Search Results for: tax
IBM hire advisers to deal with restless investors – sources
April 3rd, 2015
Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman’s Pershing Square and Jeffrey Ubben’s ValueAct, ...
Antitrust and Other Inquiries in Europe Target U.S. Tech Giants
April 3rd, 2015
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...
Greece tells creditors it will run out of cash on April 9
April 2nd, 2015
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...
Playtech forays into FX trading market with $224 million buy
April 2nd, 2015
Gambling technology company Playtech (PTEC.L) is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million). Playtech provides software used in sports betting and online ...
Chinese shares end mixed after volatile trading session
March 31st, 2015
Markets in China ended mixed following a volatile trading session on Tuesday in spite of moves by the government to boost its economy. The Shanghai Composite closed down 1% at 3,747.90, while Hong Kong’s Hang Seng index rose 0.2% to 24,900.89. ...
Hong Kong Rules Out Bitcoin Regulation
March 31st, 2015
As virtual currencies, such as Bitcoin, are not widely circulated in Hong Kong, the Government has said there is currently no need to introduce legislation to regulate virtual commodities trading. Responding to lawmakers’ questions in the Legislative Council, Secretary ...
Greek government proposes measures worth 3.7 bln
March 31st, 2015
Revenues boost from monitoring deposits abroad and from sell-offs such as Piraeus port, regional airports The government’s list of reforms submitted to the country’s creditors provides for revenues of 3.7 billion euros this year, according to sources. The measures ...
Greek PM puts opposition on spot, reveals little on reform list, creditor talks
March 31st, 2015
As representatives of the Greek government and the country’s international creditors continued tough talks on a proposed list of Greek reforms in Brussels, Prime Minister Alexis Tsipras addressed Parliament in a speech that attacked the political opposition and failed ...
Yanis Varoufakis calls for end to ‘toxic blame game’
March 30th, 2015
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list of economic reforms to present to its international creditors. The ...
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
