(Bloomberg) — Donald Trump promised to lower the corporate tax rate to 20%, further reducing the income levy on the largest US companies that he already slashed while president, according to people familiar with the remarks.The presumptive Republican presidential nominee pitched his support for cutting the business tax rate during a private meeting in Washington … Read more
Former President Donald J. Trump told a group of America’s most powerful chief executives on Thursday that he intended to cut the corporate tax rate to 20 percent from 21 percent, according to three people who attended the meeting and who spoke on the condition of anonymity because the ground rules stipulated the meeting was … Read more
Former President Donald Trump said Thursday during a meeting with top CEOs in Washington, DC, that he wanted to slash the corporate tax rate to 20% — hours after discussing trade and other policies with Republicans on Capitol Hill. The presumptive 2024 Republican nominee held a private meeting with 80 executives to pitch the rate … Read more
Samsung Electronics (005930.KS) said on Thursday its chairman met with the heads of Meta (META.O), Qualcomm (QCOM.O) and Amazon (AMZN.O) this week to discuss cooperation and that topics included artificial intelligence, cloud services and chips.Meta’s Mark Zuckerberg invited Jay Y. Lee to his home on Tuesday and their discussions spanned AI as well as virtual … Read more
The African National Congress (ANC) was holding last-minute talks with other parties on Thursday to thrash out a deal to form South Africa’s next government, as its secretary-general said it aimed to work with as many parties as possible. The broad parameters of a deal need to be agreed in time for the first convening … Read more
West Texas Intermediate remains steady with thin trading, possibly due to anticipation of upcoming producer price figures from the US. The WTI crude oil hovers around $78.00 per barrel in European trading on Thursday. Oil traders have absorbed the hawkish stance maintained by the US Federal Reserve, with the Federal Open Market Committee (FOMC) keeping … Read more
The Hellenic Healthcare Group (HHG), owner and operator of nine leading private hospitals in Greece and Cyprus, has added the American Medical Center and the American Heart Institute in Nicosia to its portfolio of healthcare facilities and services. The value of the deal and the size of the equity stake were not disclosed. The AMC, … Read more
Possible disciplinary offences by state officials have been recorded in the investigation into illegal intervention in the Akamas, Agriculture Minister Maria Panayiotou said on Wednesday.An investigative officer is expected to be appointed to examine the potential offences. Speaking after the cabinet meeting at the presidential palace, Panayiotou told the press she briefed the ministers on … Read more
The OECD is developing ways to increase taxes on international businesses, cross-border investment and global levies on wealth and energy generation. Mathias Cormann, former finance minister of Australia, is the sixth secretary-general of the OECD, in office since June 2021, appointed by the member governments for a five-year term. On his watch, the organization continues its … Read more
A new agreement between Moscow and Tehran on comprehensive cooperation has been temporarily suspended due to problems that Iranian partners are facing, Russia’s RIA state news agency reported on Tuesday citing a Russian foreign ministry official.“This is a strategic decision of the leadership of the two countries,” RIA cited Zamir Kabulov, the foreign ministry official … Read more