Search Results for: First Data
UK to introduce ‘Google tax’ in 2020
October 31st, 2018
When it comes to tech, Britain wants to have its cake and eat it, too. The U.K. moved on Monday to extract more tax from the likes of Google and Facebook, even as London pushes aggressively to make itself ...
Contactless payments in UK overtake chip-and-pin
October 17th, 2018
Contactless payments have become more popular than chip-and-pin card transactions for the first time in the UK, according to a major payment processing company. Worldpay said it happened in June, when 51% of in-store card transactions were contactless, rising ...
Cryptocurrencies suffer $18 billion drop in value over three days
October 15th, 2018
Bitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of its already waning value in the course of a few days. The entire market capitalization for cryptocurrencies fell by $18 billion over ...
House prices in the euro area rose; These are the countries with the highest increases
October 9th, 2018
House prices, as measured by the House Price Index, rose by 4.3% in both the euro area and the EU in the second quarter of 2018 compared with the same quarter of the previous year. These figures come from ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
Early Stocks Review: Shares in Europe moved higher on Wednesday
October 4th, 2018
The pan-European Stoxx 600 was 0.3 percent higher with almost every sector in positive territory. In Italy, the FTSE MIB, jumped 1.2 percent in early deals. The Italian newspaper Corriere della Sera reported Wednesday that the government is planning ...
European Commission released VAT Gap Frequently asked questions
September 27th, 2018
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Positions, problems and prospects of EU ‘digital tax’ proposal
September 14th, 2018
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such as Apple, Facebook and Google – yet the political battle ...
European stocks end lower; What is driving the market?
September 14th, 2018
Europe’s main stock gauge gave up modest early gains to close slightly lower on Thursday, with the U.K. leading the way lower as the pound strengthened against a broadly weaker U.S. dollar. What are markets doing? The Stoxx Europe ...
