Michael Klimes

Business Journalist

121-150 (out of 441)

Michael Klimes is a business journalist at International Business Times UK. He loves history, literature, economics and boxing. He has a special interest in central banks, monetary policy and currency areas.

Scottish Independence: Alistair Darling Slams Nationalists for Attack on CBI Chief

Leader of Better Together Alistair Darling criticises nationalists for attacking CBI Scotland chief Ian McMillan.

Floyd Mayweather Jr versus Manny Pacquiao 'On for September 2014'

Website reports that fight could materialise between boxing superstars Manny Pacquiao and Floyd Mayweather Jr

North of England City Councils Deserve Tax Powers to Boost Jobs

Local councils in North England should be given extra money to help them create jobs.

Latvia Becomes 18th Member of Eurozone After Years of Austerity

Latvia has adopted the euro and become the 18th member of the European monetary union.

Turkey Raises Consumption Taxes on Alcohol, Cigarettes and Cars

Government increases VAT on goods after wave of economic and political instability

Average House Prices Head Skywards in England and Wales

Land registry figures show house price rises concentrated in London and southeast

Up to 25% of Small Businesses Relying on Handouts and Savings

Report claims that many SME's are relying on savings and handouts from friends to survive.

Paul Tucker Earns Knighthood in New Year Honours List

Ex-deputy Bank of England governor given knighthood for services to central banking

Angela Merkel: Fixing Eurozone is Vital for Germany

Chancellor says that solving eurozone crisis is in Germany's interests in her New Year's Eve address.

Monte dei Paschi di Siena Chairman Could Quit Over Shareholder Battle

Chairman Alessandro Profumo could leave bank over battle with top investor to save bank

Swiss Bank Lombard Odier Signs Up to US Tax Deal

Private bank signs up to the US tax deal that is chasing down wealthy tax evaders.

Finance Minister John Swinney: Scottish Independence Will Secure Prosperity in 2014 and Beyond

Scotland's finance minister hails report that says Scotland's economy will strengthen in 2014, towards September referendum

Scottish Independence: SNP Will Scrap Married Couple Allowance

Scottish government will scrap flagship Tory proposal if independence is won in September 2014 referendum

Barclays Fined For Failing to Keep Proper Records by US Regulator

Financial Industry Regulation Authority fines Barclays $3.75m for allegedly failing to keep proper electronic records.

EU to Lead Fight Against Pirates off Somalian Coast in 2014

EU foreign policy chief Catherine Aston confirms support and leadership for fight against piracy off Africa.

Nigel Mills MP: Vince Cable Should Resign for Enoch Powell Remark

Tory MP Nigel Mills attacks business secretary in deepening immigration row.

Romanians and Bulgarians Will Not Flood UK in 2014

IPPR think tank says Bulgarian and Romanian migration in January 2014 will be different from 2004

The Financial Conduct Authority is delving into foreign exchange traders’ private accounts to see if they traded their own money (Photo: Reuters)

Market Fixing Scandals: FCA Reveals Surge in Suspicious Trade Reports

Regulator sees a hike in the number of reported cases of potential market manipulation

IMF Bullish on US Economic Growth for 2014

IMF chief Christine Lagarde says she is optimistic about US economy next year.

Ofgem: Npower Agrees to Pay £3.5m to Compensate Customers

Regulator's investigation finds that Npower breached sales rules.

Factbox: Hong Kong's Corporate Scandals

Hong Kong's Securities and Futures Commission has set up a new task force to tackle white collar crime.

Swiss Banks Face Disclosure Deadline and Fines

More Swiss banks agree to co-operate with US disclosure scheme, as others make provision for fines.

IMF: Portugal will Face Decade of Hardship

Subir Lall, IMF's Portugal mission leader, has no easy answers on Portugal's economic stagnation.

Profile of Mikhail Khodorkovsky: The Tale of Modern Russia

Vladimir Putin's announcement that he will pardon Mikhail Khodorkovsky is one of the stand out announcements in Russia

Ofgem: Businesses Paid to Save Electricity in 2014

Regulator suggests businesses could be offered money to help with Britain's soaring energy demand.

President Viktor Yanukovich and President Vladimir Putin

Vladimir Putin: Aid Package to Ukraine is Not Anti-EU

Russian President Vladimir Putin says aid package was done for reasons of solidarity and not geopolitics

Ukraine Expects 3% Economic Growth on Russian Bailout

Ukrainian government budget proposal sees positive economic outlook for country in 2014 after Russian aid deal