July 9, 2024
“…France’s wealth tax was first introduced in 1982 by Francois Mitterrand, the then-president. Since then it has been scrapped, reinstated and reformed by successive governments The “impôt de solidarité sur la fortune” – as it is known in France –… Continue Reading…
May 18, 2023
“A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis… Continue Reading…
March 14, 2022
“…Record high natural gas prices have forced the company he runs, fertilizer producer Yara International, to curtail its production of ammonia and urea in Europe to 45% of capacity. With less of those two essential agricultural ingredients, he expects knock-on effects… Continue Reading…
December 15, 2021
“London (CNN Business)Germany is teetering on the brink of recession this winter as supply bottlenecks and a wave of new coronavirus cases hobble the economy. Europe’s largest economy will shrink 0.5% in the fourth quarter of this year, compared with the third, and stagnate… Continue Reading…
October 7, 2021
“…News of a possible debt-ceiling accord stoked the biggest positive turnaround in the equity market in more than seven months on Wednesday, and stocks extended gains Thursday. In the bond market, traders bid back up the prices of Treasuries set… Continue Reading…
May 13, 2020
“Carriers’ stocks have tanked in response. Warren Buffett recently revealed that Berkshire BRK.A, -1.37% had sold off all of its holdings in the airline sector, including stock in Delta DAL, -6.99%, American Airlines AAL, -6.94% and Southwest LUV, -5.76%. Boeing BA, -3.21% Chief Executive David Calhoun suggested that a major airline will “most likely” go under… Continue Reading…
April 22, 2020
“Gym chain 24 Hour Fitness is working with advisors at investment bank Lazard and law firm Weil, Gotshal & Manges to weigh options including a bankruptcy that could come as soon as the next few months, people familiar with the… Continue Reading…
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