Commencing on January 1st, businesses with annual sales above 750 million euros will be required to adhere to the OECD’s minimum tax rate of 15 percent. Gentiloni, the EU commissioner: “This is how we curb the race to the bottom.” However, several nations are still absent. Brussels – An important step towards achieving tax justice:…
Found agreement. Flexibility with regard to defence and green investments; until 2027, concentrate on how high interest rates affect the cost of debt. Giorgetti: “Italy has made great progress.” Brussels – Digital and green transitions are secure. The main objectives of the European Union’s agenda will receive the attention and time allotted to member states….
increase in government bond purchases as inflation increased In 2023, retail investors flocked to gilts and passive funds in an attempt to diversify their risks against economic instability and profit from yields driven higher by high interest rates. The second-largest investing platform in the UK, Interactive Investor, reported a 607% increase in gilt purchases in…
According to CIO Ivascyn, he has been betting more on UK government bonds than usual. One of the biggest active bond fund managers in the world has warned that there is a strong chance of a significant economic downturn in the UK next year. Pimco’s chief investment officer, Daniel Ivascyn, told the Financial Times that…
With regard to social and climate change, the partnership offers “the strongest social and climate commitments of any EU trade agreement with an African country.” The deal calls for Kenyan businesses to have duty-free access to the EU single market immediately and for Kenya to gradually open up to European businesses. Brussels – In Africa,…
December 18, Frankfurt – ECB officials Yannis Stournaras told that before starting to reduce borrowing costs from record highs, the bank must see inflation stabilise below 3% by the middle of next year. Stournaras’s remark, which comes from an outspoken dove, highlights the ECB’s determination to stop the biggest wave of inflation in the 20…
Important Points For £76.5 million ($97.1 million), Improbable sold The Multiplayer Group, a multiplayer gaming services company it acquired in 2019, to Keywords Studios. The CEO of Improbable, Herman Narula, told CNBC that the deal is a component of the company’s “venture builder” strategy, which entails investing in or acquiring teams with the…
