Following U.S. President Joe Biden updating an executive order banning non-compliant Chinese companies from US stock exchanges, global index publisher FTSE Russell said it will remove a further 20 Chinese companies from its indexes. Many of these companies have alleged… Read More ›
Following two days of negotiations, most of the countries negotiating a global overhaul of cross-border taxes have backed plans for new rules which will see companies being taxed at a minimum of 15%. According to Organisation for Economic Cooperation and… Read More ›
U.S. President Joe Biden is scheduled to meet financial regulators on Monday for an update on the country’s financial systems and institutions, said press secretary Jen Psaki in a statement. “The meeting will cover regulatory priorities including climate-related financial risk and… Read More ›
In a significant development, U.S. President Joe Biden is aiming to intensify efforts to renew transatlantic relations. On Tuesday, he will be meeting leaders from the European Union to cool off trade tensions and join forces to defeat the coronavirus-induced… Read More ›
In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
In a statement social media giant Facebook Inc said, it will resume making donations to U.S. lawmakers but will not support 147 lawmakers who voted against U.S. President Joe Biden’s electoral certification in January. Pending a review of the January… Read More ›
The Joe Biden Administration has defended a proposal by ConocoPhillips for developing oil fields in Alaska, backing the drilling project which was approved under the Trump Administration. “A Wednesday filing by the U.S. Department of Justice continues to defend a… Read More ›
A report from The Telegraph stated, the UK treasury may back a global overhaul of corporate tax as outlined by U.S. President Joe Biden if the White House supports its demand to crack down on U.S. tech giants. Britain has… Read More ›
In a statement U.S. climate envoy John Kerry said, a regulatory requirement on companies and financial institutions requiring them to disclose climate change related risks will spark huge investment flow in green capital investments across the world; he went on… Read More ›
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