Search Results for: VAT
UK blocks €5bn Russian North Sea deal
October 16th, 2014
The UK has blocked a €5bn deal by Russian billionaire Mikhail Fridman to acquire gas fields in the North Sea, as even private Russian companies with no connection to Russian president Vladimir Putin’s inner circle fall victim to the ...
Lloyd’s sells €1.1bn of bad bank to Lone Star
October 16th, 2014
Lloyds has jettisoned €1.1bn (£883m) of bad bank. Lloyds Banking Group, which is partly owned by the UK government, has sold its Irish residential home loans to Lone Star, a US private equity group. Lloyds’s Irish operation was heavily ...
Multiple companies to launch on Qatar Exchange
October 16th, 2014
Multiple companies are preparing to launch initial public offers on the Qatar Exchange in the coming months, the CEO of the bourse has reported. Rashid bin Ali Al Mansoori told the exchange was working with the companies to complete ...
FMA: New Zealanders underestimate investment risk and prefer lower risk investment options
October 15th, 2014
Research conducted for the Financial Markets Authority (FMA) shows Kiwis are switched-on about straightforward, low-risk investment options. But when responding to questions about investments with more risk, people are far less confident. The FMA ran the survey as part ...
Grandfathers with a future
October 15th, 2014
Diversification has proven to be, over time, the most successful investment strategy. For this purpose, the best tool that can someone use to achieve diversification is nowadays, ETFs. What are ETFs ETFs or Exchange Traded Funds are similar to ...
French bank turns to Twitter for money transfers
October 14th, 2014
One of France’s largest banks,Groupe BPCE, launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc. (TWTR.N). Groupe BPCE , France’s second largest bank by customers, is an ...
In Court, Lawyer Calls E.C.B. Bond Plan ‘an Egregious Extension’ of Powers
October 14th, 2014
In legal news, Europe’s highest appeals court began hearing arguments on Tuesday morning on a suit that aims to block a European Central Bank bond-buying program that has never been deployed — but whose mere announcement two years ago ...
$20 Billion Property Trusts in India halted by Tax Rules
October 14th, 2014
The Indian government has announced rules for setting up real estate investment trusts, vehicles that may spur $20 billion of property development. None of the money will be spent unless the country’s tax code is revised. “REITs cannot take ...
Abigail Johnson Named CEO of Fidelity Investments
October 14th, 2014
Fidelity Investments is getting its first new chief executive since the Carter administration. In a memo to employees, the nation’s second-largest fund manager said Monday that it named Abigail Johnson, its 52-year-old president, to the additional post of CEO. ...
Moscow Exchange Signs Cooperation Agreement with Bank of China
October 13th, 2014
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an ...
