Search Results for: VAT
Russia Deposit Fight Sees Foreign Banks Seeking New Clients
March 19th, 2015
Oksana Semenikhina, a customer of Citigroup Inc.’s Russian unit for the past decade, got an offer from the lender this year that she couldn’t pass up. “They offered to open a ruble term deposit for me at 9 percent ...
Commerzbank publishes 2014 Annual Report
March 18th, 2015
In the 2014 financial year Commerzbank attained an operating profit of EUR 684 million. The net profit of the Bank increased in the year under review to EUR 264 million, following on from EUR 81 million in the previous ...
Investors Waiting for Consumer Profits to Match Share Price Hype
March 18th, 2015
The plunge in oil that drained energy shares was also supposed to boost disposable income for consumers. Companies from automakers to retailers are still waiting to see that trickle down to their bottom lines. That poses a risk ...
Isle of Man Preparing to Pass Digital Currency Regulatory Framework
March 17th, 2015
The Isle of Man wants to become a leading Bitcoin hub and attract digital fintech businesses, entrepreneurs and developers, Business Insider reports. The government of the tiny island is about to pass a new regulatory framework to create a true paradise ...
Debunking $1.4 Trillion Europe Debt Myth in Post-Heta Age
March 17th, 2015
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard warning. Austria is the first country to wind down a ...
SafeCharge announced Record Financial Results
March 17th, 2015
SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announced its maiden preliminary results for the full year ended 31 December 2014. Financial highlights Revenues up 78% to US$76.9 ...
Moscow Exchange launches Chinese Renminbi futures
March 17th, 2015
From 17 March the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian rouble The launch has been driven by a substantially increasing Renminbi turnover on the Exchange, growing volume of settlement in the currency between Russia and China as well as newly ...
ASIC: Two men sentenced in Australia’s largest insider trading case
March 17th, 2015
Joint media release with The Hon Josh Frydenberg, Assistant Treasurer and The Hon Kelly O’Dwyer, Parliamentary Secretary to the Treasurer Two men were sentenced to jail terms of 7 years and 3 months, and 3 years and 3 months ...
Bank of Japan: Statement on Monetary Policy
March 17th, 2015
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will ...
Greece Grabs Cash as More Than $2 Billion in Payouts Loom
March 17th, 2015
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout funding and locked out of capital markets, the government will ...
