Search Results for: US
HMRC doubles inquiries into self-assessors
May 19th, 2014
The number of taxpayers whose financial affairs HM Revenue & Customs investigated in the past 12 months has almost doubled, in line with the growing haul from such self-assessors. In fact, self-assessment inquiries by the department hit 237,215 people ...
SEC Warns Investors About Marijuana-Related Investments
May 19th, 2014
The U.S. Securities and Exchange Commission cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading in the fifth such company within the past two ...
SocGen Ex-Trader Kerviel Taken in by French Police at Border
May 19th, 2014
Jerome Kerviel, the former Societe Generale SA trader facing prison for a record banking loss, was taken charge of by French police after prosecutors said his failure to turn himself in would have made him a fugitive. More than ...
Putin to boost ties with China
May 19th, 2014
Amid a bitter crisis in relations with the West over Ukraine, Russia’s President Vladimir Putin is moving to bolster ties with China. Russia sees relations with China as a top priority and their ties now are the best ever, ...
FCA warning against clone firms
May 19th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that “Startuploans Ltd” and “Loan-Monarch” are clone firms, thus, are not permitted to provide any financial services or products. Furthermore, FCA points out ...
Oil extends gains above $102 on demand outlook
May 19th, 2014
The price of oil extended gains above $102 a barrel Monday on forecasts of higher global demand. Benchmark U.S. crude for June delivery was up 16 cents to $102.18 a barrel at 0620 GMT in electronic trading on the ...
Deutsche Bank boosts finances with new capital
May 19th, 2014
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. Co-CEO Anshu Jain told analysts Monday that the fresh capital ...
Vodafone’s ‘unpaid tax’
May 19th, 2014
Activism Group UK Uncut has issued a warning to the UK’s largest telecoms company Vodafone over allegedly unpaid corporation tax. The group claims it has “had enough” of the government “sheltering tax-dodging companies” including, it claims, Vodafone. It is ...
AstraZeneca chief executive calls for a tax risk
May 19th, 2014
The US pharmaceutical seeking to acquire UK rival AstraZeneca represents a tax avoidance risk, according to the UK druggist’s chief executive Pascal Soriot. Pfizer, which has proposed a £63bn takeover of the UK business, intends to use the AstraZeneca ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
