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Business - Page 389

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French report on HSBC tax case points to $5 bln in undeclared funds

France needs to beef up its methods for fighting tax evasion, according to a parliamentary report on a tax probe into HSBC that revealed $5 billion of undeclared assets across thousands of

10th July 2013
Business

Lazio, Genoa and eight players reported over match-fixing

Italian Serie A clubs Lazio and Genoa, lower league side Lecce and eight players have been referred to a disciplinary tribunal over allegations of match-fixing in the 2010/11 season, the Italian football

10th July 2013
Business

Greek labour unions to strike over public sector job cuts

Greek workers will walk off the job in a 24-hour general strike next week, unions said on Wednesday, in the first major protest against the government's latest plan to cut thousands of

10th July 2013
Business

New Egypt prime minister to start forming cabinet

Egypt's new interim Prime Minister Hazem el-Beblawi said he would start work on forming his new cabinet on Wednesday, first meeting liberal leaders Mohamed ElBaradei and Ziad Bahaa-Eldin. Beblawi told Reuters he

10th July 2013
Business

Burberry maintains year guidance as Q1 sales rise

British luxury brand Burberry maintained its full-year guidance as it posted an 18 percent rise in first quarter underlying retail revenue, driven by robust demand for spring/summer fashion. The 157-year-old seller of

10th July 2013
Business

Berlusconi’s final tax fraud appeal hearing set for July 30

Former Italian prime minister Silvio Berlusconi's final appeal against a prison term and a ban for tax fraud is expected to be heard in court on July 30, much earlier than expected,

10th July 2013
Business

Microsoft reports hackings linked to report by Google researcher

Microsoft Corp said hackers have attacked some computers by exploiting a bug in Windows first disclosed two months ago by a Google Inc researcher, who came under fire at the time for

10th July 2013
Business

Malta cancels migrant flights after European court order

Malta cancelled two flights to return migrants to Libya after the European Court of Human Rights issued an interim measure banning repatriation. The court's written decision was handed to Prime Minister Joseph

10th July 2013
Business

Asian shares track Wall Street gains, worries over China

Asian shares gained on Tuesday, taking heart from a rally on Wall Street spurred by strong U.S. job data last week, while the U.S. dollar held near a three-year high against a

9th July 2013
Business

M&S looks for new clothing strategy, sales fall

British retailer Marks & Spencer on Tuesday posted an eighth consecutive quarterly fall in underlying sales of general merchandise, though the outcome did represent a slowing in the rate of decline. The

9th July 2013
Business
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