By Ian Bell, The Herald Scotland
The more you hear about tax avoidance, the more you pause in wonderment.
You might have heard, for example, that Google made ¬£2.5 billion in revenues in Britain in 2011 but paid only ¬£6 million in corporation tax. Remarkable, you might have thought.
Then you might have been told that the internet [...]
By Marie Beerens, For Investor’s Business Daily
One of the keys to business success is creating win-win situations. Such is the case for Home Loan Servicing Solutions, which was started by key executives of Ocwen Financial a little over a year ago, Ocwen itself and investors, all of whom benefit from the created structure.
Cayman Islands-based Home [...]
By Yap Leng Kuen The Star online
The momentum has been set for the break-up of big investment banks.
UBS’ top officials have agreed to meet activist shareholder Knight Vinke to discuss demands to hive off its investment bank into a separate business.
JP Morgan chief Jamie Dimon is under pressure to surrender some of his power at [...]
Warren Buffett’s Berkshire Hathaway Inc revealed a new investment in Chicago Bridge & Iron Co and said it has added to its largest equity holding, Wells Fargo & Co.
The changes were disclosed in a U.S. Securities and Exchange Commission filing detailing Berkshire’s $85 billion of equity investments listed on U.S. exchanges as of March [...]
By Nicholas Larkin, Bloomberg
The commodities supercycle is probably ending this year as China‚Äôs economic growth slows and the nation focuses less on infrastructure and urbanization, Citigroup Inc. said.
This year will probably signal ‚Äúdeath bells‚ÄĚ for the supercycle, or a longer-than-average period of rising prices, Citigroup said in a report dated yesterday, reiterating similar calls made [...]
‚Ä¶.. he was unable to get access to his vast funds in an offshore account in the Cayman Islands
By Neil Hunter The Northern Echo, UK
The victims of Darlington conman Jonathan Price, who was jailed today, were many and varied. NEIL HUNTER reports
Price met the businesswoman in 2007 – two years before he was jailed [...]