Search Results for: IG Group
Vodafone’s ‘unpaid tax’
May 19th, 2014
Activism Group UK Uncut has issued a warning to the UK’s largest telecoms company Vodafone over allegedly unpaid corporation tax. The group claims it has “had enough” of the government “sheltering tax-dodging companies” including, it claims, Vodafone. It is ...
AstraZeneca chief executive calls for a tax risk
May 19th, 2014
The US pharmaceutical seeking to acquire UK rival AstraZeneca represents a tax avoidance risk, according to the UK druggist’s chief executive Pascal Soriot. Pfizer, which has proposed a £63bn takeover of the UK business, intends to use the AstraZeneca ...
Clifford Chance, Eversheds and Allen & Overy triumph at Middle East awards
May 16th, 2014
Clifford Chance (CC), Eversheds and Allen & Overy (A&O) were the main law firm winners at the third annual Corporate Counsel Middle East Awards last night (15 May), which saw CC named International Law Firm of the Year, while ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Tax Reform Is Not a Fantasy
May 15th, 2014
U.S. companies are stockpiling a record amount of foreign earned profits abroad, roughly $2.1 trillion. The amount of cash held overseas by U.S. multinationals is up 93 percent since 2008. And Uncle Sam receives a near-zero return on foreign ...
Telefonica-KPN Review Said to Focus on Small Operators
May 15th, 2014
The European Commission’s review of the proposed merger of Telefonica SA (TEF) and Royal KPN NV (KPN)’s German wireless units focuses on bolstering smaller competitors that lease capacity rather than attracting a new network operator, according to people familiar ...
Geithner Must Give S&P Documents in U.S. Fraud Suit
May 14th, 2014
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading government debt. Harold W. McGraw III, chairman of S&P parent ...
American Shoppers Take Breather After March Retail Sales Surge
May 13th, 2014
American consumers took a respite from going to malls and restaurants as retail sales climbed less than forecast in April after the strongest gain in four years. The 0.1 percent increase followed a revised 1.5 percent surge in March ...
Asian Stocks Advance After U.S. Gauges Rally to Records
May 13th, 2014
Asian stocks rose, with the regional benchmark gauge on course for its biggest increase in seven weeks, as investors weighed earnings and after U.S. equity indexes climbed to records. Nissan Motor Co., Japan’s second-biggest carmaker, jumped 5.1 percent after ...
Old, Fired at IBM: Trendsetter Offers Workers Arbitration
May 12th, 2014
For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age-discrimination claims and also included a page listing the job titles and ages of workers being let ...
