Search Results for: German
Donald Trump Is Threatening to Slap a 35% Border Tax On BMWs Built In Mexico
January 16th, 2017
President-elect Donald Trump has warned the United States will impose a border tax of 35% on cars that German carmaker BMW (BMWYY, -0.66%) plans to build at a new plant in Mexico and export to the U.S. market. Trump ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Gold price above $1,200 for first time in two months
January 12th, 2017
A New Year rally for the gold price was given an unexpected “Trump bump” yesterday, says Reuters. Having risen from a low of $1,124 an ounce in early December, the metal hit a high of around $1,187 earlier this ...
How Did We Get 2016 So Wrong?
January 12th, 2017
Go through the late 2015/early 2016 articles published on this and similar sites and you’ll find a consensus that 2016 was going to be a really bad year. Corporate profits were falling, business inventories had spiked, and deflation was ...
The highest and lowest unemployment rates in EU countries
January 12th, 2017
The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in November 2016, stable compared to October 2016 and down from 10.5% in November 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 ...
EEX Group achieves yet another record year in 2016
January 11th, 2017
Double-digit growth on the core markets – Product portfolio expanded – PXE becomes part of EEX Group The European Energy Exchange (EEX) successfully continued its growth story and was able to significantly increase its trading volumes in 2016. On ...
Malta accused of being tax haven as it takes EU presidency
January 11th, 2017
Country helped multinationals avoid paying more than £12bn in taxes from 2012 to 2015, says report from Green MEPs Malta has been accused of being a tax haven, just as it takes the helm of the European Union in ...
Volkswagen confirms $4.3bn settlement; in addition it will plead guilty to criminal misconduct
January 11th, 2017
Volkswagen has confirmed it has negotiated a $4.3bn (£3.5bn) draft settlement with US regulators to resolve its diesel emissions scandal. The German car giant said in addition to the fine it will plead guilty to criminal misconduct as part ...
US arrests VW executive on fraud charges
January 9th, 2017
The Federal Bureau of Investigation has arrested a Volkswagen executive who faces charges of conspiracy to defraud the United States, two people with knowledge of the arrest said on Sunday, marking an escalation of the criminal investigation into the ...
Deutsche Bank settles tax fraud suit for $95 million
January 6th, 2017
Deutsche Bank AG agreed Wednesday to pay the U.S. government $95 million to settle a tax fraud lawsuit. The suit, filed in 2014, claimed the German bank used shell companies to evade paying tens of millions of dollars in ...
