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Economy

Switzerland buries US tax law

Jun 19 2013 19:57

Swiss lawmakers dealt a death blow to a draft law aiming to protect the country's banks from criminal charges in the US for helping wealthy Americans evade tax.

    Financial Services

    UK backs jail time for reckless bankers

    Jun 19 2013 17:28

    Britain has supported a call for bankers who are reckless with customers' or taxpayers' money to face criminal charges and have bonuses and pensions clawed back.

    Economy

    Ranks of the rich swelling - report

    Jun 18 2013 20:15

    The number of millionaires globally jumped to 12 million, in part because of simultaneous strength in the stock, bond and real estate markets, a study shows.

    Economy

    Tax evasion, bank secrecy: G8 talks tough

    Jun 16 2013 11:32

    Tax evasion and banking secrecy could be the focus of strong statements at the G8 meeting, according to a report.

    Economy

    Tax raid tarnishes India's gold industry

    Jun 14 2013 20:01

    A tax raid on one of the biggest gold traders has tarnished the reputation of an industry worth more than $70bn a year, a report states.

    Economy

    UK power prices may fall

    Jun 14 2013 19:12

    British power prices may fall after its electricity market links more closely with others in Europe later this year, one of the project leaders says.

    Economy

    Outlook better for global food markets

    Jun 14 2013 10:42

    The overall outlook for supplies of basic food commodities to global markets has improved since poor wheat harvest and tight conditions a year ago, says the UN.

    Economy

    A surefire bet?

    Jun 14 2013 07:34

    Tobacco heavyweights are jumping on the e-cigarette bandwagon.

    Economy

    Swiss upper chamber approves US tax deal

    Jun 12 2013 18:04

    The Swiss upper house of parliament has backed a bill that would let Swiss banks hand over information to the US authorities to help settle a tax evasion disputes.

    Economy

    Iraq to get $6trn from new energy plan

    Jun 12 2013 17:56

    Iraq has unveiled an ambitious energy strategy that aims to see it raise $6 trillion from oil and gas sales and massively increase local power generation.

    Economy

    India intervenes to stop rupee fall

    Jun 12 2013 17:53

    India's central bank has intervened to curb the slide of the rupee after it skidded to new lifetime lows, a government official says.

    Inside Fin24.com

     
    Economy

    Broader bank data swap in tax dodge fight

    Jun 12 2013 15:31

    The European Commission has proposed to expand customer information banks must surrender to EU authorities as momentum grows to clamp down on tax dodging.

    Economy

    Electricity market shake-up looms in UK

    Jun 12 2013 11:36

    Britain's energy watchdog has proposed changes to prise open the grip of big suppliers on the wholesale electricity market to give consumers more choice.

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