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business / finance news stories aggregated by FeedZilla.com

Thu, 29 Jul 2010 2:05:59 PM EST


Partnerships doing business in the U.S. are responsible for making tax payments of 35% of income allocated to foreign partners. These payments are due quarterly, with final payment due with the partnership return. Withholding tax payments of 30% are also d... (source: E-Zine) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

America's grasshopper generation which includes every citizen of voting age following the greatest generation is facing adversity at almost every turn. Their refusal to even modify their addictive consumption habits guarantees the next two or three generat... (source: E-Zine) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

Expelling gas is less offensive than bringing up a discussion of taxes. To test this reaction I don't suggest you try the first; just try to open a public conversation about taxes. (source: E-Zine) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

Despite signs of economic recovery, most U.S. companies are not planning to restore executive pay cuts or freezes made during the economic crisis in the next six months. (source: Watson Wyatt) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

A survey by Watson Wyatt found that the number of companies that use target-date or lifecycle funds as their default investment option has increased sharply in the last few years, from 38 percent in 2006* to 62 percent today. (source: Watson Wyatt) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

A vast majority of employers anticipate that health care reform, if enacted, will lead to higher health care costs and weaken their role in providing coverage to workers. (source: Watson Wyatt) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com

Kuwait's Investment Dar has said a Kuwaiti court has granted the country's central bank four more months to submit a report on the Islamic investment firm's debt restructuring plan, Reuters has reported. Dar, which has been trying to restructure about KD1b... (source: AME) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com

Dubai Investments, the largest investment company listed on the Dubai Financial Market, reported a 32% decline in second-quarter profit as investment income dropped. Net income fell to Dhs196.3m ($53m) from Dhs287m a year earlier, the company said in a sta... (source: AME) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

MILLIONAIRE racehorse fancier Nathan Tinkler is expected to finally get Australia's largest float of 2010 away, with his latest coal play, Aston Resources, expected out of the stalls. (source: The Australian) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

THE State Government appears committed to floating QR National on the stock exchange later this year rather than accepting a $5 billion cash offer. (source: The Australian) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

AUSTRALIA'S share market has snapped a four-day winning streak, after finishing a little weaker despite gains to miners and banks. (source: The Australian) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

Bahrain-based Gulf International Investment has been shut down by authorities over alleged violations, Gulf Daily News has reported. Authorities did not provide details on whether the closure was temporary or permanent. GII is an investment firm that raise... (source: AME) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

Good reaction: Chemical company Ineos raised ?870m on the high-yield market The European high-yield market was, for years, driven by leveraged buyout activity. Now corporates are accessing the market in their own right. So, is European high yield coming of... (source: The Banker) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

The cranes in Spain: a collapse in Spain's property market has created significant difficulties for the country's financial institutions Once considered one of the better-placed survivors of the financial crisis, the property bubble bursting in Spain has h... (source: The Banker) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com

Many Western banks are rebounding from the huge losses of 2008 and have strengthened their grasp on the top of the rankings, but elsewhere the pain is just beginning. Philip Alexander reports. (source: The Banker) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com

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