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SRA: Solicitor struck off for dishonestly misusing client money
April 15th, 2014
The Solicitors Regulation Authority has issued a press released informing that a solicitor has been struck off for failing to handle properly funds that clients had entrusted to him. Ashok Kumar Sancheti was struck off by the Solicitors Disciplinary Tribunal (SDT) ...
Income tax rises across OECD
April 14th, 2014
Personal income tax has risen in 25 of the 34 OECD nations over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, the body has ...
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
How about… A Global Tax on the Superrich?
April 14th, 2014
Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s richest person is doing everything in his power to decrease ...
Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks
April 14th, 2014
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
Is Wal-Mart Heading to An Organic Empire To Fuel Its Wild Oats Rollout?
April 14th, 2014
Wal-Mart’s bold entry into the booming organic food market sets a lofty goal for the company: offering a wide range of products bearing the coveted USDA certified organic seal at stores across the United States. But experts say that ...
Amazon.com To Acquire comiXology, A Digital Comics Company, As Retailer Seeks To Expand In Online Publishing
April 11th, 2014
Amazon.com (NASDAQ:AMZN) announced Thursday that it has reached an agreement to acquire comiXology, a seller of digital comics, for an undisclosed amount. New York-based comiXology offers graphic novels from more than 75 publishers as well as individual contributors. And, ...
China consumer prices rise, but industry deflation persists
April 11th, 2014
China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in the world’s second-largest economy. The consumer price index (CPI) rose ...
ASIC: Former Portfolio manager pleads guilty to misusing his position
April 11th, 2014
ASIC has released a warning informing that a former Vanguard Investments Australia Limited portfolio manager pleaded guilty in the Supreme Court of Victoria to making improper use of his position. Mark Hildebrandt was employed by Vanguard, which acts as ...
31% of businesses expect to grow through M&A in next 3 years
April 11th, 2014
The Grant Thornton International Business Report (IBR) reveals that global M&A activity has risen from this time last year, with dynamic businesses leading the way. The results confirm that leaders of the world’s most progressive businesses view acquisitions as ...
