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ANALYSIS-A taxing question for multinationals leaves stocks unscathed Reuters 5 hrs ago By Thyagaraju Adinarayan and Sujata Rao Popular Searches LONDON, April 8 (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings. The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a push to upend international tax rules. Yet stoc...

5 Min Read LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in profits every year to low-tax havens, as well as triggering a fundamental reassessment of corporate earnings. FILE PHOTO: U.S. President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021. REUTERS/Kevin Lamarque//File Photo The chances of such reform rose this week as Treasury Secretary Janet Yellen threw the weight of the U.S. government behind a ...

Adobe Stock General Motors said it will extend production cuts at three of its North American plants until at least mid-March because of a semiconductor chip shortage around the world, according to Reuters. The company also said vehicles at two other factories will be only partially built in the meantime. GM did not disclose the impact on its volumes or indicate which supplier and vehicle parts were affected by the shortage. The company did say that it will focus on keeping production running at plants manufacturing the highest profit vehicles: full-size pickup trucks and SUVs, Reu...

Maritime container freight shipping is steaming ahead through the Covid-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according to industry experts

LONDON, Feb 7 — Maritime container freight shipping is steaming ahead through the Covid-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according to industry experts. The Freightos Baltic Global Container Index (FBX), which tracks the cost of container...