Search Results for: US
Saxo Bank: Product Update May 2014
May 5th, 2014
Saxo Bank is proud to offer Stock Options in May 2014 By enabling its direct clients with Stock Options, Saxo increases its multi asset offer. Saxo Bank clients will have access to the top 200 most liquid Stock Options ...
IRS announces two-year FATCA enforcement transition period
May 5th, 2014
Foreign financial institutions that make a good-faith effort to comply with the requirements of the Foreign Account Tax Compliance Act (FATCA) will benefit from lighter enforcement during 2014 and 2015, the IRS announced on Friday (Notice 2014-33). The IRS ...
Portions of conflict minerals rule stayed by SEC
May 5th, 2014
Companies will not have to explicitly declare whether their products contain minerals that originated in mines in the Democratic Republic of Congo or its neighboring countries, according to the SEC. The SEC issued an order Friday staying the effective ...
Oil price increases as Ukraine fear outweighs China data
May 5th, 2014
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...
Court case on streaming TV threatens to cloud our online equality
May 5th, 2014
American Broadcasting Services v Aereo could potentially be viewed as a human rights issue rather than a copyright dispute It is a very big court case about a tiny object. The American broadcasting industry is ferociously interested in its ...
Hong Kong Collected Record Tax Revenue In 2013-14
May 5th, 2014
Hong Kong’s Commissioner of Inland Revenue Wong Kuen-fai has announced that the Inland Revenue Department (IRD) set another annual record and collected HKD243.5bn (USD31.4bn) in tax revenue in 2013-14, showing an increase of HKD1.4bn, or 1 percent, over its ...
Tax Is the New Black for Foreign Takeovers
May 2nd, 2014
U.S. pharmaceuticals company Pfizer has augmented its attempt to buy AstraZeneca, the U.K.’s second-biggest drug maker, with a letter to Prime Minister David Cameron. The missive, as well as reminding us that meddling politicians still view takeovers as being ...
A Case of Piketty Fever at the OECD
May 2nd, 2014
The French economist Thomas Piketty has become something of a rock star with his recent book on inequality, and now the Organization of Economic Cooperation and Development has embraced his data and ideas in a freshly-issued report. The think ...
Advisers concerned about capacity to meet demand
May 2nd, 2014
Accountants are concerned that they will fail to cope with client demands as the economy improves, according to a new survey. Six in ten (61%) of advisers believe they might not have the capacity to meet to meet increasing ...
AstraZeneca rejects the bid from Pfizer
May 2nd, 2014
The board of pharmaceutical company AstraZeneca on Friday flatly rejected drug maker Pfizer’s sweetened takeover offer just hours after it was levelled, describing it as inadequate. Pfizer Inc., the maker of Viagra, offered 50 pounds ($84) a share in ...