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Budget 2014: Practitioners expect revenue-raisers

March 19th, 2014 (0)
TAX PRACTITIONERS expect plenty of revenue-raising activity in today’s Budget, as the chancellor looks to fund spending giveaways for businesses. Capital allowances for major infrastructure projects, announce more support for flood victims, a VAT zero-rating on supplies for exporters ...

Dollar Strengthens as Gold Declines Before Fed Decision

March 19th, 2014 (0)
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...

Egypt President will ‘spare no effort’ to resolve case of Al Jazeera journalist

March 19th, 2014 (0)
Interim Egyptian President Adly Mansour assured the family of imprisoned Australian journalist Peter Greste that he “will spare no effort to work towards the speedy resolution of the case.” Mansour’s pledge was made in a letter to parents Juris ...

China real estate firm at risk of bankruptcy

March 19th, 2014 (0)
  Another one bites the dust: A Chinese real estate developer is on the verge of bankruptcy, and is expected to default on millions in debt — the latest sign the government is willing to let some pawns fall ...

Russia Sounds Alarm on Economy as West Starts With Sanctions

March 18th, 2014 (0)
Russia’s economy is showing signs of a crisis, the government in Moscow said as the U.S. and the European Union announced sanctions over its support for the Crimea region breaking away from Ukraine. “The situation in the economy bears ...

Oscar Pistorius trial enters third week; gun dealer says he knew the law

March 18th, 2014 (0)
Opening a third week of testimony, a gun dealer said South African Olympic athlete Oscar Pistorius had to know gun safety laws before purchasing his firearms and getting his gun licenses. Sean Patrick Rens, who sold guns to Pistorius, ...

U.S. stocks with Russian exposure rally

March 18th, 2014 (0)
The USA’s exposure to Russia isn’t massive by any stretch, but it is increasing, thanks to a growing middle class in Europe that is snapping up U.S. products, such as cars, fast food, soda and snacks. That’s why any ...

Asian Stocks Rally With Nickel on Russia Sanctions

March 18th, 2014 (0)
Asian stocks rebounded, with the the regional index rising from a five-week low, and nickel surged toward a bull market as investors weighed the impact of sanctions against Russia. Gold retreated a second day before the Federal Reserve begins ...

East-West standoff complicates any IMF deal for Ukraine

March 17th, 2014 (0)
Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev’s political importance to the West. ...

Siemens and RWE help European shares steady

March 17th, 2014 (0)
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
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