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...The EU has cleared Beko-maker Arçelik’s deal to buy the majority of Whirlpool’s European home appliances business just weeks after the UK competition regulator opened an in-depth probe into the tie-up....
...business of US group Whirlpool, which owns Hotpoint and Indesit....
...Other companies: General Dynamics, AT&T, Hilton, Biogen and Hasbro are all reporting before the bell. Chipotle, Ford, Whirlpool and Wyndham Hotels will report after the market closes....
...The EU competition authority has set a deadline of October 23 to make a ruling on the Arçelik-Whirlpool deal, according to a filing last week....
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...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....
...Without confident and unimpeachable news output, the corporation itself has little reason to exist....
...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
...Whirlpool should easily cover its expected dividends with free cash flow in the next two years. European companies depend more heavily on dividends for shareholder loyalty than US peers....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...“We can say with reasonable confidence at this point that the era of corporation tax overperformance is coming to an end.”...
...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....
...But what if the productivity gap is really about how large corporations use their economic and political power to squeeze out innovation in favour of larger profit margins?...
...But the stock he purchased at the time was not that of Medivation. Rather he acquired shares of another life sciences company Incyte. Its shares jumped 8 per cent on the Medivation deal....
...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...
...Meta, General Dynamics, AT&T, Hilton, Biogen, Hasbro, Chipotle, Ford, Whirlpool and Wyndham Hotels also report earnings....
...Overall in the year to date, corporation tax has raised €22bn compared with a little over €21.1bn in the first 11 months of last year....
...The polythene membrane that rings the stage supplies the evening’s climax when the silvery material quivers and ripples like a whirlpool of mercury (or the old Doctor Who credits) while Horn capers, apelike...
...Despite the struggles in Europe, Arçelik is pushing ahead with a deal that will hand it control of Whirlpool’s European home appliance business....
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...Across the US, the effective tax rate paid by large profitable companies is far lower than the statutory rate....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...demand for the publicly funded corporation....
...Ireland is awash in cash from corporation tax revenues paid by tech and pharma companies....
...Chinese anti-corruption authorities are investigating a senior executive at one of the country’s top military equipment suppliers, China Electronics Technology Group Corporation, in a new sign of turmoil...
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