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Credit Suisse in US criminal probe

2014-05-19 22:56:13| BBC News | Business | UK Edition

US regulators file criminal charges against Swiss banking giant Credit Suisse for helping its US clients avoid paying taxes to the US government.

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Ralph Lauren Corp Downgraded by Credit Suisse to Neutral

2014-05-17 17:13:46| Apparel - Topix.net

They currently have a $165.00 price target on the stock, down from their previous price target of $185.00.

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Climate change to affect Philippines future credit ratings

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Mirror: The Philippines was cited as one of the countries most vulnerable to the risks, financial or otherwise, of climate change in the Asia-Pacific region, according to a report released by Standard & Poors (S&P) on Friday. Others on the S&P list were Vietnam, Bangladesh, Fiji, Papua New Guinea and Indonesia. Their vulnerability is in part due to their reliance on agricultural production and employment, which can be vulnerable to shifting climate patterns and extreme weather events, but also due...

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Dysfunctional Senate fails to extend wind tax credit

2014-05-16 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: The wind energy tax credit has been sucked into the maw of senatorial dysfunction. As National Journal reports, Rejecting Democratic overtures to work out a plan for amendments, Senate Republicans blocked sprawling, bipartisan tax legislation Thursday, heightening the chances that Congress won`t work the issue out until the lame-duck session after the November elections. The wind energy tax credit is part of that package, and losing it threatens the nascent industry. Thanks to Republicans`...

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S&P: Vulnerability to Climate Change Will Impact a Nation's Credit

2014-05-16 18:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: How vulnerable a nation is to climate change will severely influence its international credit score, the Standard & Poor's (S&P) Rating Service reports. The S&P says that how well a sovereign state can endure the effects of climate change can directly impact that nation's creditworthiness, Reuters reported. Aging population and climate change have both been rated as factors that can hugely influence a nation's economy in the approaching years, the S&P reports, and climate change in particular...

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