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...Yellen’s visit seemed “like the best indicator yet that new tariffs on China will be coming, no matter who wins” the US presidential election, said Mary Lovely, a senior fellow at the Peterson Institute...
...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....
...But Peterson’s star power helped open doors for Blackwood. At a London dinner in late 2021 at the Garrick Club, Peterson introduced him to Paul Marshall....
...The country’s Public Investment Corporation is Anglo’s biggest shareholder....
...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....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...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....
...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....
...BHP’s largely interested in Anglo American’s prized copper mines....
...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....
...Corporate updates: Data is due from Irish-American consultancy Accenture, UK tech company De La Rue and British music intellectual property company Hipgnosis Songs Fund....
...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....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...We must make sure that they do not explode (Peterson Institute) — Seeing like a bank (Bits About Money) — Frustrations over the housing market bleed into Americans’ view of the economy, survey finds (New...
...The three other legislative bills aim to “end tax breaks for Chinese equities, restrict sanctioned Chinese companies’ access to US capital markets, increase transparency on risks to American corporations...
...Expectations for the next six months remained below the recession threshold of 80, as more Americans believe an economic downturn is likely....
...Both companies hold stakes in the oil rich project off the coast of the South American nation, which has been the focal point of the deal....
...If they lose, it could be subsumed, effectively lost inside the private landholdings of wealthy individuals and corporations. It’s a legal grey area with sweeping consequences....
...resting lightly on the lectern, Sir Paul Marshall laid in to the three enemies of the free market, what he called the “mutant siblings” of capitalism: the “cronies” colluding at Davos, monopolies and “woke” corporations...
...Both companies hold stakes in the oil-rich project off the coast of the South American nation, which has been the focal point of the deal....
...More than 10 per cent of Americans have an ADHD diagnosis — double the expected prevalence rate based on population surveys in other countries....
...Gary Hufbauer, of the Peterson Institute think-tank, suggested rules written years ago for the US-Mexico-Canada trade deal had been overtaken by China’s rise as an auto-manufacturing powerhouse — giving...
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
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