Deloitte & Touche News
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Spanish politicians trying to cushion the blows of austerity plan to seize foreclosed homes to house the needy, discouraging foreign investment and threatening to violate terms of the European bailout of the country’s banks.
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The U.K. government is fighting an unwinnable battle against tax avoidance, lawmakers warned, as they called for greater transparency from companies and more resources to police compliance.
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Turkey’s government submitted a bill to parliament offering an amnesty for repatriation of assets held by Turks abroad.
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Technology and life sciences law firm Fenwick & West LLP elected Richard L. Dickson as chairman effective Jan. 1. He succeeds Gordon Davidson, who has held the post for 18 years and will continue his corporate practice.
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Dubai International Capital LLC hired five executives from Deloitte & Touche LLP as the private equity firm seeks to increase the value of its investments in companies including Mauser AG and Doncasters Group Ltd.
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ASML Holding NV, Europe’s largest semiconductor-equipment supplier, named finance director Peter Wennink chief executive officer as it announced a 1 billion-euro buyback and first-quarter profit that beat estimates.
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A plan to give investors the same level of protection when buying South African investment-grade corporate debt as they get with junk bonds is dividing the nation’s money managers.
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The U.S. regulator for national banks wants Congress to expand the agency’s authority to sanction independent consulting firms for wrongdoing in their work for lenders.
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Banco Angolano de Investimentos SA, Angola’s largest bank by assets, is forecasting 10 percent revenue growth this year as Africa’s second-biggest oil and gas- producing nation expands.
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Deloitte & Touche LLP won dismissal of a lawsuit filed by an Iowa pension fund over the auditing of WG Trading Co., a company that U.S. prosecutors said was used as a Ponzi scheme by two of its former managers.
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