Search Results for: Oman
Grant Thornton reports record global revenues
January 9th, 2017
Grant Thornton today announced total combined record global revenues of US$4.8bn for the financial year ended 30 September 2016. Revenues at Grant Thornton member firms grew 7.8% measured on a local currencies basis, and at 3.3% when measured in ...
US arrests VW executive on fraud charges
January 9th, 2017
The Federal Bureau of Investigation has arrested a Volkswagen executive who faces charges of conspiracy to defraud the United States, two people with knowledge of the arrest said on Sunday, marking an escalation of the criminal investigation into the ...
Why an Ex-employee sues Snapchat?
January 6th, 2017
A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. In the lawsuit filed on Wednesday ...
Deutsche Bank settles tax fraud suit for $95 million
January 6th, 2017
Deutsche Bank AG agreed Wednesday to pay the U.S. government $95 million to settle a tax fraud lawsuit. The suit, filed in 2014, claimed the German bank used shell companies to evade paying tens of millions of dollars in ...
Why a multinational law firm has stopped paying some of its staff?
January 5th, 2017
KWM Europe halts pay for 100 staff as it prepares for administration Today (4 January) the European partnership of King & Wood Mallesons (KWM) has stopped paying 100 staff as the firm heads towards administration. The firm confirmed its ...
Oil prices rise as markets eye OPEC, non-OPEC production cuts
January 3rd, 2017
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. International ...
Female lawyers in Saudi courts: ‘We are equal to male counterparts’
December 30th, 2016
After years of being prohibited from appearing in court, female lawyers in 2013 achieved a significant victory in being able to practice law and argue their cases in Saudi courtrooms. Female lawyers have the right to advocate for issues ...
Oil prices on track for greatest yearly percentage gain since 2009
December 30th, 2016
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production output. U.S. benchmark West Texas intermediate (WTI) CLc1 crude futures ...
28.7% of EU GDP spent on social protection
December 28th, 2016
Since 2011, social protection expenditure in the European Union (EU) has increased slightly, from 28.3% of GDP in 2011 to 28.7% in 2014, according to data from Eurostat, the statistical office of the European Union. In 2014, the two ...
Law Firms’ Accounts Pose Money-Laundering Risk
December 27th, 2016
Law Firms’ Accounts Pose Money-Laundering Risk Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say Tens of billions of dollars every year move through opaque law-firm bank ...
