Search Results for: UBS AG
DOTAS ‘kiss of death’ for tax avoidance schemes
August 5th, 2014
The Dotas regime has become the “kiss of death” for tax avoidance schemes and has pushed some promoters into providing non-DOTAS structures instead. The Disclosure of Tax Avoidance Schemes (DOTAS) sees anyone entering into a scheme generating tax savings ...
Daimler says assisting Chinese authorities in investigation
August 5th, 2014
Daimler AG’s (DAIGn.DE) luxury brand Mercedes-Benz said it is cooperating with China’s anti-monopoly authorities over an investigation into unspecified matters, after local Chinese media reported the German automaker’s Shanghai office had been raided. “We confirm that we are assisting ...
Technical Analysis USD/JPY supported at 102.50
August 5th, 2014
Technical Analysis USD/JPY for August 04, 2014 Pair’s Outlook The support provided by the 200-day SMA and weekly PP proved to be weaker than initially expected, as the upward momentum is not gaining traction. Nevertheless, the long-term outlook remains ...
LinkedIn, U.S. Labor Dept settle overtime case for $6 million
August 5th, 2014
LinkedIn Corp (LNKD.N) agreed to pay about $6 million in back overtime and damages to 359 current and former employees after a U.S. Department of Labor investigation found the online career networking company violated the country’s wage law. In ...
China’s Fosun unveils $441 million cash bid for Australian ROC Oil
August 4th, 2014
The proposed “merger of equals” between Australian exploration and production companies ROC Oil and Horizon Oil has been scotched by China’s Fosun International, which has emerged with a A$474 million ($441 million) takeover offer for ROC. ROC said Monday ...
Kenyatta Sees Kenya Windfall Tax in Resource Laws in Months
August 4th, 2014
Kenya will impose capital-gains and windfall taxes on oil, gas and mining companies within months to ensure the East African nation maximizes benefits from its mineral resources, President Uhuru Kenyatta said. “This is something that we are very clear ...
Technical Analysis USD/CHF stepped away from 0.91
August 4th, 2014
Technical Analysis USD/CHF for August 04, 2014 Pair’s Outlook The pair retreated some 30 pips after an impressive bullish run from Jul 15, but managed to stabilise before falling down to 0.90. Given that the near-term indicators are bullish, ...
Technical Analysis GBP/USD targets monthly S1
August 4th, 2014
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling. If this tendency continues, the support at ...
SEC Seeks $1.41 Billion from Wyly Brothers For Fraud
August 4th, 2014
The Securities and Exchange Commission is seeking damages totaling $1.41 billion from Texas tycoon Sam Wyly and the estate of his late brother Charles for their role in a plan to conceal trades in companies they controlled by using ...
Russian Carrier to Suspend Flights due to European sanctions
August 4th, 2014
Sanctions imposed on Russia by the European Union have led the Russian state carrier Aeroflot to suspend all flights according to its announcement on Sunday. The sanctions, announced on Tuesday, said the subsidiary, Dobrolet, “facilitates the integration of the ...
