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EU competition chief says unclear when Apple tax probe will be decided

April 5th, 2016 (0)
A two-year investigation into whether Apple’s (AAPL.O) tax deal with Irish authorities gave the iPhone maker an unfair advantage will take a lot longer because of the large amount of data involved, the EU antitrust chief said on Monday. ...

Greece’s Path to New IMF Loan Grows Even Rockier Following Leak

April 5th, 2016 (0)
IMF officials discussed smaller surplus target, WikiLeaks says Fund has been pushing euro-area nations to offer debt relief Greek Prime Minister Alexis Tsipras may be alienating the International Monetary Fund just when he needs it most. The IMF has ...

RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17

April 5th, 2016 (0)
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...

Asia markets rise; Japanese yen maintains 111 handle versus dollar

April 4th, 2016 (0)
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...

Volkswagen sued by US watchdog over false ‘Clean Diesel’ claims

March 30th, 2016 (0)
Federal Trade Commission alleges Volkswagen deceived customers by selling cars based on fraudulent claims that they were environmentally friendly A federal consumer watchdog sued Volkswagen on Tuesday, charging the company made false claims in commercials promoting its “Clean Diesel” ...

J.P. Morgan Executives Say Regulators Should Approve IEX as Exchange

March 23rd, 2016 (0)
The country’s largest bank is siding with upstart market IEX Group Inc. in its effort to create a new stock exchange that pledges to be a haven for long-term investors. Executives at J.P. Morgan Chase & Co. say regulators should approve IEX’s ...

Sugar tax surprise in Budget – but growth forecasts cut

March 17th, 2016 (0)
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...

Interview with The Guardian

March 15th, 2016 (0)
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes and younger generations say? During the great recession, the young ...

CFTC Orders IBFX, Inc. to Pay a $1 Million Penalty

March 15th, 2016 (0)
CFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) to Pay a $1 Million Penalty for Failing to Meet Minimum Capital Requirements, Failing to Timely Report Minimum Net Capital Violations, Supervisory Failures, and Violating a Prior CFTC Order The ...

Apple, McDonald’s, Google and IKEA to face EU lawmakers over tax deals

March 15th, 2016 (0)
Apple (AAPL.O), Google (GOOGL.O), McDonald’s (MCD.N) and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay more tax on their profits locally. The hearing, organized by ...
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