Business – Page 187 – The Saturn Herald

£370m – New Scotland Yard sale raises funds for equipment for officers.

Luxury apartments are planned for the old New Scotland Yard sixties offices having been purchased for £120m more than the asking price by The Abu Dhabi Financial Group. Overlooking Westminster Abbey and close to St James’s Park, the Victoria Street project is expected to yield up to £100 million in stamp duty on the sale…

Bitstamp loses 19000 bitcoins worth £3.3m after a vicious Cyberattack

“Avoid bitcoins for Now”- Gavin Anderson On Monday, 5th January 2015, Security concerns were alarmingly raised at Bitstamp Europe’s leading bitcoin exchange, after an apparent hack that led to the company losing 19,000 bitcoins, worth £ 3.3m. This led to a sharp fall in the price of crypto currency. Bitcoin at its peak, traded for…

Storm caused Aberdeen sleeper hit a tree

Hurricane-force gusts have caused travel disruption and left tens of thousands of homes without power across Scotland. The storm caused the suspension of all ScotRail trains, although some limited services are now running. he majority of services remain suspended, but ScotRail said services between Glasgow Queen Street and Edinburgh Waverley have been restored on a…

Already attacked by big business leaders, George Osborne is planning to crack down on “corporate tax avoidance” and introduce a new tax which avoids the loopholes open to conglomerates such as Google, Starbucks, Facebook and Amazon who have managed to amass huge profits in the UK at the same time as getting praise- laden quotes…

Penny Nair Price Multinational firms have been accused of “Immoral” practices to avoid paying their fair share of tax in UK. Multinationals however use clever accounting to maximize their profits, and say they avoid new tax rules legally. The world’s biggest enterprises including Amazon, Starbucks, Apple, and Google pay minimal tax in Britain. Top…

Yesterday, the crude oil prices potentially falling further below the $50 a barrel signalled severe and eminent stocks plunges across the board, this is bad news for any economy. The FTSE 100 Index fell 130.64 points or 2 per cent to 6417.16 in London, as UK blue-chip firms lost £ 33.2 billion, while mega…

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Kerala gold loan companies hold 200 tonnes of gold jewellery

Gold is the most followed and globally traded commodity as gold is the world’s primary monetary asset. Respected economic historian and author of the “Gloom, Boom and Doom Report,” Dr. Marc Faber has warned about the continuing and coming decline of western economic power and believes that the generation of young people starting to work…

Diety watched over Mumbai for six centuries

Goddess Mumbadevi has watched transition of Mumbai over the past six centuries including the reclamation of the sea, Victoria Terminus station being emerged where her temple precincts once stood. Although her seat and surroundings have changed, the original red sandstone idol remains untouched by the despoliations of time. Bombay was not part of mainland India…