Search Results for: UBS AG
EU Commission proposes major Tax reform; A fair tax system through the EU Single Market
October 27th, 2016
The Commission has today announced plans to overhaul the way in which companies are taxed in the Single Market, delivering a growth-friendly and fair corporate tax system. Re‑calibrated as part of a broader package of corporate tax reforms, the ...
Nasdaq reports a record $585 million Net revenues for Q3 2016
October 27th, 2016
Nasdaq Delivers record Subscription and recurring Revenues1 Net revenues2 were a record $585 million in the third quarter of 2016, up 11% year-over-year. Third quarter 2016 diluted EPS was $0.77. Non-GAAP3 diluted EPS for the third quarter 2016 was ...
Embraer Paying $205 Million to Settle FCPA Charges
October 25th, 2016
The Securities and Exchange Commission today announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer S.A. to pay more than $205 million to resolve alleged violations of the Foreign ...
HKEX to Roll Out Volatility Control Mechanism for its Derivatives Market
October 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) plans to roll out its Volatility Control Mechanism (VCM) – a measure designed to protect market integrity by preventing extreme price volatility arising from major trading errors and other unusual incidents – for its ...
The Gas demand in Europe is expected to increase by 6%
October 24th, 2016
Gas consumption is expected to increase by 6% compared with 2015, according to the latest estimates from Eurogas. This rise is partly due to increased demand for gas in power generation following signs of revival in industrial activity, as ...
European Property Investors shift in opportunities in smaller economies
October 24th, 2016
The European commercial real-estate market is shifting, with the hottest cities cooling off as investors’ interest in other locations grows. Real-estate markets throughout Europe saw investors pile in following the 2008 financial crisis. With the European Central Bank and ...
Fiat money and gold
October 21st, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...
Mercedes increased profits help offset Trucks earnings slump in Daimler Q3 Results
October 21st, 2016
Unit sales 5% above prior-year level at 754,100 vehicles Revenue up by 4% to €38.6 billion Significant increase in Group EBIT to €4,037 million (Q3 2015: €3,661 million) Group EBIT adjusted for special items at highest level to date ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
