Pricing climate transition risk in Europe’s equity market
A successful green transition will require a major reallocation of resources away from emissions-intensive to emissions-light activities. This column assesses whether climate transition risk is
New Zealand plans digital services tax for multinationals from 2025
New Zealand said on Tuesday it would introduce legislation for a digital services tax on large multinational companies from 2025 after talks for a global
OpenAI releasing version of ChatGPT for large businesses
Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to large businesses, increasing the overlap in what OpenAI and
China extends tax breaks for foreign workers until 2027
China will extend preferential tax policies for foreign nationals working in the country through to the end of 2027, the finance ministry said on Tuesday,
Wall Street ends higher as investors await US inflation, jobs data
Wall Street ended higher on Monday, with gains in 3M and Goldman Sachs ahead of key inflation and jobs data this week that will offer
Toyota’s Japan production at standstill as system failure hits assembly plants
Toyota Motor Corp on Tuesday said it has suspended operations at all of its assembly plants in Japan due to a production system malfunction, bringing domestic
Should central banks abandon single point forecasts?
Single point forecasts for growth, inflation, interest rates, and so on are easy to comprehend and to check against outcomes, and are what otherwise busy
Exclusive: With Tesla push, India mulls import tax cut if EV makers build locally
India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal
Swiss Competition Commission examining UBS takeover of Credit Suisse
Switzerland’s Competition Commission is looking into UBS’s (UBSG.S) takeover of Credit Suisse, the authority said on Monday. In March, the Swiss government, central bank and financial regulator
US Commerce chief raised Micron, Intel with Chinese officials
U.S. Commerce Secretary Gina Raimondo said on Monday that she raised concerns about a number of U.S. business issues including Intel (INTC.O) and Micron (MU.O) with Chinese Commerce Minister
