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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...International firms have also had to navigate mounting geopolitical tensions between Beijing and Washington, where a select committee has scrutinised American business on the mainland....
...However, some analysts question the share price impact of thermal coal divestments of industry peers Anglo American and Rio Tinto, arguing that the moves have not lifted their shares....
...One may doubt the diplomatic wisdom of the decision of the chair of the US Federal Deposit Insurance Corporation to criticise the Swiss government’s handling of the Credit Suisse failure (Report, April 11...
...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...
...The Swiss cement giant Holcim plans to spin off its North American business and list it in the US, as it seeks to unlock value and speed up growth for the unit.The Zug-based group also announced that the...
...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....
...True, American tech is better than European tech. But so is the branding of American tech....
...Three other international courts — the International Court of Justice, the International Tribunal for the Law of the Sea and the Inter-American Court of Human Rights — are deliberating similar cases this...
...In Andermatt-Sedrun, another Swiss ski and golf resort in which a majority stake was bought by Vail Resorts a year ago, the number of overnight stays by North Americans quadrupled last winter....
...The International Court of Justice, the International Tribunal for the Law of the Sea and the Inter-American Court of Human Rights are all deliberating similar cases related to governments’ liability to...
...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....
...Holcim thinks its standout US business, now currently 40 per cent of group sales, can command a higher valuation in line with American peers....
...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....
...But the listing has proved complicated for American banks because ChemChina was placed on a US government watchlist of companies with ties to the Chinese military....
...Rolex has managed its growth so smoothly that it now holds 30 per cent of Swiss watch retail sales....
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...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....
...“Sometimes locals don’t like big corporations taking over their home resort,” he said....
...The German group is the single largest member of Swiss-based Intersport International Corporation, which operates in 42 countries and is one of Europe’s leading sports retailers generating €13.7bn in revenue...
...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...
...The Swiss National Bank unexpectedly cut rates on Thursday, making it the first central bank of a major western industrialised country to do so in the current cycle, but the Fed and the ECB are not expected...
...The research found Hermès’ 13.8 per cent increase in sales, in Swiss francs, in 2023 outperformed the wider Swiss industry, which achieved a 7.7 per cent rise in exports in the 12-month period....
...Disposals included the sale of its assets in Germany, Czech Republic, Hungary and Romania to Vodafone for €18.4bn in 2019 and spinning out its Latin American business in 2018....
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