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...The family-backed company bought London-listed speciality chemicals group AZ Electronic Materials for £1.6bn, including debt, in 2014....
...Ireland will raise its corporation tax to 15 per cent from 12.5 per cent, under one pillar of the deal....
...Once fully bedded in, the new 15 per cent minimum tax is expected to force multinationals to pay between 6.5 per cent and 8.1 per cent more tax, according to the OECD....
...He has already spent tens of millions on adverts set to run in the autumn during the run-up to Election Day, including more than $115.5mn for spots from the week of October 1 to the week of November 5....
...Public sector workers will receive a pay rise of 3.1—6.8 per cent next year, while state pensions will increase by about 6.2 per cent....
...SPDC controls 30 per cent of the so-called SPDC joint venture in partnership with the state-owned Nigerian National Petroleum Corporation, which controls 55 per cent....
...The sale, representing about 1.1 per cent of Berkshire’s holding in the technology company, was notable as Buffett had said as recently as 2021 that an earlier decision to cut its Apple stake was “probably...
...Five more top stories 1. China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region....
...Taiped holds a 30 per cent stake in the airport, with German airport investor AviAlliance owning just over 40 per cent and the Greek Copelouzos family has 5 per cent....
...This number still only accounts for about 1 per cent of the working-age population....
...Its 12.5 per cent tax rate helped attract global tech and pharmaceutical companies and has led to bumper returns....
...The BRC data suggested that the official measure of food prices would continue to ease further after slowing to 10.1 per cent in October from a peak of 19.1 per cent in March, the highest level in more than...
...Trust rests in a central counterparty, with a multinational corporation acting both as the custodian and the clearing house....
...The credit-ratings firm looks at eight of these so-called stablecoins and grades them on a scale of 1 (best) to 5 (worst)....
...But it gave all that back yesterday, when it announced it was closing 1,000 of its 16,000 stores and taking a charge....
...That €1,000 tax break has since been ruled out but cuts to the universal social charge — essentially another form of income tax — are expected as part of a €1.1bn tax package in this month’s budget....
...This week at least the damage to their respective market values has been limited, with falls of less than 5 per cent....
...Its all-in sustaining cost for the first half was $1,287 (£1,025.03) an oz, flat compared with the year before. Guidance for the full year has been tightened to $1,325-$1,350 an oz from just $1,350....
...If they continue to spend, he will be more reluctant to start cutting rates from their current 23-year high of between 5.25 per cent and 5.5 per cent....
...Earlier this month she added corporation tax to the list too, ruling out raising the levy from its current rate of 25 per cent....
...The four biggest banks alone hold about $1.8tn of deposits that pay zero interest. If that paid the roughly 5 per cent current level of interest rates it would amount to $90bn per year....
...Shares in ING, the biggest Dutch bank by assets, had fallen about 5.5 per cent by Friday afternoon, while those of rival ABN Amro were down about 4 per cent....
...His government also devised the 12.5 per cent corporation tax rate, which for a quarter century helped make Dublin a mecca for global companies....
...But this wealth hasn’t trickled down to the 1.7bn workers living in countries where inflation is rapidly outpacing their wages....
...BAE’s net debt as a percentage of earnings before interest, tax, depreciation and amortisation would increase from 0.5 to about 1.7 times....
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