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British supply chain finance firm Greensill said on Tuesday it had entered a period of exclusivity with a global financial institution with a view to concluding a deal with them this week. ...
10 Min Read (Reuters) - As former U.S. President Donald Trump goes to trial this week in the Senate on charges of inciting the Jan. 6 Capitol insurrection, criminal and civil investigations into his businesses are accelerating in New York. FILE PHOTO: U.S. President Donald Trump waves as he arrives at Palm Beach International Airport in West Palm Beach, Florida, U.S., January 20, 2021. REUTERS/Carlos Barria Manhattan prosecutors probing Trump’s real-estate business for possible insurance and tax fraud have stepped up witness interviews in recent months and hired forensic accountants, four...
Breakingviews 6 Min Read LONDON (Reuters Breakingviews) - At budget time, finance ministers sometimes cite the words of Jean-Baptiste Colbert, Louis XIV’s finance minister, that “the art of taxation consists in so plucking the goose as to obtain the largest possible quantity of feathers with the smallest possible amount of hissing”. In truth, fiscal policymakers nowadays tend to see taxation as a science rather than an art. People walk over Waterloo Bridge, amidst the coronavirus disease (COVID-19) outbreak in London, Britain, February 5, 2021. The UK Treasury has estimated that the inc...
Breakingviews 1 Min Read LONDON (Reuters Breakingviews) - From self-funding tax cuts to runaway executive pay, economists have provided intellectual support for seriously flawed policies. Reuters journalist Tom Bergin, author of “Free Lunch Thinking” tells Peter Thal Larsen how dodgy theories helped mislead politicians and the public. Breakingviews Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of ...
BEIRUT/TRIPOLI (Reuters) - A Lebanese man was killed in Tripoli on Thursday in clashes between security forces and protesters angry that a strict lockdown has left them with no means to survive the economy's collapse.