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Without US support, multinational tax crackdowns will fail

January 29th, 2015 (0)
It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers they are able to reduce ...

$11 Billion Wiped From Greek Banks on Nationalization Threat

January 29th, 2015 (0)
The amount that investors gave Greek lenders last year was wiped off in three days of trading amid the threat of greater government control. In a bid to boost balance sheets, the nation’s banks raised more than $11.5 billion ...

Asian shares skid as bullish Fed take investors by surprise

January 29th, 2015 (0)
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...

Greek finance minister: ‘End the vicious cycle’

January 28th, 2015 (0)
Greece‘ s newly elected government will look to “end the vicious cycle” of bailout and borrowing that has persisted through years of financial crisis, Finance Minister Yanis Varoufakis told CNBC on Tuesday. Varoufakis is a member of the Cabinet ...

Latham & Watkins published on various legal developments in the field of securities law in France

January 28th, 2015 (0)
Securities Law in France: 9 Recent Legal Developments In the last six months, various legal developments have taken place in the field of securities law in France. 1. The Law of 29 March 2014 introduced certain legal and regulatory provisions ...

FXCM announcement on Negative Balances

January 28th, 2015 (0)
FXCM issued a press release informing that: Forgives Majority of Clients Who Incurred Negative Balances FXCM Inc. (NYSE:FXCM), announced today its decision to forgive approximately 90% of its clients who incurred negative balances in certain jurisdictions, on January 15, ...

2014 Mining and Metals deal volume and value lowest in 10 years

January 28th, 2015 (0)
Deal volume in the global mining and metals sector reached a 10-year low in 2014, with transactions driven by divestments and forced sales in the face of falling commodity prices and risk-averse capital markets.   EY analysis released today ...

Swiss to Compensate Workers Hurt by Franc

January 28th, 2015 (0)
The Swiss government said it will compensate employees forced to work fewer hours at companies hit by the sharp appreciation of the Swiss franc, marking the first domestic political action aimed at cushioning the impact of recent currency moves. ...

Markets decline on weak economic data and disappointing earnings reports

January 28th, 2015 (0)
US stocks recorded their biggest decline in three weeks on Tuesday after an unexpected drop in durable-goods orders and disappointing earnings reports from Microsoft Corp. and Caterpillar Inc. The durable-goods orders fell 3.4% in December instead of a small ...

Russian Ruble Weakens on Threat of New Sanctions

January 28th, 2015 (0)
The Russian ruble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. At 07:38 ...
Broker Cyprus TopFX