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Europe closes in on tax havens; Austria agrees to swap bank data
ReutersBRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland. "It's a bad day for tax cheats,...Tags: Werner Faymann, Luxembourg, Swiss Confederation, Angela Merkel, International Organizations
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CANADA STOCKS-TSX may open higher ahead of Fed minutes, Bernanke
ReutersMay 22 (Reuters) - Canada's main stock index looked set to open higher on Wednesday on hopes that the U.S. Federal Reserve will continue with its monetary easing policy, ahead of the release of minutes of its May meeting and testimony from U.S. Federal...Tags: Central Bank, Loblaw Companies Limited, Barack Obama, U.S. House of Representatives, Federal Reserve
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Manipulation probe draws attention to oil firms' trading desks
Reuters* Disclosure levels at oil majors lags those of secretive traders * Risk appetite bigger at top Wall Street banks * Pressure for stricter oversight rises both in US, EU By Dmitry Zhdannikov and Claire Milhench LONDON, May 22 (Reuters) - Europe's...Tags: Global Energy Incorporated, Prices, Petroleum Industry, Glencore International AG, Politics
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Russian banker has his eye on Europe
ReutersMOSCOW (Reuters) - Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged with his partners as an asset consolidator after the global crash of 2008 forced Western...Tags: Economy, Business and Finance, Banking, Financial Markets, Morgan Stanley Dean Witter & Company, Global Expansion
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Iran bars candidates for presidential election
ReutersDUBAI (Reuters) - Iranian authorities barred two potentially powerful and disruptive candidates from running in next month's presidential election on Tuesday, ensuring a contest largely among hardliners loyal to the clerical supreme leader. Akbar Hashemi...Tags: Iran, U.S. Department of State, Yasmin (drug), Elections, Ruhollah Khomeini
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RPT-EU leaders look to end Apple-style tax avoidance schemes
Reuters* European leaders meet to discuss tax, energy policy * Tax avoidance schemes by major companies on agenda * EU loses 1 trillion euros a year to tax avoidance, evasion By Luke Baker and Mark John BRUSSELS/PARIS, May 21 (Reuters) - Growing concern in...Tags: Republic of Ireland, Paris (France), Politics, Starbucks Corp., Google Inc.
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RPT-Shale gas, energy costs vex EU leaders
Reuters* Energy trade deficit is 400 billion euros * Shale gas complicated in EU, could weaken Russian position * Single energy market should improve cross-border flows By Barbara Lewis BRUSSELS, May 21 (Reuters) - European leaders will discuss plans to...Tags: Republic of Ireland, Parliament, Petroleum Industry, European Parliament, Russia
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India's April Iran oil imports drop 34.2 pct vs March -trade
Reuters* Iran 7th biggest oil supplier to India in Jan-Apr vs 3rd yr ago * Should bolster case for fresh waiver from sanctions on Tehran * Oil imports from Latin America doubled in Jan-Apr vs yr ago * Total crude imports in April at 3.9 mln bpd, up about 8...Tags: Iran, New Delhi (India), India, China, Tehran (Iran)
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CORRECTED-EU mission seeks to rebuild Mali army after U.S. faltered
Reuters(Corrects number of Malian troops to be trained from 2,100 to 2,800, paragraph 11) * EU mission piecing army back together, one battalion at a time * Army imploded last year despite years of U.S. training * EU focus on building units and restoring...Tags: U.S. Department of State, Armed Forces, United Nations, Civil Rights, Justice and Rights
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EU mission seeks to rebuild Mali army after U.S. faltered
ReutersKOULIKORO, Mali (Reuters) - Under a blazing sun and the critical gaze of British and Irish instructors, a line of 11 Malian soldiers lie prone in the dust firing AK-47 rounds at targets, one-by-one. "One out of 10 - not very good," Captain Ibrahim...Tags: U.S. Department of State, Armed Forces, United Nations, Civil Rights, Justice and Rights
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Japan's central bank keeps policy unchanged, says economy 'picking up,' as trade deficit grows
AP Business WriterTOKYO (AP) — Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month. The Bank of Japan...Tags: Nuclear Power, Japan, Central Bank, Tokyo Electric Power Co., Petroleum Industry
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Italy to outline youth jobs plan as government struggles
ReutersROME (Reuters) - Italy's new government, already sinking in opinion polls and riven by internal disputes, on Wednesday lays out its plans to address one of the main causes of public anger - soaring unemployment among young people. But the left-right...Tags: Japan, Enrico Letta, Labor Legislation, Italy, Elections
May 22, 2013
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May 22, 2013
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May 22, 2013
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