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OECD Tax Proposals Tighten Screws on Multinationals - 16 September 2014

The Organisation for Economic Cooperation and Development (OECD) has published a package of draft rules and progress reports in the latest stage of the campaign to update international tax rules ...

China Crackdowns Deter Foreign Investment - 16 September 2014

China is finding it increasingly difficult to attract foreign investors, according to the latest data from the country’s ministry of commerce ...

New Capital ‘Transforming the Reinsurance Market’ - 16 September 2014

Around US$20bn of new capital has entered the reinsurance market in the past two years, through investments in insurance-linked securities (ILS), funds and the special purpose vehicles dubbed ‘sidecars’ ...

AIG Launches Cyber Cover for UK’s SMEs - 16 September 2014

Insurer AIG has partnered with cyber security company IASME Consortium and insurance broker Sutcliffe & Co to launch a cyber product for the UK’s small and medium enterprises ...

Chinese ETFs Closed to New Investors - 15 September 2014

Strong international demand for Chinese equities has forced some providers of exchange traded funds (ETFs), including Deutsche Bank, to close products to new investment, reports the Financial Times ...

Companies ‘Don’t Realise Value of Procurement’ - 15 September 2014

Only one in 10 chief financial officers (CFOs) have been engaged successfully and recognise the value and contribution of their procurement team, while measurement of procurement value is not uniform suggest a survey ...

TeraExchange Launches Bitcoin Derivatives Trading - 15 September 2014

TeraExchange, a swap execution facility (SEF) registered with the US Commodity Futures Trading Commission (CFTC), has launched the first regulated platform for bitcoin derivatives and a spot bitcoin price index ...

Chile and Peru Cut Rates to Revive Growth - 12 September 2014

Chile and Peru have cut borrowing costs to the lowest levels since 2011 as policy makers in both Latin American countries seek to stimulate growth in economies expanding at the slowest pace in at least four years ...

RadioShack Warns that Bankruptcy Possible - 12 September 2014

US electronic retailer RadioShack warned that it might have to file for bankruptcy protection, or even liquidate, in the absence of a cash injection
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Australia ‘Must Grasp Nettle of Tax Reform’ - 12 September 2014

Australia’s government must introduce widespread tax reform or face a prolonged period of sluggish wage growth and poor productivity, according to outgoing Australian Treasury secretary Dr Martin Parkinson ...

Skrill Launches Digital Payments for Marketplaces - 12 September 2014

European online payments and digital wallets specialist Skrill is launching its payments solution for digital marketplaces, which the company says will enable them to move money quickly from one customer to another ...

Bank of England sees Bitcoin as Potential Threat - 11 September 2014

The Bank of England (BoE) warned that the growing popularity of bitcoin could threaten the financial stability of the United Kingdom (UK) over time if the virtual currency gains mass acceptance ...