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European regulator urges forcing big firms to reveal how much tax they pay
John O'Donnell - 24 May 2013 EUROPE'S top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax ...
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How new technology is changing the way we fly
Aer Lingus , among others, is in the final phase of testing on its new wifi service. Internet will soon be available on its long-haul aircraft and all of its short-haul routes should offer the facility by 2014.Technology is also changing the way we shop for flights. Consulting firm McKinsey recently estimated that online travel sales generate about $100bn (EUR77bn) annually, one-third of all ...
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Pump ESM funds into banks – Chopra
Governor of the Central Bank Patrick Honohan with former IMF mission chief for Ireland Ajai Chopra at the conference on bank-resolution mechanisms, held at the Institute of Bankers in Dublin's North Wall ...
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Markets post heavy losses amid slow growth fears
Thomas Molloy - 24 May 2013 Stock markets fell sharply yesterday as surprisingly weak data from China and Europe raised worries about slow growth a day after US Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that has buoyed investor ...
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No guarantee of peace North Korean envoy warns China
of China (CPC) Central Committee, meets with North Korean envoy Choe Ryong Hae in Beijing, China. On a visit to repair ties with China and waiting to meet its leader, Choe paid deference Thursday to hopes by the North's chief ally for renewed multinational nuclear talks. (AP Photo/Xinhua, Xie Huanchi) NO ...
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15-year-old held in deaths of 2 younger siblings
A teenager was arrested Thursday in the deaths of his two younger brothers, ages 4 and 10, at the family home in a Utah subdivision of new homes and tidy lawns, police said. Davis County Sheriff Todd Richardson said authorities believe the boys died from knife wounds. It appears the 15-year-old boy acted alone, he said. (AP Photo/Rick ...
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We are expecting the Pound to strengthen against the Euro
In your opinion should we expect any major impact on the nation's currency in the short and in a long term? We are expecting the Pound to strengthen against the Euro, primarily due to the fact that the Eurozone's currency will weaken over the course of the next six months as we are expecting the crisis in the Euro bloc to re-escalate to a certain degree. We definitely expect the ...
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IRS replaces official who revealed targeting
replaced as director the Internal Revenue Service division that oversaw agents who targeted tea party groups. Danny Werfel, the agency's new acting commissioner, told IRS employees in an email Thursday, May 23, 2013, that he has selected a new acting head of the division, staying within the IRS to find new leadership. (AP Photo/J. Scott ...
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Gov. Christie co-hosting Today to promote N.J. shore
Sarah Palin as political figures who have been guest co-hosts on the morning show. Christie has spent this week as promoter-in-chief with a series of events designed to boost tourism ahead of Memorial Day weekend, when crowds usually start flowing to the beach. The show is to be broadcast from Seaside Heights, where the storm swept ...
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Some unions now angry about health care overhaul
WASHINGTON (AP) -- When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest ...
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Britains FTSE steadies after worst day in a year
Fri May 24, 2013 4:02am EDT * FTSE 100 flat after Thursday's 2.1 pct slump * Investors jittery ahead of long weekend * Morgan Stanley downgrades Next on valuation By Toni Vorobyova LONDON, May 24 (Reuters) - Britain's leading shares steadied on Friday after their steepest fall in a year in the previous session, with central bankers offering some reassurance that stimulus will stay for a ...
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Police Suicidal jumpers fall kills SKorean girl
South Korea (AP) -- South Korean police say a suicidal man jumping to his death killed a 5-year-old girl by falling on her as she walked with her parents outside the apartment building. ...
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Eurozone crisis live Japan closes higher after wild day of trading
The Japanese market suffered another turbulent session after Thursday's dive - dropping as much as 3.5% in the afternoon - but stabilised to close 0.9% ...
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Draghi We Need More Not Less Europe
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that. In his speech at a gala dinner in London's financial center on Thursday, Draghi told the audience that the ECB had prevented market "panic and...financial meltdown." "We can ...
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5 climbers missing on worlds 3rd highest mountain
KATMANDU, Nepal – A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain. Bad weather on Mount Kanchenjunga was hampering a search and preventing a rescue helicopter from reaching the base camp. Mountaineering Department official Dipendra Poudel said Friday the climbers were descending from the summit when they were believed to have ...
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In Iowa GOPs Walker preps for presidential run
Scott Walker tried to introduce himself to Iowa Republicans Thursday as so many would-be presidential candidates often do -- one of their own. After all, ...
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Actress Bynes arrested in NYC on marijuana charge
apartment building on West 47th Street at about 7:40 p.m. Thursday. Police say a building official called police to complain that Bynes was smoking marijuana and rolling a joint in the building's lobby. The officers went to Bynes' apartment where they saw heavy smoke and a bong, which Bynes then threw out the window in front of the officers. Bynes was arrested on charges of reckless ...
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5.7-magnitude earthquake shakes Northern California
GREENVILLE (AP) — An earthquake that struck Northern California’s Plumas County with a preliminary magnitude of 5.7 was felt by residents of ...
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Sociedad aim to bounce back in Euro race
Real Sociedad will have to recover quickly from the news that their coach Philippe Montanier will leave to join Rennes at the end of the season as they face Real Madrid in a crucial match in their quest to claim the fourth and final UEFA Champions League place from La ...
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Euro zone more stable needs a more European UK
euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union ...
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Euro Advances Versus Yen Before German Data as Stocks Rebound
May 24 (Bloomberg) -- The euro rose against the yen, paring a weekly decline, before German data that may show business confidence bottomed out after a two-month decline. Europe's currency was set for a weekly advance versus the dollar after a private report yesterday showed a gauge of the region's ...
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Researchers to be living on the moon NASA
View Photo Reuters/Reuters - The moon is pictured above Earth in this handout photo courtesy of Col. Chris Hadfield of the Canadian Space Agency. REUTERS/CSA/Col. Chris ...
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ECB cant solve euro zone crisis alone Weidmann
Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools. Speaking in Paris, Weidmann declined to comment on U.S. Federal Reserve chairman ...
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Once prominent swim coach gets 7 years for sex abuse
ROCKVILLE, Md. (AP) -- A once-prominent swimming coach who trained thousands of children was sentenced to seven years in prison Thursday for sexually abusing one of the girls he ...
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Woman 87 loses to billionaire Trump in civil case
View Photo Associated Press/M. Spencer Green, File - FILE - In this May 14, 2013 file photo, Donald Trump arrives at federal court in Chicago to testify at a civil trial where he is accused of cheating an ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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