Search Results for: German market
Bitcoin flounders in Australia as regulatory worries bite
October 5th, 2015
Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency‘s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last ...
VW Emissions Probe Zeroes In on Two Engineers
October 5th, 2015
Volkswagen investigation focuses on two men elevated after Winterkorn was made CEO Two top Volkswagen engineers who found they couldn’t deliver as promised a clean diesel engine for the U.S. market are at the center of a company probe into the ...
EY recruits over 4500 people and breaks £2b milestone in the UK
October 2nd, 2015
8% growth takes revenue over £2b Record 95 equity Partners join the UK Partnership – over a third are women New office opens in Canary Wharf Growth reported across all service lines and regions Distributable profits up 6% from ...
VW Close to Diesel Fix as Sales of Rigged Cars Halted
September 30th, 2015
Sales halted in Spain, Switzerland, Italy and the Netherlands Volkswagen to inform customers soon of plans for repairs Volkswagen AG will start fixing emissions systems that cheated on pollution tests as soon as October, as sales of vehicles with ...
Investment Plan for Europe goes global: China announces its contribution to #investEU
September 29th, 2015
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general. Today during the High Level ...
UPDATE: Audi and Skoda say 3.3m cars have ‘cheat’ emissions software
September 28th, 2015
Audi and Skoda say they have a total of 3.3 million cars fitted with the software that allowed parent company Volkswagen to cheat US emissions tests. Some 2.1 million Audis affected worldwide include 1.42 million in western Europe, with 577,000 ...
Volkswagen CEO Promises Action on Emissions Scandal in Letter
September 28th, 2015
Matthias Müller wasted no time asserting his authority after Volkswagen AG tapped the chief of its Porsche sports car unit last week to take the helm of the entire group. He has promised investors and customers a thorough investigation into the emissions cheating ...
From ZIRP to NIRP
September 25th, 2015
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
Pimco Joins BlackRock Bond Manager Predicting ECB Will Expand QE
September 25th, 2015
Pimco sees increase in amount or duration of ECB buying BlackRock’s Krautzberger says ECB may `intensify’ purchases Europe’s biggest bond funds are queuing up to predict that the European Central Bank will augment its economic stimulus efforts. Money managers from BlackRock Inc. ...
