The Economy Continues To Send A Ton Of Bearish Signals
Source: BusinessInsider
Brussels :: Belgium | updated 2013-05-18 03:30:57 -0700 | business-news
It has long been our underlying thesis that the huge amount of household debt accumulated during the housing boom would inhibit consumer spending and economic growth for some time to come, and this is what has been happening over the...
Data Commissioner defends light-touch regulation
Source: Independent
Brussels :: Belgium | updated 2013-05-17 22:17:47 -0700 | business-news
Billy Hawkes and the rest of his team have been criticised for pursuing what has been described as "light touch" regulation of the likes of Facebook and Google and how they handle customer data. Speaking in Dublin, Mr Hawkes said...
NTMA unsure of future help from ECB when Ireland exits bailout
Source: Independent
Brussels :: Belgium | updated 2013-05-17 22:17:44 -0700 | business-news
That's despite Michael Noonan giving his strongest hint yet that he wants to avail of the ECB's so-called "outright monetary transactions" (OMT) support scheme when the Irish bailout ends in December. At an event in Brussels on Monday, the Finance...
SyrianAir booked out as war imperils roads
Source: The Daily Star
Brussels :: Belgium | updated 2013-05-17 18:23:27 -0700 | business-news
Passengers disembark from a SyrianAir plane at Qamishli airport in the northeastern Syrian city, near the border with Turkey. International sanctions have piled up against SyrianAir but the carrier is operating at full capacity as civil war has made domestic...
Fiji to meet requirements
Source: Fiji Times
Brussels :: Belgium | updated 2013-05-17 14:24:21 -0700 | business-news
Pacific that has to meet market access regulations set up by the EU before necessary steps are taken by the European body to ratify the Economic Partnership Agreement in October, 2014. Head of the EU delegation to the Pacific Andrew...
Service offer on partnership
Source: Fiji Times
Brussels :: Belgium | updated 2013-05-17 14:24:38 -0700 | business-news
Head of the EU delegation to the Pacific Andrew Jacobs said it would include a service chapter in its negotiations with PICs. "What we are not ready to do is conclude negotiations on an agreement which essentially covers trade and...
Huawei warns of 'strong action' against possible EU probe
Source: Chinadaily
Brussels :: Belgium | updated 2013-05-17 22:07:26 -0700 | business-news
The EU said this week it may investigate claims that Huawei and rival Chinese telecom company ZTE Corp had been paid unfair subsidies, allowing them to flood markets with cheap equipment. But Huawei's top executive in Western Europe told China...
Will an Anti-Monopoly Case Punish Europe's Oil Companies?
Source: The Motley Fool
Brussels :: Belgium | updated 2013-05-17 11:47:13 -0700 | business-news
Joshua is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Reports are out that the European commission is investigating a number of major oil companies for...
Senator seeks probe into impact of alleged EU oil price manipulation
Source: Turks and Caicos Free Press
Brussels :: Belgium | updated 2013-05-17 13:17:31 -0700 | business-news
Senator Ron Wyden (D-OR) speaks to the media after the Democratic policy luncheon on Capitol Hill in Washington on December 18, 2012. The chairman of the Senate's energy committee asked the Justice Department on Friday to investigate whether alleged price...
EU bonus cap could hit 10 times as many London bankers
Source: The Globe & Mail
Brussels :: Belgium | updated 2013-05-17 11:38:04 -0700 | business-news
EDT Barclays Bank paid 1,338 staff members more than £500,000 last year. European Union officials will next week propose capping financial sector pay above 500,000 ($659,000), accountancy firm PricewaterhouseCoopers (PwC) said on Friday, suggesting the world's most stringent curbs for...
Swiss set to tackle divisive fiscal reform
Source: SwissInfo
Brussels :: Belgium | updated 2013-05-17 09:59:55 -0700 | business-news
Corporate taxes Under pressure from the European Union the Swiss government has outlined plans to scrap controversial tax privileges for international companies. But the reform risks undermining the complex federal fiscal system and lead to an important drop in revenue....
Swiss propose corporate tax reforms after EU pressure
Source: Reuters
Brussels :: Belgium | updated 2013-05-17 07:40:20 -0700 | business-news
Analysis & Opinion The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. Switzerland outlined plans on Friday to reform the way it taxes companies as it...
Canadian dollar tumbles amid weaker-than-expected inflation data
Source: The Globe & Mail
Brussels :: Belgium | updated 2013-05-17 17:04:04 -0700 | business-news
The Canadian dollar was lower Friday as Statistics Canada reported that consumer prices rose last month at the slowest rate since October 2009...The federal agency says the annual inflation rate dipped six-tenths of a point to 0.4 per cent, below...
European Auto Sales Rebound, but With an Asterisk
Source: The New York Times
Brussels :: Belgium | updated 2013-05-17 06:12:20 -0700 | business-news
European auto sales broke an 18-month losing streak in April, industry data showed Friday. But don't pop open the Champagne just yet: The uptick was mostly a trick of the calendar. New passenger car registrations in the 27-nation European Union...
Govt looking to set up feeder fund for IDFs: FM
Source: The Economic Times
Brussels :: Belgium | updated 2013-05-17 05:46:46 -0700 | business-news
Govt is exploring the possibility of setting up a London-listed 'feeder fund' for Infrastructure Debt Funds ( IDFs ), and is looking to work with the UK on increasing institutional investments in the sector, said Finance Minister P Chidambaram ....
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