Search Results for: European Union
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
Ryanair reported €1,242 million profits
May 23rd, 2016
Ryanair has reported a 43% jump in full year profits to €1,242 million. The increase was driven by a number of factors including an 18% rise in traffic to 106 million passengers, a five percentage point increase in load ...
Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid
May 23rd, 2016
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil prices. The London FTSE index is called to open 1 point higher ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
EU Lays Down the Law on Tax Deals as Apple Probe Continues
May 20th, 2016
EU regulator clarifies rules for profit-shifting arrangements Transactions between units should be at market prices The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid ...
EU to compile blacklist of tax havens
May 20th, 2016
European Union finance ministers will agree next week to draw up a common list of tax havens and sanctions against them, according to a draft EU document, part of a crackdown on tax evasion by companies and wealthy individuals. ...
Greek Pipeline Breakthrough To Challenge Russian Gas Dominance
May 19th, 2016
After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large ...
New domestic and EU laws will stub out menthol cigarettes and 10-packs from tomorrow
May 19th, 2016
Smokers are in for a bitter cocktail of regulation tomorrow as EU and UK laws come into force, phasing out 10-packs, menthol cigarettes and introducing new plain packaging rules. Manufacturers will be banned from producing 10-packs of cigarettes under ...
Brexit will have ‘short-term’ impact on travel industry: Amadeus CFO
May 18th, 2016
In spite of the warnings of dire economic consequences if the U.K. opted to leave the European Union, one industrial sector is expected to emerge relatively unscathed: the travel industry. The chief financial officer of travel technology website Amadeus ...
