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Alibaba IPO Update

16/07/2014(0)
Investors were given an update on the Alibaba IPO on Tuesday, when Yahoo! Inc. (Nasdaq: YHOO) reported second-quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. ... Read More
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U.S. court revives BP retirement-plan suit filed after oil spill

16/07/2014(0)
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP ... Read More
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Apple and IBM in Broad Software Deal for Businesses

16/07/2014(0)
Apple is moving up to business class. And its seatmate will be IBM. In a deal that could deepen Apple’s sales to corporations and strengthen IBM’s position in business ... Read More
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U.S. retail sales, manufacturing data point at firming economy

15/07/2014(0)
A gauge of U.S. consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing. That momentum appeared to ... Read More
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Parliament elects Jean-Claude Juncker as Commission President

15/07/2014(0)
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a ... Read More
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Goldman Sachs earnings rise, beating estimates

15/07/2014(0)
Wall Street powerhouse Goldman Sachs’ earnings rose in the second quarter, defying pessimistic forecasts betting on a sharp drop-off. Strong results in Goldman’s investment banking and investing and lending ... Read More
Alibaba in Hangzhou

Lions Gate, Alibaba to offer joint subscription TV streaming service in China

15/07/2014(0)
Chinese e-commerce giant Alibaba Group Holding and Lions Gate Entertainment Corp, the studio behind the ‘Hunger Games’ films, will launch a subscription streaming service in China, the firms said ... Read More
cbc

Establishment of a Representative Office in Cyprus by Bank Zenit

15/07/2014(0)
The Central Bank of Cyprus acting under the authority vested in it by section 8(1) of the Business of Credit Institutions Laws of 1997 to (No. 4) of 2013, ... Read More
HMRC

HMRC publishes list of suspect tax avoidance schemes

15/07/2014(0)
HM Customs and Revenue (HMRC) has published a list of more than 800 schemes that it believes are deliberately designed to avoid tax. The list consists of a series ... Read More
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Imperial Tobacco to buy U.S. cigarette brands for $7.1 billion

15/07/2014(0)
Imperial Tobacco Group (IMT.L) plans to buy U.S. cigarette brands including Winston and Kool for $7.1 billion as part of Reynolds American’s (RAI.N) $27.4 billion purchase of Lorillard (LO.N). ... Read More
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