Europe

tax_income1

Brussels orders EU countries to claw back ‘illegal’ tax rulings

22/10/2015(0)
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat ... Read More
volkswagen-scandal

EU countries warn of Volkswagen scandal fallout

21/10/2015(0)
Several EU member states including major automaker France will urge Europe’s pollution regulator to thoroughly assess the consequences of the Volkswagen emission scandal, according to a document seen by ... Read More
china-uk

London Wants to Become the Center of Chinese Currency Trading

20/10/2015(0)
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had ... Read More
Credit Suisse

Deutsche Bank, Credit Suisse Set to Scale Back Global Ambitions

20/10/2015(0)
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing ... Read More
volkswagen-scandal

VW Loses Market Share in Europe as Diesel-Motor Recalls Loom

16/10/2015(0)
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 ... Read More
global

The Common Reporting Standard: Automatic Information Exchange Goes Global

16/10/2015(0)
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, ... Read More
bitcoin-cryptocurrency

Bitcoin exchange Cubits launches instant no-fees crypto donation service for refugees arriving in Germany

07/10/2015(0)
German bitcoin exchange and wallet provider Cubits is offering a charitable donation service in Bitcoin, to help deal with the current refugee crisis in Europe – minus credit card ... Read More
EU Commission

Investment Plan for Europe goes global: China announces its contribution to #investEU

29/09/2015(0)
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU ... Read More
pimco headquarters

Pimco Joins BlackRock Bond Manager Predicting ECB Will Expand QE

25/09/2015(0)
Pimco sees increase in amount or duration of ECB buying BlackRock’s Krautzberger says ECB may `intensify’ purchases Europe’s biggest bond funds are queuing up to predict that the European Central Bank ... Read More
Chinese-notes-RMB

China Cannot Let This Happen

24/09/2015(0)
After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending ... Read More
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