Europe’s biggest banks are booking an average of 20 billion euros ($23.7 billion) in tax havens every year, according to a new report.
Schlagwort-Archiv: Markets
Some Chinese stocks briefly surge 30% as investors bet on a new Beijing exchange opening
Chinese President Xi Jinping announced Thursday a new stock exchange in Beijing would launch soon.
Citi sets up new team to help ‚emerging‘ Chinese companies expand to Singapore
Citi Commercial Bank has set up a China desk in Singapore dedicated to helping mid-sized Chinese firms expand into the city state and Southeast Asia.
SPACs offer hope for reviving Singapore’s flagging IPO market
Singapore’s stock exchange began allowing SPACs to list Friday, a move which it hopes will draw more firms to raise funds amid a stagnant IPO market.
Didi jumps nearly 10% this week amid report of Chinese government taking it over
State-owned companies based in Beijing would invest in Didi to gain control under the early-stage proposal pending government approval, Bloomberg News reported.
Engine No. 1 takes climate fight to other big oil companies after underdog win at Exxon
Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies, a source familiar told CNBC.
Federal unemployment benefits end this weekend for millions of Americans. Many are scared of what comes next
Federal unemployment programs in place since March 2020 are ending. Recipients unable to find work are worried about the ability to pay bills.
Stocks making the biggest moves midday: Didi Global, Nvidia, PagerDuty and more
These are the stocks posting the largest moves in midday trading.
3.2 million Americans are still long-term unemployed as benefits are set to expire
More than a third of the unemployed have been out of work for at least six months, as federal jobless benefits expire and a national eviction ban was overturned.
Didi jumps 14% on the week amid report of Chinese government taking it over
State-owned companies based in Beijing would invest in Didi to gain control under the early-stage proposal pending government approval, Bloomberg News reported.