Posts Tagged ‘ Netherlands ’

Christine Lagarde ‘desperately optimistic’ on Global Economy [VIDEO]

April 18, 2013

Christine Lagarde, IMF managing director told Bloomberg TV‘s Sara Eisen on “Market Makers” today that the ECB has done “an awful lot” to stabilize the Europe’s economy and that, “for the last couple of years, it’s just incredible how much out of its traditional boundaries it has gone.” Christine Lagarde said that, overall, she is “deliberately, decisively, desperately optimistic, yes…I think there’s some good news.” Christine Lagarde also said that the IMF welcomes Japan’s recent monetary policy...
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ING Bank System Breakdown Results Into Wrong Account Balances

By Vikas Shukla

April 5, 2013

Dutch banking giant ING Groep N.V. (NYSE:ING) suffered a system breakdown Wednesday that angered thousands of customers across Netherlands, reports Nos Television. Retail and business customers couldn’t use their direct debit cards, and their online accounts were showing incorrect balances. In many cases, thousands of euros “disappeared” from people’s accounts, while others said their account balances fattened as a result of error. Even people who were not allowed to overdraw, found that their counts...
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Royal Imtech a Hedge Fund Favorite Short, Down 17% Today

By Tabinda Hussain

February 27, 2013

Hedge funds have made ROYAL IMTECH N.V. EO -,80 (FRA:IR3A) their favorite short bet in Netherland’s equities, the aggregate short interest exceeds 9 percent of the company’s outstanding shares. Dan Loeb’s Third Point initiated a 0.8 percent position in ROYAL IMTECH N.V. EO -,80 (FRA:IR3A) back in December which was covered slightly to 0.7 percent in this month. In trading today, Royal Imtech declined more than 17 percent after news broke that the company...
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Move Over Switzerland, Netherlands Is The New Tax Haven

By Marie Cabural

January 23, 2013

Multinational companies including Yahoo! Inc. (NASDAQ:YHOO), Google Inc (NASDAQ:GOOG), Merck & Co., Inc. (NYSE:MRK) and Dell Inc. (NASDAQ:DELL) are taking advantage of the lenient policies and extensive network of tax treaties in Netherlands to divert hundreds of millions of dollars in global profits to reduce their worldwide tax bill. Netherlands emerged as the new tax haven in Europe, according to a report from Bloomberg. Data from the Dutch Central Bank showed that multinational companies funneled €10.2...
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Bill Gates Group Invest $1 Billion In Egypt’s Orascom

By Jacob Wolinsky

January 19, 2013

Bill Gates is making a big investment in Egypt. Bill Gates, along with other investors, are buying a $1 billion stake in OCI NV. Bill Gates is investing in the deal through his firm, Cascade Investment LLC. Other investors in this transaction include Mason Hawkin’s Southeastern Asset Management, and Davis Selected Advisers. OCI N.V. has obtained total commitments in excess of $2 billion from investors. OCI N.V. (Netherlands) announced its intention to launch an exchange offer...
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Facebook Murder Case In Netherlands Solved: 15 Year Old Convicted

By Lennox Yieke

September 4, 2012

The ill famed Facebook murder that took place in the Netherlands a year ago has finally been resolved. According to Dutch media, the victim- Joyce ‘Winsie’ was stabbed to death by Jinhua K at her home. This revelation came to pass after Jinhua himself made a confession, sealing his fate and owning up to his deed. Jinhua, who was 14 at the time of the murder, was sentenced to one year in juvenile detention....
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German Business Optimism Drops For Straight Fourth Month: Ifo Survey

By Vikas Shukla

August 27, 2012

It seems that the Eurozone debt crisis has finally started crushing the backbone of the strongest economy in the region – Germany. A closely watched survey by Ifo shows that the German business confidence has declined more than expected in August. The index for August is down to 102.3 points from 103.2 in July, against analysts’ expectation of 102.6 points. The GDP of Germany grew 0.3 percent during the second quarter. The German economy has done...
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Netherlands Seen to Maintain AAA Credit – Guy Spier (Video)

By Jacob Wolinsky

April 28, 2012

Netherlands Seen to Maintain AAA Credit – Guy Spier (Video) Video streaming by Ustream 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
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