Euro

Top court approves France’s 75% tax on rich Fallback Image Decorative pattern

Economic Indicators

Top court approves France’s 75% tax on rich

Those in France earning more than €1 million will be subject to a 75% tax, now that the country’s top court ruled the measure constitutional, reports the BBC.

By Staff |January 3, 2014

1 min read

U.S. shutdown a cornucopia for Eurozone stocks Fallback Image Decorative pattern

Industry

U.S. shutdown a cornucopia for Eurozone stocks

Eurozone stocks have outperformed U.S. stocks since the U.S. government shutdown began October 1, according to Russell Indexes.

By Staff |October 11, 2013

2 min read

Companies rethink banking partnerships Fallback Image Decorative pattern

Industry

Companies rethink banking partnerships

The number of bank relationships is in a state of flux, with most companies now using between two and five banking partners, creating intense industry competition, finds a survey by gtnews, a global financial information resource.

By Staff |October 1, 2013

2 min read

Libor to stay under London’s control Fallback Image Decorative pattern

Industry

Libor to stay under London’s control

Control of the Libor benchmark may not move from London to Paris, according to a draft EU law, the Financial Times reports.

By Staff |September 11, 2013

1 min read