Latest in AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe
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AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe
British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.CNBC - 13h -
AstraZeneca to invest $2.5bn in drugs research and manfacturing in Beijing
Pharma company will invest money over five years in ‘strategic partnership’ after ditching UK expansion. Business live – latest updates AstraZeneca will invest $2.5bn (£1.9bn) in research and ...The Guardian - 10h -
AstraZeneca to invest $2.5bn in China after scandal
London-listed drugmaker will establish research centre in BeijingFinancial Times - 15h -
EU probes BYD plant in Hungary over unfair Chinese subsidies
Investigation comes as Viktor Orbán has attracted large Chinese investments to his countryFinancial Times - 1d -
House GOP promotes use of 'Taiwan' over 'Chinese Taipei' in slight to Beijing
A group of House Republicans is introducing legislation to assert Taiwan as the official name of the independently-governed island in U.S. communication, pushing back against claims to the ...The Hill - Mar. 14 -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - Mar. 13 -
HMRC probes into unpaid capital gains tax trebled in 2023-24
UK tax agency is under growing pressure from government to increase revenue by improving complianceFinancial Times - 5d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - Mar. 12 -
Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself
Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.CNBC - 6d -
Belgian prosecutors make arrests in corruption probe linked to European Parliament
Belgian federal prosecutors say they've arrested several individuals as part of a corruption probe linked to the European Parliament amid reports in local media that Chinese company Huawei bribed ...ABC News - Mar. 13 -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 14h -
Here's how to get your tax refund quickly and invest it
According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your ...CBS News - 3d -
Taiwan revokes residency for Chinese TikTok influencer
Spouse of Taiwanese citizen had advocated for annexation by BeijingFinancial Times - Mar. 12 -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - Mar. 11 -
Belgium targets Huawei in EU corruption probe
Chinese company’s offices in Brussels raided as part of cash-for-influence investigationFinancial Times - Mar. 13 -
Chinese shares turn positive for the year
CSI 300 jumps after Beijing announces consumption plan amid growing hopes for the country’s AI sectorFinancial Times - Mar. 14 -
C.E.O.s Look Beyond a Rosy Inflation Report
Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.The New York Times - Mar. 13 -
US to probe Chinese telecom groups it suspects of posing security risk
Huawei, ZTE and China Telecom among companies targeted by new FCC investigationFinancial Times - 8h -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - Mar. 7 -
Chinese Nationalists Praise Trump’s Cuts to Voice of America
Beijing has long criticized the outlet, as well as Radio Free Asia, for highlighting human rights abuses in China.The New York Times - 3d -
SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.MarketWatch - 2d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - Mar. 9 -
Heathrow looks at building shorter third runway in bid to cut costs
London’s hub airport is preparing a detailed expansion plan after winning government backingFinancial Times - Mar. 8 -
Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - 6d -
UK looks at cutting digital services tax to avoid Trump tariffs
US ambassador Lord Peter Mandelson signals that a variety of options are on the tableFinancial Times - 6h -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - Mar. 11 -
China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - Mar. 11 -
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Trump Has Hinted at a Xi Visit. China Is Still Wondering What He Wants.
Chinese experts say Beijing is open to talks but is being stonewalled by the State Department and other official channels.The New York Times - 14h -
Even Republicans want to raise Social Security taxes
Wondering what fixing the program will look like? A new report gives us a clue.MarketWatch - 1d -
Many Chinese See a Cultural Revolution in America
People in China are expressing alarm at what looks like a familiar authoritarian turn in the United States, their longtime role model for democracy.The New York Times - Mar. 7 -
Maritime regulator says ‘fight fire with fire’ and levy China ships at US ports
Federal Maritime Commission chair says taxes on Chinese vessels docking in US should be used to create domestic championsFinancial Times - 4d -
China calls for protections for students in US after congressional panel demands data from colleges
Beijing has demanded protections for Chinese students in the U.S. after a congressional panel asked six American universities to hand over a large amount of detailed information on their Chinese ...ABC News - 1d -
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - Mar. 8 -
China’s bond yields are rising — but economists say deflation worries could soon pull them lower
Chinese commercial banks across the country have rushed to dole out cheaper consumption loans, heeding Beijing's call to bolster spending.CNBC - 18h -
New Zealand pitches itself as ‘safe harbour’ for foreign investments
PM Christopher Luxon looks to put country ‘squarely on the map’ after Jacinda Ardern eraFinancial Times - Mar. 13 -
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$100 billion Arizona chips project will break dependence on China, Taiwan's president says
Taiwan’s President hailed TSMC's massive investment in Arizona as the “best model” for efforts to build supply lines for chips that don’t rely on China.NBC News - 1d -
The EU wants to increase deportations and supports 'return hubs' in third countries
The European Union wants to increase deportations and is opening the way for “return hubs” to be set up in third countries for rejected asylum-seekersABC News - Mar. 11