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Page 26 - பிரஞ்சு நிதி அமைச்சர் புருனோ லெ மேர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Draghi Shuns Chinese Cash With European Recovery Funds Coming

Publishing date: Apr 22, 2021  •  1 hour ago  •  3 minute read  •  Article content (Bloomberg) With about 200 billion euros ($240 billion) of European recovery funds set to pour into Italy, Prime Minister Mario Draghi has redoubled efforts to shield local companies from foreign takeovers, particularly from China. The strategy saw Italian and French ministers coordinate to scuttle the sale of the Turin, Italy-based Iveco SpA truck and bus unit to China’s FAW Group Co. this month, according to officials who asked not to be named discussing confidential talks. We apologize, but this video has failed to load. Try refreshing your browser, or Draghi Shuns Chinese Cash With European Recovery Funds Coming Back to video

Biden s Tax Overhaul Puts Ireland s Corporate Rate in the Spotlight

Published 2 hours ago • Updated 2 hours ago Erin Scott | Pool | Getty Images Biden s Made in America plan, which proposes a global minimum tax rate, has reignited the flame. While Treasury Secretary Janet Yellen said that the race to the bottom on corporate tax rates needs to end. Consensus on tax is a debate that has fizzled for years. Any alterations to the corporate tax landscape will have an effect on Ireland, which has stood firmly by its 12.5% rate for years. DUBLIN Ireland s low corporate tax rate finds itself in the limelight again as U.S. President Joe Biden attempts to revamp the global tax landscape.

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