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The EU faces a make-or-break moment on taxes

The current European Commission could go out with a bang if it moves ahead with a plan to grab more tax-setting authority from EU member states. We could find out next week whether multinational companies using various tax-avoidance strategies in Europe will have more to fear than they do with the current periodic harassment disguised as enforcement of the EU’s ...

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US stocks fall, bonds rise as China weighs on technology

Bloomberg US stocks declined as weak Chinese trade data spurred concerns about slowing global growth. Treasuries rose and the dollar edged lower. The S&P 500 fell after rising for a third straight week, led by technology shares after slumping Chinese exports fuelled concerns about the growing impact of the US-China trade war on global growth. PG&E plunged after the utility ...

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Bleak pound outlook clashes with its rivals

Bloomberg The pound’s most accurate forecaster isn’t buying into the optimism of his peers. Sterling will slide more than 3 percent to $1.24 by the end of March as even the most favourable Brexit outcome will mean the economy will be worse off than if “remain” had won the 2016 referendum, according to Westpac Banking Corp. The median estimate in ...

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