lead? Payment processor ECommPay shares predictions for the ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs
January 13th, 2016
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We ...
OPEC president sees emergency meeting in March
January 12th, 2016
OPEC president Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the oil cartel in “early March” OPEC president Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the oil cartel in “early ...
Commission concludes Belgian “Excess Profit” tax scheme illegal; around €700 million to be recovered from 35 multinational companies
January 11th, 2016
The European Commission has concluded that selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The scheme has benefitted at least 35 multinationals mainly from the EU, who must ...
Worldwide Regulated Open-ended Fund Assets and Flows
January 11th, 2016
Important decline in net assets and net sales of worldwide investment fund assets in Q3 The European Fund and Asset Management Association (EFAMA), has released its latest international statistical release containing the worldwide investment fund industry results for the third quarter ...
PwC economists reveal predictions for 2016
January 11th, 2016
G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’ agendas Commodity prices will remain lower for longer End of the Eurozone crisis African population to rise in 2016 ...
Twitter files lawsuit against Turkish fine
January 11th, 2016
Twitter files lawsuit against Turkish fine over ‘terrorist propaganda’ – source Micro-blogging site Twitter filed a lawsuit in an Ankara court on Thursday, seeking to annul a fine by the Turkish authorities for not removing content Turkey says is ...
