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...Research by Dr Javier Garcia Bernardo at Utrecht University found that while Luxembourg and Norway have similar levels of statutory tax, multinational companies in Luxembourg paid as little as 1 per cent...
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...Services output grew 0.1 per cent in February, while production — including manufacturing, utilities and mining — increased 1.1 per cent. Construction output fell 1.9 per cent....
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...But Altice’s French business, which includes mobile network operator SFR, was given something of a reprieve by news last week that the company had agreed to sell its media business for more than €1.5bn....
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...The population of under-15s in Japan now stands at a record low of 11.4 per cent of the overall population, while the number of over-75s stands at a record high of 16.1 per cent....
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...The 363 sq km strip of land changed hands between empires over many centuries, before becoming one of two Palestinian territories under Israeli occupation in the modern era....
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...Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart — Clips this week are from A24 Read a transcript...
...UK growth will pick up to 1.5 per cent in 2025, according to the IMF, but that is also 0.1 percentage point weaker than the fund’s January outlook....
...Japan’s Topix registered the largest losses of any major index, falling 1.1 per cent. The yen held on to some of the gains against the dollar made earlier in the day, rising 0.11 per cent to ¥151.16....
...Tabayer gold Oera bracelet (just seen), £16,500 Helmut Lang cotton top, £255, and viscose tailored trousers (just seen), £1,050....
...The bank said it took losses on 16 different office loans in the quarter....
...Yields on benchmark 10-year Treasuries, which move inversely to prices, peaked at 4.66 per cent following the data, up 0.16 percentage points....
...In Great Britain overall, the average monthly rent stood at £1,200....
...Patricia Cifuentes, analyst at Bestinver, described the figure as “weaker than expected” given that sales in the first six months of Inditex’s financial year had been up 16.6 per cent....
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...Asylum applications to EU countries peaked at above 1.4mn in 2015-16 and were above 1mn in the past 12 months, not 14mn and 10mn respectively as wrongly shown in a chart accompanying the Big Read...
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