EU reaches deal on tax transparency for multinational firms
European Union government and parliament negotiators reached a deal on Tuesday on rules that will force large multinational companies to disclose how much revenue and tax they pay in the 27-nation bloc and how much in countries considered tax havens by the EU.
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.
World stocks hit another record, oil up in big data week
Global stocks again hit a record high and oil rose on Tuesday, as markets shrugged off concerns about rising inflation and looked ahead to U.S. data later in the week that should offer a major clue to the health of the world economy.
Nasdaq and Fortum join forces to develop carbon removal market
Financial services company Nasdaq (NDAQ.O) and Finnish state-owned utility Fortum (FORTUM.HE) have joined forces to develop a trading platform for carbon removal credits, they said on Tuesday.
Analysis: Chasing yield, U.S. private equity firms nudge up risk on insurers
Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now.
Daimler to pay Nokia patent fees, ending German legal spat
Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.
World stocks hit another record, crude up in big data week
Global stocks again hit record highs and oil rose on Tuesday, before European and U.S. data that should this week offer major clues on the health of the world economy.
Monde Nissin bets on meat alternatives following record $1 bln Philippine IPO
Philippine food maker Monde Nissin Corp (MONDE.PS) is pinning its future on the fast-growing alternative meats business on the back of a 48.6 billion pesos ($1 billion) initial public offering (IPO), which marked the country’s largest-ever listing.
KKR, CD&R take data analytics firm Cloudera private for $4.7 bln
Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private for $4.7billion, the cloud-based data analytics company said on Tuesday.
