Search Results for: ICE
Etihad finalises deal for Alitalia investment
June 2nd, 2014
Etihad says it has finalised the conditions it requires for a major investment in Alitalia, following months of negotiations. Etihad did not give further details, but in a TV interview Italy’s transport minister said Etihad was ready to invest ...
When Spanish firms use tax havens
June 2nd, 2014
Almost all of the 35 companies listed on the Spanish stock exchange use tax havens, according to a report from Observatorio RSC, an organisation that monitors corporate social responsibility. The figures, based on company reports for 2012, show a ...
SEC Charges Chicago-Based Investment Fund Manager With Stealing Investor Money and Conducting Ponzi Scheme
May 30th, 2014
The U.S. Securities and Exchange Commission has announced fraud charges and an asset freeze against a Chicago-based investment fund manager accused of stealing money he raised from investors to pay personal and business expenses. The SEC alleges that Neal ...
USA ‘to fine BNP Paribas €7 billion’ in sanctions probe
May 30th, 2014
The US is seeking more than €7.4 billion ($10 billion) to resolve a criminal probe into allegations that the French bank evaded US sanctions against Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. BNP – the largest ...
The New Paradigm for Banks
May 30th, 2014
Why are U.S. banks having a harder time making money? It’s a question that extends well beyond business models, operating environments and market valuations to the role they play in the economy, during good times and bad. Financial institutions ...
New revenue guidance: Six things to consider
May 30th, 2014
The release Wednesday of a long-awaited new revenue recognition standard had financial statement preparers settling in to read hundreds of pages of text, as standard-setters celebrated the achievement of producing that text. Members of the US Financial Accounting Standards ...
Tax Breaks May Not Be Enough to Jumpstart Crimea’s Struggling Economy
May 30th, 2014
In an effort to jumpstart Crimea’s faltering economy, a government plan could offer tax breaks and other juicy business conditions on the peninsula for the next half century — but even this may not be enough to attract businesses ...
Tax case: Vodafone officials to meet Finance Secretary
May 30th, 2014
Representatives of Vodafone are likely to meet senior officials of the Finance Ministry. They would be meeting Finance Secretary Arvind Mayaram and Revenue Secretary Rajiv Takru, said sources. The meeting would be taking place in the backdrop of the British ...
Gold nears worst week since March as stocks climb, demand falls
May 30th, 2014
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates throughout, changes dateline, pvs SINGAPORE) Gold steadied on Friday ...
Silver recovers by Rs 350 on industrial demand, gold stable
May 30th, 2014
Silver prices today recovered by Rs 350 to Rs 40,850 per kg on increased demand from consuming industries but gold remained steady at Rs 27,500 per 10 grams after falling for four straight sessions on low-level buying. Silver ready ...
