Search Results for: assets
India Targets Century-Old Bankruptcy Law to Revive Momentum
October 19th, 2015
Finance Ministry to receive recommendations on law this week To deepen corporate bond market and finance long-term infra Prime Minister Narendra Modi is poised to overhaul Indian bankruptcy laws that date back a century in a bid to get his ...
VW Loses Market Share in Europe as Diesel-Motor Recalls Loom
October 16th, 2015
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as the German carmaker’s market share slipped last month in the ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
The Paradox of Risk: Central Planning Is Linear, Reality Is Non-Linear
October 15th, 2015
You thought it was safe to drive 90 miles an hour on a rain-slicked narrow road while you were tipsy because the airbag would save you, but it still hurts when you crash. I first discussed the Paradox of Risk in ...
$580 million for the acquisition of Independent Broker-Dealer
October 15th, 2015
HD Vest Announces Agreement to be Acquired by Blucora, Inc. Leading Independent Broker-Dealer Enters Next Phase of Evolution as Stand-Alone Firm within FastGrowing, Publicly Traded Holding Company Focused on Technology-Enabled Financial Services Blucora, Inc. announced that it has signed a definitive ...
$50 Oil for 15 Years Isn’t What Scares Bank of Russia Governor
October 15th, 2015
Slow pace of economic overhaul is bigger worry for Nabiullina Russia remains hamstrung by corruption, weak institutions Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina. “What worries me ...
Three Trends Have Radically Redefined the Energy Market
October 14th, 2015
Cheap gas isn’t going away and solar is gaining market share Bloomberg New Energy Finance forecasts `age of plenty’ Michael Liebreich, the founder of Bloomberg New Energy Finance, set out the trends upending the global energy markets and ushering in ...
JP Morgan profit misses expectations
October 14th, 2015
Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts’ expectations. The largest US bank by assets posted a net income of $6.8bn (£4.5bn), up from $5.5bn during the same period ...
GE to sell $30 billion specialty finance business to Wells Fargo
October 13th, 2015
General Electric Co (GE.N) said it will sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co (WFC.N) as the industrial conglomerate shifts its focus back on the manufacturing businesses. The sale ...
The Eurozone Crisis: Crystalizing the Narrative
October 13th, 2015
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus View of the Causesand a Few Possible Solutions, a VoxEU.org book ...
