Archives
Leading Japanese shipping line to introduce its own digital currency
November 22nd, 2018
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said. The goal is to make it easier for seafaring workers to manage, send and ...
British law firms are enjoying increased profits; Brexit and the Big Four the challenges
November 22nd, 2018
British law firms are enjoying increased profits per partner and are optimistic about future commercial prospects despite the impact of Brexit and the threat of the Big Four accountancy firms, according to a recent survey. The Crowe’s Law Firm ...
Switzerland gearing up for corporate tax changes
November 22nd, 2018
The Swiss Government has announced that, in preparation for a major overhaul of the tax system, existing practices on the taxation of principal companies and finance branches will not be applied to new companies as of 2019. The Government’s ...
European stocks bounce back after global equity sell-off
November 22nd, 2018
European stocks closed higher Wednesday, clawing their way back from sharp losses sustained in the previous session. The pan-European Stoxx 600 finished provisionally up 1.2 percent during the day’s deals, with all sectors and major bourses in positive territory. ...
An overview of small and medium-sized enterprises in Europe
November 21st, 2018
Small and medium-sized enterprises (SMEs) — in other words, enterprises with less than 250 persons employed — are often referred to as the backbone of the European economy, providing jobs and growth opportunities. In 2015, the overwhelming majority (92.8 ...
No end in sight for Crypto sell-off as Bitcoin approaches $4,000
November 21st, 2018
Turmoil engulfed cryptocurrency markets again on Tuesday, with every major coin extending a rout that’s rocked confidence in the nascent asset class just as U.S. regulators try to close in on alleged fraud. Bitcoin fell as much as 13 ...
Oil bounced by around $1 a barrel; Investors remained on edge
November 21st, 2018
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But ...
LatAm stocks, currencies down as tepid investor appetite weighs
November 21st, 2018
Latin American currencies and stocks extended losses on Tuesday, swept up in a global sell-off fueled by concerns of slowing global growth and investors pivoting toward safer assets in the developed world. MSCI’s indexes of Latin America stocks and ...
Breaking: Cyprus Investment Firm license suspended
November 20th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform investors that on November 20, 2018, decided to suspend in whole the license of a Cyprus Investment Firm. In accordance CySEC’s announcement, the authorisation of the ...
Two Initial Coin Offering issuers settle registration charges
November 20th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against two companies that sold digital tokens in initial coin offerings (ICOs). These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations. Both companies ...
