Search Results for: Tax
Tui sticks to earnings target as terror reroutes tourist flows
August 11th, 2016
Sales growth won’t meet previous target of at least 3% Occupancy, prices at RIU hotels rise on Spanish travel gains TUI AG, Europe’s largest tour operator, cut its forecast for sales growth this year in a further sign that ...
Australia to regulate bitcoin under counter-terrorism finance laws
August 9th, 2016
Jakarta: Australia is moving to become one of the first countries to regulate e-currencies such as bitcoin under its anti-money laundering and counter-terrorism financing laws. Bitcoin – the most prominent digital currency to emerge globally – is backed by a ...
EU Criticizes France’s Inefficient VAT System
August 8th, 2016
The European Commission has released a paper recommending improvements to France’s “inefficient” value-added tax system, including that the country do away with broadly applying reduced VAT rates. The paper notes that France faces significant fiscal challenges; Its tax burden ...
Luxembourg Appealing ‘LuxLeak’ Sentences
August 5th, 2016
Luxembourg’s state prosecutor has begun an appeal against the verdict at the recent “LuxLeaks” trial, arguing the sentences handed down by the court were too lenient. Earlier this year, Antoine Deltour and Raphael Halet, both former employees at advisory ...
London Stock Exchange reports Revenue up 9% to £721.9 million
August 5th, 2016
Continued good financial performance with growth across all core business areas – in particular, in Information Services, including strong results at FTSE Russell, in Capital Markets and at LCH Revenue up 9% to £721.9 million (H1 2015: £663.0 million); ...
Asia trades higher; Japanese stocks waver amid yen strength
August 4th, 2016
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...
Bank of Israel reports Monetary Policy for the six Months 0f 2016
August 3rd, 2016
Monetary policy: During the first half of 2016, the Monetary Committee decided to leave the interest rate at a level of 0.1 percent. For both July and August, which belong to the second half of 2016, the Monetary Committee also ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
First Data reports second Quarter 2016 financial results
August 2nd, 2016
First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the second quarter ended June 30, 2016. Consolidated revenue for the second quarter was $2.9 billion, up 2% versus the prior year ...
Tullett Prebon reports increase 11% of revenues
August 2nd, 2016
Tullett Prebon plc (the “Company”) today announced its results for the six months ended 30 June 2016. Financial Highlights Underlying, before exceptional and acquisition related items Revenue of £430.3m, an increase of 4% on prior period (2015: £415.7m) Operating ...
