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Apple's Cook says global corporate tax system must be overhauled

Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration. The growth of internet giants such as Apple has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms over where multinational firms should be taxed. …read more […]

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Johnson, Macron Skip Davos 2020

Jan.20 — This year, there are some high profile no-shows at the annual World Economic Forum in Davos, Switzerland. Several G-20 leaders have chosen to skip the event. Bloomberg’s Stuart Wallace reports on “Bloomberg Markets: European Open.” …read more […]

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Johnson, Macron Skip Davos 2020

Jan.20 — This year, there are some high profile no-shows at the annual World Economic Forum in Davos, Switzerland. Several G-20 leaders have chosen to skip the event. Bloomberg’s Stuart Wallace reports on “Bloomberg Markets: European Open.” …read more […]

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3 Top-Notch “Strong Buy” Stocks Under $3

If you’re on a budget, yet in a risk-tolerant mood, it’s worth taking a look at penny stocks – companies whose shares sell for less than $5 apiece. Here you get a lot more for your money; For example, buying a single share of Amazon will set you back $1,865, but if you wanted to spend the equivalent amount on a stock worth $3, you could load up on 621 shares of company x.Is it worth it though? Of course, the risk is a lot higher and there’s a chance you could lose the whole investment. Some might not even …read more […]

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Top Funds Make $178 Billion in 2019

Jan.20 — Hedge funds made $178 billion for clients in 2019, but you still would have made a lot more money if you had just invested in a very cheap index fund. Bloomberg’s Dani Burger explains on “Bloomberg Markets: European Open.” …read more […]

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Vestas Takes Most Radical Step Yet Toward Zero Turbine Waste

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Vestas Wind Systems A/S, the world’s largest maker of wind turbines, has pledged to eliminate all waste in the production of its machines by 2040 as part of its drive to hit carbon neutrality by the start of the next decade.With wind power estimated to make up more than a quarter of the world’s power mix by 2050, installation of turbines will proliferate but with that comes the problem of increased amounts of industrial waste.Developers will come under more pressure to clean …read more […]