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MP Andrew Mitchell invested in scheme HMRC says avoided tax

July 17th, 2014 (0)
Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC. Tax collectors say the scheme’s investors can expect to receive big tax bills in the coming ...

Vietnam Says China Backing Down In Oil Rig Dispute

July 17th, 2014 (0)
A leading Vietnamese military officer said July 16 that China’s decision to remove a huge oil rig from waters claimed by both countries shows that it is backing down in a dispute that has raged since May. Maj. Gen. ...

Global airline CEOs upbeat on revenue growth prospects: survey

July 17th, 2014 (0)
Airlines are confident that their industry will boost revenue over the next year and consider joint ventures a more viable growth driver than mergers, a PricewaterhouseCoopers survey of nearly 40 chief executive officers at carriers worldwide finds. The report ...

$100: Apple stock’s new magic number

July 17th, 2014 (0)
Apple (AAPL) lovers and investors are eagerly eyeing their iWatches to see if the company’s stock can finally overtake the $100 barrier. Shares of the gadget maker were initially up Wednesday on news of a partnership with International Business ...

Handful of non-EU banks to make European stress tests debut

July 16th, 2014 (0)
A handful of global banks are bracing themselves for their first results from Europe’s bank stress-testing regime, which will tell them in October whether they have enough capital to withstand future crises. Banks outside the European Union have traditionally ...

EU Readies Russia Sanctions Amid U.S. Pressure on Ukraine

July 16th, 2014 (0)
European Union leaders may impose their first sanctions today against Russian companies that are helping undermine Ukraine as the U.S. urges the bloc to take a tougher stance against Moscow. EU leaders may also agree at a summit tonight ...

Croatian Bank forecasts signs of economic recovery in 2015

July 16th, 2014 (0)
The Council of the Croatian National Bank discussed the latest economic developments and forecasts, as well as the financial stability analysis, and adopted the monetary policy projection for the forthcoming period. As shown by available indicators and estimates of ...

Gold Slips Below 1300 on Yellen Rate Comments

July 16th, 2014 (0)
Gold is trading below the key level of $1300 on Wednesday. The metal dropped below this barrier on Tuesday for the first time in about a month, following remarks by Janet Yellen about a possible rate hike. In Wednesday’s ...

Time Warner rejected $80 billion bid from 21st Century Fox: NYT

July 16th, 2014 (0)
Media mogul Rupert Murdoch is determined to buy Time Warner Inc (TWX.N) after the media conglomerate rejected an $80 billion buyout offer from Twenty-First Century Fox Inc (FOXA.O), the New York Times reported. Twenty-First Century Fox, controlled by Murdoch, ...

U.S. Stock-Index Futures Rise as Apple, IBM Rally on Deal

July 16th, 2014 (0)
U.S. stock-index futures advanced as China’s second-quarter economic growth topped estimates and as Apple Inc. and International Business Machines Corp. rallied after announcing a partnership. Apple and IBM rose at least 2 percent each in early New York trading ...
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