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...A two-day EU summit starting Wednesday will commit to “advancing the Capital Markets Union,” according to draft conclusions seen by the Financial Times....
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Mirae Asset’s $43bn subsidiary names Ryan O’Connor as chief executive
...In a sign of faltering hope, Canada last year moved ahead with its own digital services tax....
...BDO last year took an alternative approach, opting to convert to an employee-owned corporation, funded by private debt....
...We are in Switzerland on the shores of Lake Geneva for the 13th FT Commodities Global Summit....
...Under CVC’s ownership, Teneo has expanded into other areas through acquiring units carved out from larger corporations, including the purchase of the UK restructuring arm of Deloitte....
...She said economic growth was essential for raising living standards and funding strong public services. Read more here....
...Job moves Saga, the UK provider of services to over-50s, has said its chief executive Euan Sutherland will be replaced by its chief financial officer Mike Hazell....
...The report accused the BBC of being selective in how it communicated its strategy to shift more of its operations outside London, suggesting the corporation did so to present itself in a more favourable...
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...Like the buses, you wait for one summit then two significant ones come along at once....
...The state tax service signed off on its accounts in August, Damerau said....
...It follows a broader trend in professional services....
...It was cited by BDO USA’s switch from a partnership to a corporation. This was followed by $1.3bn in debt financing from Apollo Global Management to fund purchases of shares by a new employee trust....
...Miles Celic, chief executive of financial services lobby group The CityUK, welcomed the announcements....
...It is hoping to secure agreement from allies by the G7 leaders summit in Italy in June....
...on Tuesday, Charlie Nunn said “many corporations are looking at investment cases and putting their money in other markets” in reference to incentives such as the Inflation Reduction Act in the US and Europe...
...A poll for YouGov found that only one in four respondents favoured prioritising tax cuts over funding public services....
...“Many corporations are looking at investment cases [elsewhere] and putting their money in other markets.”...
.... — Patrick Temple-West The Moral Money Summit Europe is returning to London on May 22-23....
...Over the past 16 years, big buyout groups such as Blackstone, KKR, Apollo and TPG have transformed from clubby partnerships into publicly traded corporations with large public market valuations....
...Follow the FT’s Global Banking Summit here...
...The new independent media company, Collective Newsroom, will be owned and operated by Indian BBC journalists who are leaving the corporation, and will provide news and other programming on a service contract...
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