Monthly Archives: April 2017

Trump could target ‘carried interest’ tax loophole: official

WASHINGTON (Reuters) - The Trump administration's push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince Priebus said on Sunday.

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Siemens, SAP sign cooperation deals with Saudi Arabia: officials

JEDDAH (Reuters) - Saudi Arabia wants German companies Siemens and SAP to play an important role in furthering the kingdom's "digital transformation", company officials said on Sunday during German Chancellor Angela Merkel's visit to the country.

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Off target in 2016, global elite regroup at Milken conference

BEVERLY HILLS, Calif. (Reuters) - Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate - and profit from - hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.

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China April manufacturing growth slows faster than expected

BEIJING (Reuters) - Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on deman...

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South Korea already working on reducing trade surplus with U.S.: finance minister

SEOUL (Reuters) - South Korea's finance minister said on Sunday the government was already working on downsizing its trade surplus with the United States, a reference to U.S. President Donald Trump's comments Thursday that Washington will renegotiate o...

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British PM May sets out plans to protect pensions during takeovers

LONDON (Reuters) - British Prime Minister Theresa May pledged to protect workers against irresponsible practices over pensions on Sunday, promising new regulations on how schemes are handled during corporate takeovers.

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Bailout or bust? Alitalia divides a nation, paralyzes Rome

ROME/MILAN (Reuters) - Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed.

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