Multinationals Don't Pay Less Tax Than Austrian Sausage Stands, No Chancellor, They Don't
false>> view originalHanjin Bankruptcy: What Does It Mean To The Global Containerized Shipping Industry?
First about Hanjin, we have a short chronology of events, which is part of the global shipping story that is currently struggling in a down turn. Hanjin Shipping (OTC:HNJSF) is the largest Korean Shipping line having a fleet strength of 99, out of which 62 are owned. It is part of the Hanjin groups that also owns Korean Air. Hanjin Shipping is among the top ten global container carriers, which has APM Maersk (OTCPK:AMKAF) as the global leader, followed by CMA CGM, MCA, COSCO (OTCPK:COIVF), Everg..>> view originalSaudi Arabia fleshing out plan to feed rest of its economy
TOKYO -- Spurred by the collapse in oil prices, Saudi Arabia has come up with "Vision 2030," a plan to lower its dependence on oil exports. Governments and companies from around the world are keen to take part."Vision 2030 has many aspects to it, but I think paramount among them is diversification of the Saudi economy," Khalid A. Al-Falih, minister of energy, industry and mineral resources for Saudi Arabia, told The Nikkei.Part of the diversification plan that the minister outlined involves ren..>> view originalEconomic summit opens amid sluggish growth, trade disputes
By JOE McDONALD, AP Business Writer HANGZHOU, China (AP) — Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid sluggish global growth and disputes over China's steel exports and Apple's Irish tax bill. China made trade a theme of the Group of 20 meeting even as Beijing faces complaints it is flooding world markets with low-cost steel, fueling demands for trade ..>> view originalDubai Ruler's Firm Plans Major New Property Development
DUBAI, United Arab Emirates â A company controlled by Dubai's ruler on Sunday unveiled plans for a vast mixed-use development that will create thousands of new homes and hotel rooms.Developer Dubai Holding said work on the new "Jumeriah Central" district will begin next year along Sheikh Zayed Road, the city's main artery. It will sit across from the Mall of the Emirates, home to an indoor ski slope.The project is expected to take years to complete at a cost of $20 billion. Plans call for 11..>> view originalTurkey Coop Home of Burt's Bees Co-Founder to Be Saved
The converted turkey coop that a co-founder of Burt's Bees once called home in Maine is going to be saved and displayed at the company's headquarters in North Carolina. Burt's Bees has bought the structure where Burt Shavitz once lived and has moved it to Durham, where it's going on display this fall. "It's a legacy project. It's going to be maintained so that people can see it and appreciate it," said Trevor Folsom, Shavitz's former personal assistant, who inherited the structure. "I just ..>> view originalOil-Pipeline Protest Turns Violent in North Dakota
BISMARCK, N.D.—A protest of a four-state, $3.8 billion oil pipeline turned violent Saturday after tribal officials said construction crews destroyed American Indian burial and cultural sites on private land in southern North Dakota. Morton County Sheriff’s Office spokeswoman Donnell Preskey said four private security guards and two guard dogs were injured after several hundred protesters confronted construction crews at the site just outside the Standing Rock Sioux reservation. One of the secur..>> view originalInternational Business|Raghuram Rajan, India's Departing Central Banker, Has a New Warning
Mr. Rajan, whose term expired on Sunday, is credited with helping stabilize the Indian economy. It was fighting double-digit inflation, a weakening of its currency and a plunging stock market when he took the job in 2013.But he also leaves bruised after a barrage of public attacks from the political base of conservatives and small-business interests of India’s governing Bharatiya Janata Party. They complained that he choked business by keeping interest rates high and requiring banks to clean up..>> view originalHong Kong Election Highlights Rising Anti-China Mood
HONG KONG â Hong Kongers voted Sunday in the specially administered Chinese city's most crucial election since the handover from Britain in 1997, the outcome of which could pave the way for a fresh round of political confrontations over Beijing's control of the city.The vote for Legislative Council lawmakers is set to test the unity of Hong Kong's pro-democracy camp as a new generation of radical activists, who emerged in the wake of 2014 pro-democracy street protests, joined the race.They'r..>> view original
Monday, October 3, 2016
Multinationals Don't Pay Less Tax Than Austrian Sausage Stands, No Chancellor, They Don't and other top stories.
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