Recent Posts

OECD says global tax deal may not come until October

Bloomberg A full global deal to overhaul taxation rules and make multinationals pay more in countries where they operate may not be achieved until October, the chief of the Organisation for Economic Cooperation and Development (OECD) said on Monday. Speaking in Paris, Angel Gurria said a “180-degree change in the position of the US” has accelerated the talks, making an ...

Read More »

Sweden’s export-driven economy returns to its pre-pandemic level

Bloomberg Sweden’s economy returned to its pre-pandemic level in the first quarter as the recovery in the largest Nordic economy is outpacing most of its wealthy peers. The gross domestic product was unchanged in the first quarter from the year-earlier level, on a calendar-adjusted basis, according to the Stockholm-based statistics office. Swedbank’s analysts Pernilla Johansson and Maria Wallin Fredholm said ...

Read More »

Generali offers $1.4b for Italian insurer

Bloomberg Assicurazioni Generali SpA offered to buy Italian insurer Societa Cattolica di Assicurazioni SC in a deal valuing the smaller rival at 1.5 billion euros ($1.4 billion). Generali, which already has a stake of about 24% in the company, is offering investors 6.75 euros per Cattolica share in an all cash deal, the insurer said in a statement. The offer ...

Read More »
Send this to a friend