WASHINGTON (Reuters) -The U.S. Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for U.S. multinational firms.FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in […]

Shortages of chips will impact the car market. Engineering and Technology company Bosch said that the shortage of semiconductors or chips is a global reality and the impact of this is for the world as much as for India. Soumitra Bhattacharya, MD, Bosch reiterated what Bosch CEO Volkmar Denner said a few days back, that the shortages of chips will […]

TOKYO (Reuters) – Asian tech and growth stocks rallied on Friday, following Wall Street’s overnight lead, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April 16, 2018. REUTERS/Stringer […]

Only 10 per cent of stocks account for 93 per cent of investments.Sachin P Mampatta reports. Foreign portfolio investors have increasingly put more of their eggs in a smaller basket of Indian stocks. The recent sell-off and the advent of technology companies listing on stock exchanges could be factors that might favour a rejig resulting in increased diversification, according to […]

Even when large businesses said they were flying blind in mid-2020, the markets rallied and an incredible business boom followed.This is not to say that the markets will continue to rally and there is nothing to worry about, observes Debashis Basu. One of the most baffling paradoxes currently confronting us is the inexorable rise of the stock markets through the […]

In one of the most astounding periods of executive shuffling in the recent history of advertising, another CEO at a major agency will be ending his tenure. This morning, staff were informed that FCB boss Paul Shale would be stepping away from his role. Shale joined the agency approximately three years ago, brought in to steady the ship after a […]

Four family members face murder charges after being accused of ambushing and fatally shooting a neighbor they suspected of vandalizing their home in Houston. Police say the family pursued the wrong man — in fact, authorities say the victim, 29-year-old Eddie Clark, had never before met the family members prior to the fatal shooting late Monday night. Joe Argueta, 19; his mother, […]

PENSACOLA, Fla. – The mother of an 11-year-old girl who fended off a would-be kidnapper at her bus stop this week says the girl had the presence of mind to mark the man with the freshly dyed homemade blue slime she was playing with at the time.  Amber Bonal, the mother of 11-year-old Alyssa Bonal, the victim of the attempted kidnapping, said her daughter told her […]