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Weak data, Italian bank woes pressure European stocks

  Bloomberg European stocks fell on weak British and eurozone manufacturing data and worries about the health of Italian banks. Equities elsewhere were mixed, with the Dow in the US retreating slightly as oil prices fell but the tech-rich Nasdaq finishing higher. The Japanese Nikkei pushed higher for a second straight session. London slid 0.5 percent after a survey showed ...

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Luxembourg appeals verdicts in LuxLeaks scam

  Luxembourg / AFP Luxembourg has lodged an appeal against the sentences handed down to three LuxLeaks whistleblowers who exposed the small duchy’s huge tax breaks for giant multinationals, the justice department said Tuesday. “The state prosecutor lodged a general appeal at the end of last week,” spokesman Henri Eippers said. Former PricewaterhouseCoopers employees Antoine Deltour and Raphael Halet were ...

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UAE top investment destination for GCC

  Abu Dhabi / WAM The UAE has maintained its position as a top investment destination for citizens of the Gulf Cooperation Council (GCC) with 1,899 new licenses granted to GCC citizens to practice economic activities during 2015, leading to a total of 19,803 licenses by the end of 2015. Commercial licenses made the top of the economic activities’ list, with a ...

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