USA: Beer brewer Yuengling to pay $2.8 million fine in settlement with government over charges it violated the Clean Water Act – AP – @AceFinanceNews

#AceFinanceNews – June.23: Beer brewer Yuengling to pay $2.8 million fine in settlement with US government over charges it violated the Clean Water Act – AP

http://apne.ws/28QFVWp

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MARKETS: Well here it is BP CEO Bob Dudley says crude oil will likely cost $50-$60 a barrel next year as supply and demand move toward a ‘better balance’ – Bloomberg – @AceFinanceNews

#AceFinanceNews – June.23: BP CEO Bob Dudley says crude oil will likely cost $50-$60 a barrel next year as supply and demand move toward a ‘better balance‘ – Bloomberg

http://bloom.bg/28QEw2j

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MARKETS: Well got it yet as #S&P 500 nears a 2016 high: U.S., European stocks end up as ‘Brexit’ jet before counting votes begins – @AceFinanceNews

Y0uJvF1b_normal.jpg USA TODAY (@USATODAY)
23/06/2016, 21:03
#AceFinanceNews – S&P 500 nears a 2016 high: U.S., European stocks end up as ‘Brexit’ vote begins usat.ly/28SnUfb

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MARKETS: Well something is going on as the British pound jumps to six month high amid #Brexit votes being counted as its valued at $1.48; Euro also gains, but Yen weakens – @AceFinanceNews

#AceFinanceNews – June.23: British pound jumps to six month high amid Brexit vote, valued at $1.48; Euro also gains, but Yen weakens – Marketwatch

http://on.mktw.net/28TolDN

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MARKETS: Well so who knows what as #Oil futures settle above $50 per barrel Thursday, highest level in 2 weeks – @AceFinanceNews

#AceFinanceNews – June.23: #Oil futures settle above $50 per barrel Thursday, highest level in 2 weeks – Marketwatch

http://on.mktw.net/28QyNtp

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MARKETS: So what do they already know before the votes are counted as Dow jumps 200 points as close nears, ahead of Brexit vote results and U.S. stocks rose as the pound hit year-to-date highs versus the dollar – @AceFinanceNews

#AceFinanceNews – June.23: Dow jumps 200 points as close nears, ahead of #Brexit vote results

U.S. stocks rose as the pound hit year-to-date highs versus the dollar, following increased expectations that the U.K. will remain in the EU.

Read more: http://www.cnbc.com/id/10373828

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BRITAIN: The worst-off tenth of households handed 47% of their money back to the government in 2014/15 – up from 43% two years earlier Yet the richest tenth paid just 34%, down slightly from 35% in the t wo years previously – @AceFinanceNews

#AceFinanceNews – June.23: Britain’s poorest people pay more of their income in taxes than the very richest, official figures reveal.

The worst-off tenth of households handed 47% of their money back to the government in 2014/15 – up from 43% two years earlier.

Yet the richest tenth paid just 34%, down slightly from 35% in the two years previously.

The gulf was laid bare today in annual figures by the Office for National Statistics which show the richest 10% earn £108,000 while the poorest earn just £4,467.

Once cash benefits are included, the richest receive 10 times more than the poorest – £110,000 a year before tax compared to £11,000.

Shadow Chancellor John McDonnell told the Mirror: “These are truly shocking figures and further prove that we are clearly not all in it together as George Osborne claims.

The huge gap between what the poorest and those more well off pay in tax only goes to show the unfairness at the heart of this Tory government.

“The truth is that the Tories are cutting taxes for millionaires while also cutting vital public services, and expecting the rest of us pick up the tab.”

Equality Trust Director John Hood said: “It can’t be right that millionaires can pay a smaller proportion of their income in tax than their cleaners.

“We need our politicians to recognise just how ridiculous this is and commit to building a fairer tax system that reduces the huge gap between the richest and the rest of us.”

The anti-poverty charity found the figures by analysing ONS data on all income including benefits, and all taxes including indirect taxes like VAT, the lottery and duty on cigarettes and alcohol.

Overall the poorest tenth of households paid £5,012 in tax while the richest tenth paid £37,829.

That means the poorest tenth paid more in tax than they earned from wages alone…..

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WASHINGTON: After years of debate, the White House unveiled new regulations Tuesday to allow businesses to fly drones commercially – @AceFinanceNews

#AceFinanceNews – June.23: White House unveils rules opening way for drone entrepreneurs

After years of debate, the White House unveiled new regulations Tuesday to allow businesses to fly drones commercially.

Hundreds of thousands of small drones have been sold in the United States in recent years, but the Federal Aviation Administration says the vast majority are being flown as toys….

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UAE: Hackers have leaked files online believed to contain data on thousands of customers of Sharjah-based InvestBank after they refused to pay ransom – @AceFinanceNews

#AceFinanceNews – June.23: QNB hackers dump data from Sharjah’s InvestBank

Hackers have leaked files online believed to contain data on thousands of customers of Sharjah-based InvestBank UAE.

The files are understood to have been stolen last December, when it was reported that Investbank had been hacked and an individual had tried to blackmail the bank for $3 million.

When the bank refused to pay, it was said that the hacker threatened to dump the stolen files online, yet they never appeared.

The data dump from InvestBank holds almost 13,000 files totalling 9.4 GB. (Shutterstock)

167.png © 2016 ITP DIGITAL

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#UPDATE GERMANY: #Volkswagen to pay owners of some of its diesel cars up to $7,000, fund clean air grants, under $10 billion settlement being negotiated – Bloomberg – @AceFinanceNews

#AceFinanceNews – June.23: #Volkswagen to pay owners of some of its diesel cars up to $7,000, fund clean air grants, under $10 billion settlement being negotiated – Bloomberg

http://bloom.bg/28Q6XgO

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