Search Results for: Allen
Ukraine crisis: NATO suspends cooperation with Moscow
April 2nd, 2014
NATO will suspend “all practical civilian and military cooperation” with Russia because of its annexation of Crimea, saying it has seen no sign that Moscow was withdrawing troops from the Ukrainian border. Foreign ministers from the 28 members of ...
ACCA research disputes corporate tax base erosion
April 2nd, 2014
RESEARCH commissioned by ACCA has found “extensive evidence” that the corporate income tax system is not broken, and is not being eroded. The paper, produced by Australia’s RMIT University School of Economics, Finance and Marketing, asserted that there is ...
European Stocks Climb After Weekly Gain; Novartis Gains
March 31st, 2014
European stocks rose, after the biggest weekly gain in more than a month, as investors awaited economic data out of Europe and America later this week. U.S. stock-index futures and Asian shares climbed. Novartis AG advanced 2.8 percent after ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
‘Big six’ face competition inquiry
March 27th, 2014
Regulators will investigate whether the “big six” UK energy suppliers are preventing effective competition in the UK energy market. The investigation will be by the Competition and Markets Authority (CMA) and is expected to take 18 months. Regulators have ...
HMRC debt recovery powers will need to be ‘bomb-proof’
March 26th, 2014
IT WAS SOMETHING of a slow burner, but once people noticed HMRC may be granted the power to directly deduct tax owed from debtors, the concerns began to surface. Ethical issues were raised over the legitimacy of such a ...
USD/JPY stays directionless
March 26th, 2014
Pair’s Outlook Regardless of constant attempts to break the 20 and 55-day SMAs, the resistance stands its ground and does not let the currency pair to rally. Still, given that the support at 102.07/00 is intact and most ...
Why Companies Suffer Large, Unexpected Credit Losses
March 26th, 2014
For companies that sell business-to-business products and services, many things can contribute to a company incurring a loss from a bad debt. The most important factor is probably the quality of the organization’s finance and credit management process. But ...
Co-op Bank to raise £400m as losses widen
March 24th, 2014
Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct TROUBLED LENDER the Co-operative Bank was plunged deeper into crisis today after it revealed it needs to raise another £400m of capital following the ...