Youku, China's top online video streaming site often dubbed "the Chinese Youtube", sold a total of 15,847,700 American Depositary Shares, for $203 million USD.
The New Year will see VAT increase from 17.5 per cent to 20 per cent and with the increase a new regime of fines for late or incorrect payment, warns Thames Valley accountants and business advisers [b]James Cowper[/b].
Januaryís VAT increase is set to trigger interest rate rises and strengthen the pound according to foreign currency specialist, Currency UK, which will have a significant impact on businesses trading overseas.
Carole Hughes, managing director at debt collection agency Daniels Silverman, warns SMEs to be diligent and to perform customer credit checks in the run up to Christmas.
On the 4th of January 2011 businesses across the UK will finally come face-to-face with the 2.5% VAT increase, but with just over a month until the changes come into effect new research from business software and services provider Sage www.sage.co.uk has revealed that nearly one in five small businesses are not ready for the increase.
The United Kingdom should urgently establish 'angel academies' for private investors in order to grow this critical source of funding for new ventures.
The Portuguese government has denied that it needs a European Union led bail-out and instead called for confidence in its economy. Nevertheless speculation is growing that Portugal is struggling to cope with vast public debts.
The Government's decision to move ahead with plans to introduce a tax incentive for research and development activity in the UK from 2013 is encouraging news for British industry, according to one of the UK's leading patent and trade mark attorney firms, Withers & Rogers LLP.
Ten Shares With Inflation-Busting Dividend Hikes
Metro Bank, the first High Street bank to open in more than 100 years, today announces the appointment of Mark Price as Managing Director Commercial Banking. Mark brings over 25 years business and commercial banking experience to Metro Bank, joining from Barclays where his last role was Managing Director at Barclays Commercial Bank, South.