Economy

U.S. Treasury floats global corporate tax of at least 15%

The U.S. Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for U.S. multinational firms.

Oatly, Procore debuts calm U.S. IPO jitters

Strong stock market debuts by oat milk maker Oatly Group AB (OTLY.O) and construction software firm Procore Technologies (PCOR.N) eased investor concerns on Thursday that U.S. initial public offerings (IPOs) could suffer a bout of volatility.

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.

U.S. Treasury floats global corporate tax of at least 15%

The U.S. Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for U.S. multinational firms.

Oatly, Procore debuts calm U.S. IPO jitters

Strong stock market debuts by oat milk maker Oatly Group AB (OTLY.O) and construction software firm Procore Technologies (PCOR.N) eased investor concerns on Thursday that U.S. initial public offerings (IPOs) could suffer a bout of volatility.

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.

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