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HMRC plans to break up multi-billion IT contract

September 1st, 2014 (0)
A plan by HMRC to split its multi-billion pound IT contract into smaller parts may worsen the service, the Public and Commercial Services (PCS) Union has said. The Times reported this week that the tax department is planning to ...

Private equity groups make $500m UK North Sea oil investment

September 1st, 2014 (0)
Buyout groups Blackstone and Blue Water Energy are providing $500m to Siccar Point Energy, a new UK-focused oil company, in one of the largest ever private equity investments in North Sea oil. The move highlights the continuing international appeal ...

SEC gives $300,000 Whistleblower Award to Internal Auditor

September 1st, 2014 (0)
For the first time, the Securities and Exchange Commission is rewarding a corporate whistleblower whose actual job it is to blow the whistle on a company’s internal missteps. The Securities and Exchange Commission (SEC) announced that it would provide a ...

Abenomics, European Style

September 1st, 2014 (0)
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics’ three components – or “arrows” – comprise massive ...

China gives Microsoft 20 days to provide explanation in anti-trust probe

September 1st, 2014 (0)
A Chinese anti-trust regulator said on Monday it has given Microsoft Corp (MSFT.O) 20 days to reply to queries on the compatability of its Windows operating system and Office software suite amid a probe into the world’s largest software ...

ASIC charges Goldman Sachs Australia Pty Ltd with $35,000 penalty

September 1st, 2014 (0)
The Australian Securities and Investments Commisions (ASIC) has charged Goldman Sachs Australia Pty Ltd (Goldman Sachs) with a penalty of $35,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was ...

CFTC Charges California Resident Ralph Metters with Forex Fraud

September 1st, 2014 (0)
The U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge Manuel L. Real of the U.S. District Court for the Central District of California entered on August 27, 2014 an emergency Order freezing and preserving assets under the ...

CBO Reduces US Corporate Tax Revenue Forecast

September 1st, 2014 (0)
In its latest estimates, the Congressional Budget Office (CBO) has maintained its forecast for a reduced United States federal budget deficit this year, but has had to increase it from the forecast made in April, mostly because of lower-than-anticipated ...

Australia 200 – Settles Above 5600

September 1st, 2014 (0)
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...

UK businesses ‘want new EU deal’, says lobby group

September 1st, 2014 (0)
Most British businesses want the UK to renegotiate its relationship with the EU, according to a British Chambers of Commerce (BCC) survey. The lobby group said 60% of the 3,200 firms polled believed bringing some powers home would help ...
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