Economy

EY Report Reconfirms Citizenship of St Kitts and Nevis is Not Residence - CS Global Partners

EY provides four primary tests to establish tax residency, which it draws from the OECD Model Tax Convention on Income and on Capital. These are: having a physical presence in a country for a minimum amount of time, for example just over half the days in the year; having a permanent home available in a country; having a centre of vital interests there; and having a habitual abode in a

Charter Court Financial Services Statement Re Possible Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART), DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION THIS IS AN ANNOUNCEMENT OF A POSSIBLE OFFER UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE ‘CODE’). THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER

BXA Token Listing on Global Cryptocurrency Exchange 'BITHOLIC'

SINGAPORE, March 4, 2019 /PRNewswire/ — BITHOLIC, a Singapore based global cryptocurrency exchange, is planning to list BXA token on its trading platform in March 2019. BXA token has been issued by BXA(Blockchain Exchange Alliance) of which a founder Kim Byung Gun is the biggest shareholder of Korea”s No.1 cryptocurrency exchange Bithumb. BXA is going to combine exchanges from different countries into one and apply various financial services such as wire

CogX Announces HSBC as Headline Sponsor, Its New Home in King's Cross and Support of the UN's Global Goals

The CogX Festival takes over 200,000 square feet of the King”s Cross neighbourhood and, for the first time, adds support of 2030 Vision (https://www.2030vision.com) and embracing its mission to use technology to deliver the UN Sustainable Development Goals CognitionX (https://cognitionx.com) today announced HSBC, one of the largest banking organisations in the world, as the headline sponsor of CogX 2019 (www.CogX.co), its annual Festival of AI, Blockchain and Emerging Technologies. Taking

Bilfinger and Egyptian Maintenance Company (EMC) Sign a Memorandum of Understanding to Deliver Advanced Maintenance and Modernization Solutions and Accelerate Growth

Strategic Cooperation to drive deployment of advanced maintenance, modernization and digitalization solutions Agreement to enhance both companies” growth opportunities in the country”s hydrocarbon, energy and industrial sectors Bilfinger, the engineering and industrial solutions powerhouse and Egyptian Maintenance Company, the country”s leading maintenance solutions provider signed a Memorandum of Understanding to establish a Strategic Cooperation aimed at positioning both Companies to accelerate growth in the maintenance and modernization.      (Photo: https://mma.prnewswire.com/media/799022/Bilfinger_EMC_01.jpg

The Increasing Use of Smart Devices is Driving the Global Mobile Payment Market Growth

FinancialBuzz.com News Commentary Mobile payment platforms have become widely popular around the globe as a result of their simplicity and accessibility. Consumers can just open their mobile devices and make, or transfer, payments in the palm of their hands. Many financial institutions have diversified themselves and launched mobile banking platforms for their consumers. Meanwhile, many retailers are adopting mobile payment solutions for ease of payment transactions, causing the industry to

Dutch Retailer HEMA to Accelerate Expansion in GCC

Acquisition of HEMA by Ramphastos to support growth strategy   Parties have announced that Ramphastos Investments (”Ramphastos”), the investment company of entrepreneur Marcel Boekhoorn, intends to acquire HEMA. With its new owner, HEMA can focus fully in the next few years on international expansion (incl. GCC), online growth, and improving profitability.       (Logo: https://mma.prnewswire.com/media/774176/HEMA_BV_Logo.jpg ) With Ramphastos as its new owner, HEMA will be able to fulfil its growth ambitions

Cobalt 27 Announces Upsized US$200 Million Credit Facility

Cobalt 27 Capital Corp. (‘Cobalt 27’ or the ‘Company’) (TSXV: KBLT) (OTCQX: CBLLF) (FRA: 27O), is pleased to announce that the Company entered into an amended and upsized revolving term credit facility (the ‘Amended Credit Facility’), whereby the Company will have access to a US$200 million credit facility which replaces its undrawn US$80 million credit facility announced on May 17, 2018. National Bank of Canada, Bank of Montreal and The Bank of Nova Scotia acted

Consortium Aims at Speeding up Adoption of Cryptocurrencies Backed Government Currencies

Financialnewsmedia.com News Commentary  Many do not know the fact that Cryptocurrency has been making news since the inception of the World Wide Web and recently has aimed to disrupt operations in the virtual world. According to an article published by CNBC, two of the largest cryptocurrency companies, Coinbase and Circle, are joining forces to establish more ground rules in the quickly evolving asset class. The start-ups announced a joint-venture known

James Rodriguez makes history as JR10 Token is launched on SelfDax

This not only means that more fans can possess JR10 Token now, but also marks James as the first person in the world to realize the trading and circulation of personal digital assets. It has once again made history and opened a new era of personal value digitization. JR10 Token is a personal cryptocurrency launched by James Rodriguez through the SelfSell platform. The issuance of JR10 Token enables James to eventually