Posts published in Day: September 10, 2019

Asian shares mixed as investors look ahead to rate decisions

Tuesday, September 10, 2019

Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. Japan’s benchmark Nikkei 225 added nearly 0.3% in afternoon trading to 21,379.45. Australia’s S&P/ASX 200 fell 0.7% to 6,599.60, while South Korea’s Kospi edged up 0.5% to 2,030.21. Hong Kong’s Hang Seng was virtually unchanged, inching down less than 0.1% at 26,679.83, while the Shanghai Composite lost 0.3%…

Apartment prices in Riga’s residential neighborhoods down 1% in August

Tuesday, September 10, 2019

In August 2019, prices on the secondary apartment market in Riga’s residential neighborhoods dropped 1 percent from July, according to the housing market price indicator drawn up by the Latvian Real Estate Association (LANIDA). Prices dropped 1.5% on the secondary apartment market in downtown Riga and declined 3% in Riga Region. Apartment prices in new residential projects declined 2% in downtown Riga and 3% in the city’s residential neighborhoods, and…

Hong Kong leader renews appeal for dialogue with protesters

Tuesday, September 10, 2019

Hong Kong leader Carrie Lam on Tuesday renewed an appeal to pro-democracy protesters to halt violence and engage in dialogue, as the city’s richest man urged the government to provide a way out for the mostly young demonstrators. The government last week promised to axe an extradition bill that sparked three months of protests but failed to placate protesters, whose demands also include democratic reforms and police accountability. Protesters vandalized…

Lithuania’s exports rise 6.9 pct in H1

Tuesday, September 10, 2019

In July 2019, exports amounted to EUR 2.46 bn, imports – EUR 2.81 bn. Exports of goods of Lithuanian origin amounted to EUR 1.43 bn. The foreign trade deficit of Lithuania amounted to EUR 0.35 bn. Over the month (July, against June), exports increased by 1.2%, imports – by 14.3%. The increase in exports was influenced by an increase in exports of oil seeds and oleaginous fruits (6 times), ground vehicles (15.6%).…

Schumacher treated in secrecy in Paris hospital

Tuesday, September 10, 2019

A Paris newspaper says seven-time Formula One world champion Michael Schumacher is being treated with a cutting-edge stem-cell therapy in one of the French capital’s hospitals. The Paris hospitals authority, citing France’s strict medical privacy rules, said it could not comment on a report in Le Parisien that Schumacher was admitted under tight guard Monday to the Georges-Pompidou hospital. The paper says the treatment is scheduled to be administered Tuesday.…

Combating tax evasion: urgent task for EU governments

Tuesday, September 10, 2019

Since 2013, the OECD and G-20 countries are working together on implementing 15-poins Action Plan on BEPS (base erosion & profit shifting). Already over 130 countries are collaborating to put an end to tax avoidance strategies that exploit gaps and mismatches in tax rules to drastically reducing tax payments. Addressing base erosion and profit shifting (beps) is becoming a key priority of governments around the world. In 2013, the OECD…

Apple expected to unveil iPhones echoing last year’s models

Tuesday, September 10, 2019

Apple is expected to unveil three new iPhone models that are so similar to last year’s lineup, they may be upstaged by details about the company’s upcoming video service. The company will show off its latest iPhones Tuesday at an annual hardware showcase. But the buzz surrounding its best-selling products has waned, as have sales, in the absence of compelling new features. IPhone shipments are down 25% so far this…

Estonia defeated 4-0 by Holland in Euros qualifier

Tuesday, September 10, 2019

Estonia’s national football team lost 4-0 at home to the Netherlands in a European Championships qualifier in Tallinn Monday night, leaving the team firmly rooted at the bottom of Group C. The guests took the lead in the 17th minute at the A. le Coq Arena in Tallinn, after keeping Estonia under pressure with several chances, one finding the net but being ruled offside, when Ryan Babel (Galatasaray) connected with…

Johnson suspends UK Parliament after latest Brexit defeat

Tuesday, September 10, 2019

The simmering showdown between Prime Minister Boris Johnson and Britain’s Parliament over Brexit came to a head as lawmakers delivered three defeats to the government’s plans for leaving the European Union, before being sent home early Tuesday for a contentious five-week suspension of the legislature. In a session that ran well past midnight, Parliament enacted a law to block a no-deal Brexit next month, ordered the government to release private…

Vilnius Series: Invest Lithuania

By Natalie Novick on Tuesday, September 10, 2019

Earlier this summer, I had the opportunity to spend a few days in Lithuania to check out the startup scene there. I’d never been to Lithuania before, but the country has long been on my radar. Part of the reason for this is the many initiatives the country is putting forward to help develop their technology and entrepreneurship ecosystem, with a special emphasis on fintech. These actions have been garnering…