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...A shareholder vote to approve a deal between a special purpose acquisition company called Digital World Acquisition Corporation and Trump Media & Technology Group is planned for Friday....
...Shell aims to cut absolute emissions from its own operations — also known as scope 1 and scope 2 emissions — by 50 per cent by 2030, compared with 2016....
...Shell said the shareholder resolution was “unrealistic and simplistic” and “broadly unchanged” from the resolution filed by Follow This last year....
...“This backtracking removes any doubt about Shell’s intentions: the company wants to stay in fossil fuels as long as possible,” he said, urging investors to back the climate resolution it co-filed with 27...
...Credit Suisse with UBS was an “unhelpful” way to deal with a failing global bank and US regulators would not shrink from a full shutdown in a similar situation, the chair of the Federal Deposit Insurance Corporation...
...Later, the US will bring a UN security council resolution to a vote calling for an immediate six-week ceasefire in the Israel-Hamas war....
...If the talks did not “result in an acceptable resolution” Chevron said the merger would not close....
...Torsten Bell, head of the Resolution Foundation, notes that the Conservatives also raised corporation tax from 19p to 25p in 2023; Reeves is comfortable with that rate but has promised to cap it at that...
...However, the national broadcaster’s new services risk competing with genre-specific stations offered by commercial rivals such as Virgin, Absolute and Heart....
...“What Exxon is trying to do here is to really try to fundamentally shift the balance of corporate power between corporations and their investors by making investors think twice about exercising their rights...
...The Resolution Foundation calculates that abolishing both the two-child limit and benefit cap in 2024-25 would cost up to £3bn....
...Bezalel Smotrich, the ultranationalist finance minister, called the US decision “absolute madness”....
...Blinken said the US had “spoken directly to the Israeli government” about “the absolute imperative to do more to protect innocent lives . . . as well as get more humanitarian assistance to more people, more...
...Hunt introduced £20bn of tax rises in the 2023-24 fiscal year, including freezing personal tax thresholds and higher corporation tax, the think-tank said....
...They have also contributed to a steep plunge in support for shareholder resolutions aimed at pushing companies to do more on climate change and social issues....
...This not only gave the developers “effectively absolute control of the company” but allowed them to “cherry pick” whichever parts of the site looked potentially profitable and buy them at £1 an acre....
...Last year the Africa group at the UN tabled a resolution at the General Assembly urging the organisation to work on international tax co-operation. The resolution was adopted by consensus....
...“It’s a trust-based, consensus-based, global organisation with limited but absolute power. In an age of cynicism and bitter, divisive politics, it’s a marvel,” she writes....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase...
...Big airlines and the Irish prime minister have warned that maintaining the cap could hit an economy where multinationals such as Microsoft, Apple, Google and Pfizer pay billions of euros in corporation tax...
...Delivering spending cuts a ‘fiscal fiction’ | The Resolution Foundation gives its verdict....
...Netanyahu has sought to assuage his cabinet, telling them on Sunday he had informed Biden “that we will fight until absolute victory — however long it takes,” and that “the US understands this”....
...She adds that cybercriminals may view wealthy individuals as easy targets due to their public profile and typically having fewer cyber security precautions than corporations....
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