Tag:Economy

European and US equities held back by fresh virus woes

London, United Kingdom: European and US stock markets wobbled on Wednesday despite bumper Asian gains as a surge of the coronavirus Delta variant fanned fresh...

US had a two-month recession in 2020: researchers

Washington, United States: The US economy was in recession for two months in 2020 at the beginning of the Covid-19 pandemic as businesses shut...

Better economy, merger boom boosts US bank earnings

New York, United States: Profits at Goldman Sachs leaped on a merger boom, while JPMorgan Chase's results were boosted by the halo effect on...

G20 finally endorse global tax reform

Venice, Italy: G20 finance ministers on Saturday gave their backing to a historic deal to overhaul the way multinational companies are taxed and urged...

Global minimum tax deal: what you need to know

Paris, Italy: Some 131 nations have agreed to what would be the biggest international tax reform in a generation to clamp down on big...

Ireland’s low-tax economy can survive OECD reform: experts

London, United Kingdom: Far-reaching global tax reforms are reaching fruition and on the face of it, Ireland has most to lose after the small...

Global tax deal backed by 130 nations

Paris, France: A total of 130 countries have agreed on a global tax reform ensuring that multinationals pay their fair share wherever they operate,...

Tokyo stocks close higher after US infrastructure deal

Tokyo, Japan: Tokyo shares closed higher on Friday as investors cheered news that Washington had reached an agreement over massive infrastructure spending plans. The benchmark...

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Swiss unanimously votes for same-sex union referendum

GENEVA — In Switzerland, a controversial same-sex marriage referendum has been resoundingly approved by voters of the conservative, rich Alpine...
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New Covid surge overwhelms hospitals in parts of US

WASHINGTON, D.C. — According to one of the country's top health officials, the spike in coronavirus cases in the...

China wants effeminate male celebs to man up

WASHINGTON — Macho men are in and effeminate male performers are out as Beijing expands its crackdown on China's entertainment...

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