Search Results for: UBS AG
Google Isn’t Paying the ‘Google Tax’
February 19th, 2016
Close to four years ago, Europe began to notice that some of the world’s biggest technology companies were paying minimal tax on the billions of dollars they earned across the continent. Among those the U.K. and other governments criticized ...
The Central Bank of the I.R. of Iran announced that SWIFT completes the on-boarding process for Iranian banks
February 18th, 2016
Following the historic event of implementation of Joint Comprehensive Plan of Action (JCPOA) agreed by the 5+1 countries on January 16th 2016, the Central Bank of the I.R. of Iran started the plan of SWIFT rejoining process for all Iranian ...
Brent crude and WTI: Oil prices waver as Iran casts doubt on production cut deal
February 17th, 2016
Oil prices wavered this morning, dipping in and out of the red, as speculation swirled around oil markets over whether a deal between Saudi Arabia and Russia to freeze output at January levels would lead to a broader production ...
7 Asian Banks Investigating Bitcoin and Blockchain Tech
February 17th, 2016
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...
The UAE is offering India free oil
February 16th, 2016
UAE will stock 6 million barrels of oil in one compartment of Mangalore facility. Of this, 0.5 million tonnes will belong to India and it can use it in emergencies. In a first of its kind deal, UAE’s national ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
Iran resumes oil export to Europe after 5-year-halt
February 15th, 2016
Iran has shipped crude oil to Europe for the first time in five years just a month after world powers lifted sanctions on Tehran in step with the landmark nuclear deal reached last July. The oil shipment to Europe ...
New tax scandal as Ikea ‘avoids paying £775 Million in taxes using onshore havens’
February 15th, 2016
FURNITURE giant Ikea has been accused of underpaying a staggering €1 billion (£773 million) in taxes between 2009 and 2014. The Swedish firm is under scrutiny for using “onshore European tax havens”, according to a members of the European ...
KPI Kuwait said oil prices could reach a range of $50 to $60 a barrel by mid-2017
February 15th, 2016
Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency and Reuters reported. The agency quoted the company’s top executive Bakheet Al-Rashidi as ...
A Dysfunctional EU: What Future?
February 12th, 2016
Many believe that the European Union is, and can only ever be, a force for good and that the 500-plus million citizens of its 28 Member States should be eternally grateful for all the myriad of benefits that they ...
