9 December, 2014 by The TZ Newswire Staff Comments Off on Currencies: Yen up against dollar, euro on risk aversion
Currencies: Yen up against dollar, euro on risk aversion
Yen rises to ¥118, but focus remains on Shanghai shares, and more risk-averse moves are possible say analysts.
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9 December, 2014 by The TZ Newswire Staff Comments Off on US envoy defends Facebook over tax
US envoy defends Facebook over tax
The U.S. ambassador to London said U.S. companies were doing nothing wrong by using legal means to cut U.K. tax bills, the FT reports.
9 December, 2014 by The TZ Newswire Staff Comments Off on Standard Chartered extends U.S. sanctions compliance deal
Standard Chartered extends U.S. sanctions compliance deal
Standard Chartered has agreed to extend deferred prosecution agreements with U.S. authorities over the bank’s compliance with sanctions on Iran and other countries. The DPA deal with the U.S. Department …
9 December, 2014 by The TZ Newswire Staff Comments Off on Qatari bid for Canary Wharf owner Songbird wins more support
Qatari bid for Canary Wharf owner Songbird wins more support
The Qatari-led group attempting a takeover of Songbird Estates , owner of the Canary Wharf financial district in London, said another shareholder had pledged support to take total acceptances to nearly …
9 December, 2014 by The TZ Newswire Staff Comments Off on BMW Group November deliveries rise 7.6 percent on China demand
BMW Group November deliveries rise 7.6 percent on China demand
BMW Group said deliveries of BMW, Mini and Rolls-Royce cars rose 7.6 percent in November to 188,342 thanks to a continued strong demand in China and a 20 percent rise of its BMW and Mini sales in the UK. …
9 December, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: New leak shows extent of Luxembourg corporate-tax deals
The Wall Street Journal: New leak shows extent of Luxembourg corporate-tax deals
Cache of secret tax documents released Tuesday show how Luxembourg has helped multinational companies cut their tax bills, a second major leak that could add to pressure on the Grand Duchy.
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9 December, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Crude-oil futures lose gains as traders book profits
Futures Movers: Crude-oil futures lose gains as traders book profits
Technical buying emerged for oil, but those gains are now fading as traders take profits.