Search Results for: UBS
Rethinking the Sino-American Relationship
June 27th, 2014
In early July, senior US and Chinese officials will gather in Beijing for the sixth Strategic and Economic Dialogue. With bilateral frictions mounting on a number of fronts – including cyber security, territorial disputes in the East and South ...
New tax reliefs complicate the system and offer more opportunities for tax avoidance’ MPs warn
June 27th, 2014
A committee of MPs has accused the Government of creating more opportunities for tax avoidance by introducing new tax reliefs which cost the country £100billion a year. The Government’s Office of Tax Simplification has introduced 134 new tax reliefs ...
Flaw found in PayPal two-step security
June 26th, 2014
Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts. Duo Security, a Michigan-based cyber security company, says its researchers have found a way to bypass so-called ...
Emerging-Market Target Practice
June 26th, 2014
Central bankers want only a few things. To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ credibility. To communicate their intentions simply and clearly, they may ...
Spain To Slash Income Tax Rates
June 26th, 2014
The Spanish Cabinet on June 20, 2014, approved reductions to corporate and individual income tax rates to boost investment and employment. Under the changes, the corporate tax rate will fall from 30 percent to 28 percent in 2015, and ...
European Stocks Decline for Fourth Day Amid Iraq Violence
June 25th, 2014
European stocks fell for a fourth day, the longest stretch in seven weeks, as violence in the Middle East escalated. U.S. index futures were little changed, while Asian shares declined. GDF Suez SA dropped 3 percent after France said ...
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...
US court fines Credit Suisse trader over bond prices
June 25th, 2014
A New York court has fined a former UK-based Credit Suisse trader for his role in artificially inflating bond prices. David Higgs was spared prison, which was the fate of his boss. Higgs pleaded guilty in 2012 to a ...
UK challenger banks call for easier access to BoE liquidity
June 24th, 2014
Britain’s “challenger” banks are pushing for easier access to Bank of England liquidity and more favourable capital rules to help them compete with established lenders. Small banks say they can be asked to provide substantial collateral when they use ...
France claims victory in Alstom deal with US rival GE
June 23rd, 2014
The boss of French rail and energy group Alstom says the $17bn (£10bn) deal to sell off most of its power generation business to US rival General Electric will protect France’s interests and save jobs. “ a combination ...
