The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile … Read more
Banks and fund managers want the European stock trading day shortened by 90 minutes in a radical move they say would improve market efficiency and … Read more
Hong Kong has fallen into recession, hit by more than five months of anti-government protests that show no signs of relenting, and is unlikely to … Read more
The British pound skidded on Thursday after Northern Ireland’s Democratic Unionist Party said it could not support the Brexit deal as it currently stands.
Sterling … Read more
Facebook’s proposed global digital currency has suffered a setback after major payment companies including Mastercard, Visa and eBay pulled out.
Stripe and Latin American payments … Read more
A measure in a draft of a fiscal decree set to be linked to the government’s 2020 budget bill would enable the tax authorities to … Read more
Romania’s industry “undergoes recession”, Raiffeisen Bank’s chief economist Ionut Dumitru said at a conference, adding that other sectors perform comparatively better.
The slowdown experienced by … Read more
Hong Kong may have lost as much as $4 billion in deposits to rival financial hub Singapore between June and August as political unrest escalated … Read more
European companies are heading for their worst quarterly earnings in three years as revenue drops for the first time since early 2018, according to the … Read more
Greek Finance Minister Christos Staikouras (2-R) Minister of Infrastructure and Transportation Kostas Karamanlis (R), Vice President of EIB Andrew Macdowell (2-L) and Athens regional governor … Read more
EU countries lost €137 billion in VAT revenues in 2017, Malta registers large decrease in VAT losses
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today.
The so-called ‘VAT … Read more
Ireland’s services sector last month grew at its slowest rate since January, a survey showed on Wednesday, as the impact of rising uncertainty around Brexit … Read more