Search Results for: Tradition
VW Said to Cut 23,000 Jobs, Save $3.9 Billion With Labor Pact
November 18th, 2016
Savings deal aimed at boosting the VW brand’s margin to 4% Volkswagen agrees to refrain from forced layoffs until 2025 Volkswagen AG reached a landmark agreement with workers to cut as many as 30,000 jobs globally and save 3.7 ...
Euro zone break-up fears back on the table with Italy expected to reject reforms
November 16th, 2016
The impact of a “no” vote in the upcoming Italian referendum could be far more serious for Europe than Italy, according to analysts, who believe it would form part of the same underlying force as Brexit and the U.S. election victory ...
Lawyers for Julian Assange may ask Trump to close the criminal investigation
November 16th, 2016
Lawyers for Julian Assange have said they may ask US President-elect Donald Trump to close the criminal investigation into the WikiLeaks co-founder, and hope that Sweden will soon close the probe into allegations of sexual assault. The Obama administration ...
Bitcoin Prices in India Soar Amid Demonetization Drive
November 15th, 2016
Prime Minister Narendra Modi’s decision to combat the underground economy is a blessing in disguise for companies working in the cashless space, which includes mobile wallets, card companies and even bitcoin. Bitcoin, the eight-year old virtual currency, has been gaining ...
UNICEF invests in tech start-ups; first investment in a blockchain start-up
November 15th, 2016
UNICEF today announces its first portfolio of investments in open source technology solutions including tools that improve connectivity, real time data collection, identity technology and learning. The UNICEF Innovation Fund applies a venture capital approach to source solutions for ...
London and other global property markets could benefit from Trump election
November 12th, 2016
Property markets around the world could benefit from the election of Donal Trump as the next President of the United States but a lot will depend on how the country’s economy and dollar performs. Experts believe that it could ...
Trump Victory Causes ‘Serious Concerns’ in Middle East
November 10th, 2016
Many worry about his attitude toward Muslims, while regional strongmen embrace his apparent attitude toward human rights Donald Trump’s election generated concern in the Middle East over his stance on Muslims and immigrants as well as uncertainty about how ...
Accountancy Profession Adapting To Digital Age: Survey
November 10th, 2016
A recent survey of accountants in the UK has found that 83 percent believe understanding technology is equally as important to their job as understanding accountancy. The survey, undertaken by Xero, an accounting software company, found that 71 percent ...
London ‘flash crash’ trader faces up to 30 years in US jail after admitting to spoofing
November 10th, 2016
Navinder Singh Sarao, who operated from parents’ UK home, also agreed to pay US government $12.8m. A trader who operated from his parents’ home in London faces up to 30 years in jail in the US, after pleading guilty ...
Malta To Push EU VAT Reform As EU President
November 9th, 2016
Malta will take forward the EU’s proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory’s Minister of Finance, Edward Scicluna, told a recent conference. Under the EU’s VAT ...
