Search Results for: assets
Russia Sounds Alarm on Economy as West Starts With Sanctions
March 18th, 2014
Russia’s economy is showing signs of a crisis, the government in Moscow said as the U.S. and the European Union announced sanctions over its support for the Crimea region breaking away from Ukraine. “The situation in the economy bears ...
U.S. stocks with Russian exposure rally
March 18th, 2014
The USA’s exposure to Russia isn’t massive by any stretch, but it is increasing, thanks to a growing middle class in Europe that is snapping up U.S. products, such as cars, fast food, soda and snacks. That’s why any ...
HMRC ramps up asset seizures to pay VAT bills
March 18th, 2014
THE AMOUNT of companies that have had assets seized and sold by HM Revenue & Customs in order to settle VAT bills rose significantly during the recession. According to data obtained by finance provider Syscap, the incidence of asset ...
Asian Stocks Rally With Nickel on Russia Sanctions
March 18th, 2014
Asian stocks rebounded, with the the regional index rising from a five-week low, and nickel surged toward a bull market as investors weighed the impact of sanctions against Russia. Gold retreated a second day before the Federal Reserve begins ...
GECAS may spend $4 billion on ship, chopper investments: CEO
March 17th, 2014
GECAS, the world’s largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio – a potential move that reflects concerns over the value of some current jets. ...
Speculators See Gold Gaining With Wheat on Ukraine: Commodities
March 17th, 2014
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities. Speculators have the biggest bet on a ...
ACCA launches certificate for small business reporting standard
March 17th, 2014
A QUALIFICATION has been launched to develop accountants’ understanding of IFRS for SMEs by the ACCA. The certificate, which comprises an online course and test, is designed to provide members with an understanding of the concepts of IFRS for ...
Moscow stocks higher after Crimea votes to join Russia
March 17th, 2014
Russian shares opened higher on Monday after Ukraine’s Crimea region voted in favour of joining Russia, as local investors shrugged off threatened Western sanctions believing they would be largely symbolic. At 0745 GMT the dollar-denominated RTS index .IRTS was ...
Motorola Sues 12 Defendants In Kong Kong For $5.26B, Including A Fugitive Turkish Family Charged With Embezzlement Of Funds
March 17th, 2014
Motorola (NYSE:MSI) has sued 12 defendants in a Hong Kong court, including a fugitive Turkish family, three Hong Kong-based companies and a British national, seeking $5.26 billion in damages for embezzlement of funds in a case that can be ...
Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax
March 14th, 2014
The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up ...
