Wednesday, June 29, 2022

Stocks in London Feel the pain as economy shrinks

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UK stocks fell on Wednesday after data showed the economy contracted in March at a pace never seen before as the coronavirus crisis escalated,...
Tax Tech

The Future Role Of Technology In Tax Compliance And Reporting

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Over the last few years, there has been an increased use of technology by the tax authorities and taxpayers alike. This article points to...

Euro zone put a halt on credit as fresh pandemic arises again

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Euro zone banks are tightening access to corporate credit amid a resurgence of the coronavirus pandemic, fresh data showed on Tuesday, adding to already...
Turkish Economy

Turkey’s Writing Cheques It Can’t Cash

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After his party faced stinging defeats in mayoral elections in Ankara and Istanbul last month, Turkish President Recep Tayyip Erdogan promised a “strong economic...

European investment dive raises fears for future growth

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Investment in the eurozone has plummeted in recent weeks, creating a drag on the continent’s economy that economists warn is likely to last even...

Shockwaves As EU’s top judges failed to properly scrutinise the European Central Bank’

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Germany’s constitutional court sent shockwaves through Europe last week by ruling that the German government and the EU’s top judges failed to properly scrutinise...
UK

Renewed Interest In British Equity funds

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Investors have put money into UK equities for the first time in almost three months for the week ending Wednesday, as tumult in Westminster...

BP comes back into profit despite pandemic uncertainty

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BP BP.L swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and continued to...

South Africa calls for $25bn financial stimulus through IMF

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South Africa’s president Cyril Ramaphosa unveiled fiscal spending worth a tenth of the country’s output, including a first ever request for an IMF loan,...

Commerzbank takes bigger hit on loans from Wirecard than Covid-19 debt

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Commerzbank took a greater hit from the collapse of Wirecard in the second quarter than from the economic fallout of the coronavirus pandemic, according...

EU looks to markets to absorb bank loans hit by coronavirus

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The European Union is developing plans for markets to help banks offload a “resurgence” in coronavirus-hit loans and avoid choking economic recovery, the bloc’s...
Sinvesting

EUROPE LEADS THE WAY TOWARDS SUSTAINABLE FINANCE

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Europe’s ambitious Action Plan puts forth 10 specific action points to make European financial markets more sustainable and climate-resilient. The European Commission’s Action Plan...

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