Business
Fatca Compliance Problematic...
World Council of Credit Unions (Woccu) vice-president and chief counsel Michael Edwards believes that credit unions will face severe issues implementing the new US Foreign Account Tax Compliance Act,...
Britain’s Businesses to Be...
British businesses have benefited from a “significant” surge in the amount of loans issues in the last quarter of 2013, according to the Bank of England. Availability of credit has “increased si...
Qantas Credit Rating Cut to...
Australian airline Qantas suffered a damaging financial blow this week as financial ratings firm Moody’s reduced its credit rating to ‘below investment’. The airline had previously issued a warn...
Porsche Faces 1.8 Billion Eu...
Seven hedge funds are suing Porsche chairman Wolfgang Porsche and Ferdinand Piech, a prominent board member, after the company’s failed bid to take over car manufacturer Volkswagen. The well-known G...