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...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...European officials are trying to corral G20 finance ministers gathering this week in Brazil to commit to the June timeline....
...Inchcape warned last month that demand in its South Americas market this year was likely to be towards historic lows, as inflation and interest rates have continued to drag on household finances....
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...According to the finance ministry, corporation tax receipts for November — typically a bumper month — were €6.3bn, a 27 per cent or €1.3bn rise compared with the same month last year....
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...According to the finance ministry, corporation tax receipts for November, typically a bumper month, reached €6.3bn ($6.8bn), a 27 per cent or €1.3bn rise on the same month last year....
...Nissan, which has an alliance with France’s Renault and a partnership with Honda that was announced last week, has wrestled with flagging sales in China as the automotive industry struggles to build profitable...
...Shida believes young people “are now ready to challenge the big corporations”....
...It recently reported a 4 per cent growth in net asset value (NAV) to 684p last year and made two new investments — the biggest being the £90mn commitment towards the buyout of the Steer Automotive group...
...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...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....
...This government support was coming as Chinese companies were becoming globally competitive in areas such as automotives, giving them an added advantage against international rivals, he added....
...And the Tories also raised the corporation tax rate from 19 per cent to 25 per cent, though it is still lower than some peer nations....
...Aston’s shares have halved under Felisa’s tenure, amid concerns about the company’s finances. Last week Aston announced it had raised £1.15bn through its latest refinancing....
...His comments follow a report from the German Economic Institute that found that the country’s corporations had made little progress in “de-risking” their China exposure and reducing their critical import...
...Long seen as artefacts of the previous century, shares of these groups including Mitsubishi Corporation and Itochu have traded at typical conglomerate discounts....
...Nissan, which has a long-standing alliance with France’s Renault and a partnership with Honda that was announced last week, has wrestled with flagging sales in China as the automotive industry struggles...
...United States Steel Corporation, for example, has said it will use generative AI software from Google to guide its workers through truck repairs and ordering parts....
...“You have all the major players coming in, so sales for EVs are going to increase,” said Ammar Master, director of South Asia automotive with GlobalData....
...HOLD: Inchcape (INCH) The share price fall that accompanied the release of Inchcape’s full-year figures had less to do with financial performance than it did with market anxieties linked to the automotive...
...The people with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...bank, has urged the government to facilitate a “level playing field” with other markets on their financing of the green transition.Speaking at the Global Banking Summit on Tuesday, Charlie Nunn said “many corporations...
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