Ireland confident G7 tax deal won’t dent multinational investment
Ireland’s finance minister said he remained confident the country’s low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a major step closer on Saturday.
UK’s Sunak says world is watching as G7 debates tax reform
Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as finance ministers from the Group of Seven started a two-day meeting in London on Friday.
European stock traders place their blockbuster bets in the dark
Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, “dark pools” that host blockbuster trades, are pulling in major money in Europe.
EXCLUSIVE Amazon starts testing UK staff for coronavirus variants
Amazon (AMZN.O) is testing its front-line staff in Britain for coronavirus variants and feeding the data to public health officials, including in hotspots where a strain first found in India is spreading fast.
EXCLUSIVE UK’s Sunak says U.S. plan to break global tax deadlock could work
British finance minister Rishi Sunak said a U.S. proposal to focus on the world’s 100 biggest and most profitable firms as part of a global tax deal could work but he insisted that big tech firms must pay more tax in countries where they operate.
U.S. sets and suspends tariffs on six countries over digital taxes
The United States on Wednesday announced 25% tariffs on over $2 billion worth of imports from six countries over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue.
Analysis: Planned global tax raid catches ethical investor zeitgeist
A global tax crackdown on multinationals has the backing of some of the world’s biggest investors who say that using low-tax jurisdictions falls foul of the tenets they have committed to.
StanChart unit to launch cryptocurrency trading platform
A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
REUTERS EVENTS Bank of England’s Bailey unconvinced by carbon capital rules
Bank of England Governor Andrew Bailey said on Tuesday there was no case yet for making financial institutions set aside more capital for climate change risks, even though markets were underpricing the danger of disruption.
Only 13% of NatWest staff to return to office full-time
Britain’s NatWest (NWG.L) expects only about 13% of its staff to return to primarily office-based working, the lender said on Tuesday as it revealed a three-pronged approach to post-pandemic working habits.
