Archives
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
Australia 200 – Starting to Enjoy Support from 5500
November 6th, 2014
Australia 200 for Thursday, November 6, 2014 The Australia 200 index has enjoyed a solid resurgence over the last month after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 ...
GM tells court it not liable for claims over pre-bankruptcy cars
November 6th, 2014
General Motors (GM.N) said in a court filing on Wednesday that it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of ...
Stewarts appoints PwC lawyer as first tax litigation chief
November 6th, 2014
Pickstone has experience of acting for large corporates, financial institutions and high-net-worth individuals in tax disputes before the tax tribunals and in court. He said the new group would focus on both commercial tax disputes such as those arising ...
IMF update on the UAE economy
November 6th, 2014
At the conclusion of the visit, Mr. Finger issued the following statement today in Dubai, “Economic recovery has continued at a solid pace, supported by construction, logistics, and hospitality. Ongoing public projects in Abu Dhabi and continued strength in ...
Euro edges higher, stocks sag before ECB meeting
November 6th, 2014
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...
Australia Unemployment Stays Near 12-Year High
November 6th, 2014
Australia’s jobless rate remained at the highest level in almost 12 years, a sign that many businesses are reluctant to hire in an uncertain economic climate and that interest rates may need to stay at record lows for a ...
Emirates NBD Securities wins ‘Mobile Trading Award 2014’ by DFM
November 6th, 2014
The award was presented to Abdulla Al Hosani, General Manager of Emirates NBD Securities, by Hassan Al Serkal, Executive Vice President, Chief Operating Officer (COO), and Head of Operations Division at DFM. Accepting the award, Abdulla Al Hosani, said: ...
MPs urged to back readoption of European arrest warrant
November 6th, 2014
Britain risks becoming a haven for fugitives if MPs fail to endorse the country’s participation in the European arrest warrant (EAW) in a forthcoming parliamentary vote, leading legal, law enforcement and academic figures have warned. The EAW is one ...
Companies sign secret tax deals with Luxembourg: report
November 6th, 2014
More than 300 companies, including PepsiCo Inc(PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. The companies appear to have ...
