EU to crack down on sweetheart corporate tax deals, TikTok injunction, Turkey central bank
Brussels steps up its campaign against sweetheart corporate tax deals in the EU, TikTok has asked a federal judge to prevent the Trump administration from blocking downloads of the video-sharing app, ...
24 Sep 20209min
Advertisers call truce with Facebook, coronavirus job toll, BoE on negative rates in near future
Facebook, YouTube and Twitter have reached a deal with big advertisers on harmful content, the Covid-19 pandemic will destroy at least 100m jobs worldwide this year and the Bank of England rules out n...
23 Sep 20209min
Stocks dive on Monday, Tiffany gets speedy trial, Tesla’s annual stockholder meeting
Global stocks suffered a heavy hit on Monday in a rush of nerves about potential new Covid-19 lockdowns, and LVMH’s attempt to walk away from its $16.6bn takeover of Tiffany will go to trial in Januar...
22 Sep 20208min
UK weighs new lockdown, ECB measures bond buying program, Trump on Chinese tech
Rishi Sunak is set to extend the Treasury’s UK-wide programme of business support loans ahead of what’s expected to be a challenging winter for Covid-19, the European Central Bank has launched a sweep...
21 Sep 202010min
ByteDance pledges TikTok IPO, Mulvaney on Brexit, Biden tries to win with Latino voters
ByteDance has agreed to list TikTok on a US stock market at some point after its proposed partnership deal with American software group Oracle, and Donald Trump ’s special envoy to Northern Ireland ha...
18 Sep 202010min
Fed eyes low rates until 2023, Trump calls for stimulus, Snowflake IPO
The Federal Reserve projects no interest rate increases until at least the end of 2023, and US President Donald Trump has urged Senate Republicans to increase the size of their stimulus proposal. Plus...
17 Sep 20207min
TikTok set to become standalone US company, central banks preview, Nikola fights off fraud claims
ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, FedEx delivered a forecast-beating fiscal first quarter on the back of ...
16 Sep 20209min
White House reviews TikTok deal, Nvidia’s Arm Holdings deal, VW on ‘Dieselgate’
The Trump administration will review the “technical partnership” deal struck between Oracle and ByteDance before deciding whether to approve the agreement, Nvidia’s $40bn agreed purchase of Arm Holdin...
15 Sep 20209min
