Search Results for: First Data
UK to reject EU plans to combat multinational tax avoidance
June 19th, 2015
David Gauke, financial secretary to the Treasury, insists on tax competition as opposed to Union’s plan to introduce common tax rules Britain will reject plans announced in Brussels this week to combat industrial-scale tax avoidance by the world’s biggest ...
The Next Great European Financial Crisis Has Begun
June 18th, 2015
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance ...
Gold price to climb as fears of a ‘Grexit’ rise
June 18th, 2015
The price of gold is tipped to rise as investors use the precious metal as a hedge against financial fallout from Greece’s ongoing debt crisis. Gold has been trading at about $US1180 per ounce in the last week, and ...
Banks’ Civil Forex Settlements Near $2 Billion
June 18th, 2015
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following ...
The Bank of Greece Report on Monetary Policy 2014-2015
June 17th, 2015
Today, in accordance with its Statute, the Bank of Greece submitted its Report on Monetary Policy 2014-2015 to the Speaker of the Greek Parliament and the Cabinet. At the time of writing of the present report, news kept unfolding, ...
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
TMX Group Announces eXplore TMX Innovation Lab
June 15th, 2015
TMX Group has issued an announcement to inform that: New initiative designed to accelerate technological and organizational innovation TMX Group announced the launch of eXplore TMX Innovation Lab, a new initiative that will leverage both emerging and in-house technology ...
Is The Age Of Negative Interest Rates Ending Already?
June 12th, 2015
History teaches that long trends end only when everyone is finally convinced that they’ll keep going. Maybe no trend in modern times has been as convincing as interest rates. The yield on long-term Treasury bonds, for instance, has been ...
IEA releases Oil Market Report for June
June 12th, 2015
Lower non-OPEC output trims global supply, but production still steeply higher than last year Global oil supplies fell by 155 000 barrels per day (155 kb/d) in May to 96 million barrels per day (mb/d) on lower non-OPEC output, ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...