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Business - Page 391

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Credit Suisse sees maximum $94 mln hit from UK tax deal

Swiss bank Credit Suisse said on Friday it sees a maximum hit of 90 million Swiss francs ($94.1 million) from a British-Swiss tax deal aimed at sweeping Swiss banks clean of undeclared

5th July 2013
Business

Sentences for cyber crime and snooping to be tougher across EU

EU lawmakers agreed on Thursday to toughen criminal penalties across the European Union for cyber attacks, especially those that include harming critical national infrastructure and hijacking computers to steal sensitive data. The

5th July 2013
Business

German finmin says euro can resist political turmoil

German Finance Minister Wolfgang Schaeuble dismissed fears that the euro zone crisis might be starting up again amid political turmoil in Portugal and pressure on Greece, saying on Thursday that the euro

5th July 2013
Business

Hollande shuns fight with protected jobs as EU pressure builds

It looks like a bread line in Soviet Russia, but the queue snaking away from Paris's Opera Garnier house on a Saturday night is full of tourists waiting for a different sort

5th July 2013
Business

Asian shares buoyed by ECB, BoE policy signals

Asian stocks rose on Friday, while sterling hit a five-week low, after two of Europe's most important central banks surprised the market by assuring investors they were in no hurry to wind

5th July 2013
Business

El Greco “Saint Dominic” fetches £9.2 mln at Sotheby’s sale

An unprecedented level of bids and buys from new markets propelled Sotheby’s sale in London of Old Master & British Paintings to GBP 35 mln on Wednesday. Collectors from 33 countries took

4th July 2013
Business

IoD Cyprus: Getting rid of ‘what can we get away with’

* IoD Cyprus: Alan Waring launches his book on governance and risk management Boards and individual directors and executives can no longer take a ‘what can we get away with?’ attitude towards

4th July 2013
Business

Resorts Casino and PokerStars to launch iGaming in Atlantic City

Resorts Casino Hotel and The Rational Group, operator of PokerStars, the world's largest online poker site, have reached an agreement to provide online gaming in New Jersey. The agreement links the first

4th July 2013
Business

Draghi says rates will remain low for extended period

European Central Bank policy will keep interest rates at current or lower levels for an extended period of time, ECB President Mario Draghi said on Thursday, giving financial markets the clearest guidance

4th July 2013
Business

British Airways gets first Airbus A380 in fleet upgrade

British Airways welcomed its first Airbus A380 jet, the world's biggest commercial aircraft, on Thursday, part of a $15 billion upgrade to top-of-the-range planes that it hopes will give it a boost

4th July 2013
Business
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