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...The lunch comes at a testy time in relations between the Biden administration and US business — and suggests an attempt by both sides to improve the relationship as the 2024 general election campaign approaches...
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...Mandelson, a former Labour cabinet minister, is now co-owner of Global Counsel, an advisory firm that has served many big corporations including BP, Glencore, JPMorgan and TikTok, according to people familiar...
...He had previously posted a separate bond to cover another $5mn verdict won by Carroll last year. The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...Last year, Shockwave completed a $147mn acquisition of Neovasc, which produces a device to treat refractory angina, another type of heart defect....
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Consultancy Bain & Co has warned of a “towering backlog” of companies that must be sold so cash can be returned to investors such as public pension funds which have become overexposed to unlisted investments...
...BBC director-general Tim Davie has called for reform of the licence fee as part of a broader strategy to turn Britain’s national broadcaster into a more commercial operation....
...Ireland must hold a general election by March 2025 and a three-party ruling coalition, made up of the centrist Fine Gael and Fianna Fáil parties, and the Greens, is seeking to stay in power despite nationalist...
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...He quotes the WTO director-general’s comments that “it sends a signal to business on what they need to do. Two years is a very reasonable timeframe.”...
...Tax as a share of GDP is predicted to hit 37.1 per cent in 2028-29, which would be 4 points higher than before the pandemic, driven by personal tax measures and an increase in corporation tax....
...To do this, I looked at two time-slices of Federal Deposit Insurance Corporation data, from early 2003 and late 2023, using a data collection tool from BankRegData....
...The fact that the famed investor found a trade in the sleepy world of Japanese general trading companies may have earned smirks from jaded market veterans. But Buffett’s timing was good....
...The probe into He Wenzhong, deputy general manager of CETC, a company subject to US sanctions, follows a shake-up of the armed forces last year, when the two generals in command of the People’s Liberation...
...That approach could be more deeply co-ordinated if the government were to follow the example of large corporations and appoint a chief client officer — with the client, in this case, being the British people...
...The SEC has now put a hold on its own rulemaking pending a review from a US appellate court weighing the legal challenges from the Republican state attorneys-general, among others....
...By making these changes over a period when a general election will take place and without consultation, opportunities are being missed and distortions will become baked in....
...Reeves said the commitment on corporation tax rates, should her party win the general election this year, would provide business certainty in the UK after years of post-Brexit upheavals....
...A new board has since been instituted including former Salesforce co-chief executive Bret Taylor as chair....
...Donohoe is one of the government’s most heavyweight ministers and his departure would be a serious blow as the government faces a general election due by March 2025....
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