Search Results for: European law
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 ...
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 ...
EU’s highest court upholds new restrictive law on cigarettes
May 5th, 2016
The European Union’s highest court on Wednesday upheld a tough EU law that will standardise cigarette packs, ban menthol flavouring and restrict e-cigarette advertising, paving the way for its adoption this month and dealing a blow to Big Tobacco. ...
European Stocks Decline Fourth Day as Earnings Fail to Encourage
May 5th, 2016
BHP Billiton leads commodity producers lower on Brazil lawsuit Societe Generale advances as earnings beat estimates European stocks posted their longest losing streak in more than a month as the latest batch of earnings failed to lift investor sentiment. ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Cyprus gas discovery a key factor in EU energy objectives, says European Commission
April 28th, 2016
The European Commission is examining the impact of possible Cypriot gas reserves in the offshore area between Cyprus and Israel, in order to diversify the energy mix used by the EU, and break off the island`s energy isolation, Commission ...
Bitcoin becoming regulated currency in the European Union
April 27th, 2016
Slovenian startup Bitstamp just did something that no other digital currency startup was able to do – launch the first nationally licensed Bitcoin exchange (BitEx). As it usually goes, the startup could not receive a license in its home country, so ...
Lawyer Takes Aim at Volkswagen in Europe Over Emissions Scandal
April 26th, 2016
Volkswagen AG is a step closer to resolving its emissions-related legal woes in the U.S., but in Europe its troubles may be just beginning. Volkswagen last week said it was taking a €16.9 billion ($18.85 billion) charge against 2015 earnings, pushing the ...
New Treasury report claims lawyers will be worse off as result of Brexit
April 21st, 2016
A new report issued by the Treasury has claimed lawyers and other professional services will be worse off if Britain leaves the European Union (EU) because of a reduction in access to the single market. The 200-page document, titled ...
European Parliament to host blockchain conference
April 18th, 2016
The European Parliament is set to host a four day conference on virtual currencies and blockchains as it seeks to educate MEPs about the fast-growing world of distributed ledgers. Taking part next week, the non-commercial exhibition will bring together ...
