Search Results for: VAT
Home Depot profit beats estimates as U.S. job market improves
November 18th, 2014
Home Depot Inc, the world’s No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations. The company reaffirmed its 2014 sales growth forecast of about 4.8 percent and ...
Government to announce curbs on gold import very soon: Sources
November 18th, 2014
In the wake of surge in gold imports, the government would soon impose some curbs on the inward shipment of the metal to prevent current account deficit (CAD) from going out of hand. “Things are being worked out by the Finance Ministry and ...
Global markets ‘living on borrowed time’: Wilbur Ross
November 17th, 2014
Global financial markets are living on borrowed time with geopolitical crises and deflationary risks still a concern, private-equity billionaire Wilbur Ross told CNBC. “I think are living on borrowed time because investors have no alternatives,” the chairman and ...
Deloitte starts up £25m fund for employees
November 17th, 2014
BIG FOUR accountancy firm Deloitte today announced it had started a £25m internal investment fund to allow its employees to create their own startup businesses. If their idea is chosen, employees will be given funding and allowed to work ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Bank of Canada is Keeping a Close Eye on E-Money
November 14th, 2014
The Bank of Canada is keeping a close eye on the risks posed by new forms of electronic money, given that the Bank’s job is to issue currency, promote financial stability and oversee Canada’s payment systems, Senior Deputy Governor ...
ASIC proposes to cut red tape and encourage more electronic disclosure
November 14th, 2014
ASIC is seeking feedback on proposals to make it easier for businesses to deliver financial services disclosures electronically while preserving choice for consumers. Our proposals also encourage the use of more innovative formats for Product Disclosure Statements. ASIC today ...
Oracle, SAP settle long-running TomorrowNow lawsuit
November 14th, 2014
Oracle Corp and SAP SE have settled long-running copyright litigation for $356.7 million over improper downloads of Oracle files, ending a fierce legal battle between the two enterprise software rivals. The case involved SAP’s TomorrowNow unit, which the German company bought to ...
New Payment Systems Regulator sets out how it will regulate the £75 trillion industry
November 14th, 2014
The new Payment Systems Regulator (PSR) today sets out how it proposes to regulate the £75 trillion payments industry when it becomes fully operational on 1 April 2015. The proposals will further the PSR’s three objectives: to promote competition, ...
China Stocks Fall on Last Day Before Link Start as Brokers Drop
November 14th, 2014
Chinese stocks fell on the last trading day before the start of the trading link between Hong Kong and Shanghai amid concern recent rallies were excessive. China Communications Construction Co. (601800) and ChinaCAMC Engineering Co. led declines for industrial companies with losses of more than 3 ...
