October 8, 2021 (Reuters) – Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Friday he was encouraged by a recent conversation with Peruvian President Pedro Castillo about taxation and corruption in the world’s second-largest copper producing country. Castillo, a member of a Marxist-Leninist party, swept into office last summer on promises to increase mining industry […]
In Mexico, hundreds of U.S.-bound migrants found packed in trucks
October 8, 2021 MEXICO CITY (Reuters) – Police in northern Mexico discovered more than 600 Central American migrants hiding in three long cargo trucks headed to the United States late on Thursday, in one of the biggest round-ups of U.S.-bound migrants by Mexican authorities in years. Video released by police showed officers prying off a […]
Mexico, U.S. to work on reducing drug use, trafficking of U.S.-made weapons – statement
October 8, 2021 MEXICO CITY (Reuters) – Mexico and the United States will join forces to invest in public health around drug use, reduce arms-trafficking and dismantle criminal networks as part of a new security accord, the countries said in a joint statement on Friday. The neighbors will also work together to dismantle the trafficking […]
Ukraine widens probe against Kremlin ally Medvedchuk
October 8, 2021 By Pavel Polityuk and Natalia Zinets KYIV (Reuters) – Ukrainian prosecutors said on Friday they had widened an investigation into pro-Russian lawmaker Viktor Medvedchuk, accusing him of colluding with senior officials to finance separatist forces in the eastern Donbass region. In May, authorities put Medvedchuk, the Kremlin’s most prominent ally in Ukraine, […]
Brazil’s Guedes says offshore investments are legal and were declared
October 8, 2021 BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Friday that his offshore investments are legal and were declared, adding that there was too much “noise” regarding the matter after the “Pandora Papers” revelations. Guedes said in an event hosted by Banco Itau that he is being personally attacked due to […]
UN rights office congratulates all journalists on Nobel Peace prize
October 8, 2021 GENEVA (Reuters) – The U.N. human rights office congratulated Maria Ressa and Dmitry Muratov on receiving the Nobel Peace Prize on Friday, saying it was “recognition of the importance of the work of journalists in the most difficult circumstances”. “Throughout the years we’ve seen an increase in attacks in journalists during the […]
Journalists who took on Putin and Duterte win 2021 Nobel Peace Prize
October 8, 2021 By Nerijus Adomaitis, Andrew Osborn and Karen Lema OSLO/MOSCOW/MANILA (Reuters) -Journalists Maria Ressa and Dmitry Muratov, who braved the wrath of the leaders of the Philippines and Russia to expose corruption and misrule, won the Nobel Peace Prize on Friday, in an endorsement of free speech under fire worldwide. The two were […]
Austrian government teeters as Greens seek options to oust PM Kurz
October 8, 2021 By Francois Murphy VIENNA (Reuters) -Austria’s governing coalition was on the brink of collapse on Friday as its junior party said it wanted to oust Chancellor Sebastian Kurz now that he has been placed under investigation on suspicion of corruption offences. Kurz denies wrongdoing and says he is willing to keep governing […]
Global minimum corporate tax rate has been reached: OECD
October 8, 2021 By Leigh Thomas PARIS (Reuters) – A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and Development said on Friday. The OECD said four countries – Kenya, […]
Oil prices surge; U.S. crude touches high above $80 a barrel
October 8, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil prices rose on Friday, up more than 4% on the week as a global energy crunch has boosted prices to their highest since 2014 and prompted China to demand increased coal production. With global energy demand growing, OPEC and allied producers have said they would […]
EU warns of security risks linked to migration from Afghanistan
October 8, 2021 (Reuters) – Europe must take the security threats that might arise from migration out of Afghanistan more seriously, EU Home Affairs Commissioner Ylva Johansson warned on Friday. “On the terrorist threat from Afghanistan, I must say that my assessment is that the alert level is not high enough. We really need to […]
Republicans Mischaracterize Proposed Financial Reporting Requirement
To help detect unreported income and narrow the gap between federal taxes collected and owed, the Biden administration has proposed expanding annual reporting requirements for banks and other financial institutions to include the total amounts of money flowing in and out of all business and personal accounts worth at least $600. “We’re simply asking to […]
Bradley Tusk is seizing the moment: “We’re investing, we’re incubating, we’ve got SPACs”
Whether or not we’re at some kind of tipping point right now, venture investors, old and new, have done very well in recent years, with their limited partners notching the biggest gains in decades. Among the newer VCs to be having a time of it is Bradley Tusk, the political strategist, lobbyist, and founder of […]
Soccer-Human rights groups criticise Newcastle sale to Saudi-led consortium
October 8, 2021 By Dhruv Munjal (Reuters) -Saudi Arabian human rights group ALQST accused the Premier League of being driven only by money and employing ‘profoundly inadequate’ criteria for assessing human rights considerations in the wake of Newcastle United being acquired by a Saudi-led consortium. Saudi Arabia’s Public Investment Fund (PIF) — chaired by Crown […]
Wall Street dips after September jobs miss
October 8, 2021 By Noel Randewich and Devik Jain (Reuters) – U.S. stocks dipped on Friday after data showed jobs growth in September was weaker than expected, yet investors still expected the Federal Reserve to begin tapering asset purchases this year. Comcast Corp tumbled 4.3% after Wells Fargo cut its price target on the media […]
TikTok adds new sound partners to allow brands to leverage audio on the platform
TikTok is announcing new partnerships aimed at making it easier for brands to tap into music and sound on the platform. The company has expanded its TikTok Marketing Partners program and introduced six certified partners that will help brands create “sound-on” strategies for the platform. TikTok notes that it essentially wants to connect brands with […]
Private equity is ready to take MSP consolidation to the next level
Mike McGill Contributor Share on Twitter Mike McGill is a managing director of investment banking at Cowen and Company, LLC: Member NYSE, FINRA and SIPC. Kevin Jolley Contributor Share on Twitter Kevin Jolley is a managing director of investment banking at Cowen and Company, LLC: Member NYSE, FINRA and SIPC. The outlook for managed services […]
Milestone global corporate tax deal finally gets agreement
October 8, 2021 By Leigh Thomas PARIS (Reuters) -A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed after Ireland, Estonia and Hungary agreed to sign up to the elusive landmark accord. The agreement aims to end a four-decade-long […]
Brazil’s Guedes says offshore investments are legal and were declared
October 8, 2021 BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Friday that his offshore investments are legal and were declared, adding that there was too much “noise” regarding the matter after the “Pandora Papers” revelations. Guedes said in an event hosted by Banco Itau that he is being personally attacked due to […]
UN rights office congratulates all journalists on Nobel Peace prize
October 8, 2021 GENEVA (Reuters) – The U.N. human rights office congratulated Maria Ressa and Dmitry Muratov on receiving the Nobel Peace Prize on Friday, saying it was “recognition of the importance of the work of journalists in the most difficult circumstances”. “Throughout the years we’ve seen an increase in attacks in journalists during the […]
