Hints and tips:
Related Special Reports
...“That said, we may be a complementary investor to an American firm that is looking to become global over time.”...
...BHP’s offer comes up against a legacy that began in 1917, when Ernest Oppenheimer, a diamond trader born in Germany, raised £1mn to found the Anglo-American Corporation to mine gold around Johannesburg....
...The country’s Public Investment Corporation is Anglo’s biggest shareholder....
...Besides getting copper tonnes on the cheap, it is not clear what the benefits would be to BHP....
...South Africa’s Public Investment Corporation, a manager of government employee pension assets that is Anglo’s largest shareholder, said it would assess any offers presented to shareholders....
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Both sides can then benefit if investors put a premium on companies incorporated there....
...The Feds said that the executive held material non-public information about Incyte — that it would benefit from merger speculation — which he had a duty not to trade on....
...Why does BHP want to own Anglo American? It doesn’t, it wants to own some of Anglo American, specifically the bits that don’t need fixing....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...The company says that the impact of tax benefits is falling. It expects its effective tax rate to be back up to 17 per cent in the current quarter. It could rise further....
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...“It’s almost like having that little taste of an American dream from the comfort of your own home.”...
...Ireland is set to invest more than half of its coming corporation tax windfall in two new sovereign wealth funds, providing revenue for infrastructure projects and future economic challenges....
...What Biden should be focused on instead is the long-term prosperity of the American people. Nippon’s acquisition of US Steel would benefit the economy broadly and the working class specifically....
...Specifically, this allows them to extract an economic rent from those businesses, either for personal gain or for the benefit of their political parties....
...Only in the 1950s did it embark on its policy of low corporation tax, luring many foreign companies, from which it benefits so much today....
...BHP’s largely interested in Anglo American’s prized copper mines....
...This means growers do not directly benefit from ballooning futures prices, reducing their incentive to invest in their plantations in order to boost yields....
...But it is entertaining as well as scholarly, and it sheds interesting light on many of the personalities who have shaped or reshaped the American corporation....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...Eva Longoria’s Flamin’ Hot follows a Mexican-American janitor who invents a billion-dollar snack brand. It is framed as a parable of Latino representation in American business....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...Smaller Chinese companies continue to underperform their larger peers as investors bet that any government support will disproportionately benefit the country’s big corporations....
International Edition