When multinational corporations set up headquarters or subsidiaries in the countries with the most attractive tax systems and favorable secrecy laws, they can pay almost no taxes on billions in revenue. To attract business, countries Read more…
NZD/USD’s down trend resumes this week by breaking 0.6700 support and hit as low as 0.6659 so far. Immediate focus is now on channel support at 0.6640. Firm break there will be a sign of Read more…
Suburbanites will soon be able to experience the thrill of taking something off the shelf and walking out of the store with it — but it won’t be shoplifting. Some lucky suburbanites will soon be Read more…
A solid 2022 outlook, including free cash flow of around $10.25 billion, added to IBM’s stronger-than-expected fourth quarter earnings late Monday. International Business Machines (IBM) – Get International Business Machines Corporation Report shares jumped higher in Read more…
Johnson & Johnson topped the Street’s Q4 earnings forecast, but fell modestly shy on revenues even as it sees Covid vaccine sales rising to $3.5 billion this year. Johnson & Johnson (JNJ) – Get Johnson Read more…
The escalation of US-Russian tensions over Ukraine and hawkish Feds policy is worrying for investors which are moving into cash. We see a sharp sell-off on the stock market which may try to stabilize, but Read more…
A weaker-than-expected 2022 earnings outlook, and softer Q4 revenues have GE stock trading sharply lower Tuesday. General Electric (GE) – Get General Electric Company Report posted stronger-than-expected fourth quarter earnings Tuesday, but fell short of revenue Read more…
Stock futures trade lower after last night’s stunning late-session rally; IBM shares leap after solid Q2 earnings, cloud revenue outlook; Microsoft earnings to put gaming, cloud divisions in focus; Tesla moves closer to investment grade Read more…
In an interview with Verslo žinios, ECB Chief Economist Philip Lane said, “in the near term, there are some risks from the Omicron variant. But I think it’s increasingly clear that the impact is only Read more…
Illustration by Alex Castro / The Verge The Dutch competition regulator, the Authority for Consumers and Markets (ACM), has fined Apple €5 million (around $5.6 million) for failing to let dating app developers use third-party Read more…