Search Results for: Oman
Warning that firms may quit Scotland over tax hikes
October 17th, 2016
Growing “uncertainty” over political demands for tax hikes could see firms quit the country with the loss of skilled jobs in key technology sectors, Scotland’s leading tax, finance and accountancy giants have warned. Scots are already facing higher income ...
Companies from UK, Cyprus, Germany, Italy and 12 other countries involved in a gigantic millions euro tax scam
October 13th, 2016
Four Maltese companies have been implicated in what the Italian authorities are describing as a ‘gigantic carousel fraud’, the Vicenza Guardia di Finanza reported yesterday. The scam, which was perpetrated through 145 Italian companies and 35 companies outside of ...
Mobile Payments soar as Europe embraces new ways to pay
October 12th, 2016
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Man in Limassol – Cyprus in hunger strike as he believes that a Forex company cheated him with his investment
October 5th, 2016
As a Cyprus news website reports, a man from Romania living in Limassol – Cyprus begun a hunger strike as he believes that a Forex company cheated him and asks for 40,000 euro that he believes that belongs to ...
Apple Ordered to pay $302 million in damages in a Patent legal case
October 3rd, 2016
A federal jury in Texas on Friday night ordered Apple to pay more than $302 million in damages for using VirnetX Holding Corp’s patented internet security technology without permission in features including its FaceTime video conferencing application. The verdict came in ...
Bitcoin-Inspired Technology Starts to Reshape Currency Markets
September 27th, 2016
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling products that use distributed ledgers to lower the costs of ...
Iran’s $50bn deal with Airbus and Boeing
September 22nd, 2016
Airbus and Boeing have received permission from the US government to sell aircraft to Iran, part of landmark deals potentially worth some US$50 billion in total following last year’s nuclear accord. The announcements came as Iranian and US leaders ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
Ernst & Young, Former Partners Charged With Violating Auditor Independence Rules
September 20th, 2016
The Securities and Exchange Commission today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close to their clients on a personal ...
