Close your eyes and imagine a tax haven. Does a Caribbean island come to mind? Sand, surf and thousands of post office boxes housing shell corporations? Some tax havens, like the Cayman Islands or Bermuda,…
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Just before 2am US Eastern Daylight Time on June 24, the Champlain Towers South Tower in Surfside, South Florida, partially collapsed. The 12-storey building with 136 apartments was built in 1981 on reclaimed wetlands. More…
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© Reuters. FILE PHOTO: A miner holds a lump of iron ore at a mine located in the Pilbara region of Western Australia December 2, 2013. REUTERS/David Gray/File Photo MELBOURNE (Reuters) – A Rio Tinto…
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The shortage of semiconductor chips has exposed the vulnerability of European high-tech manufacturers that rely heavily on chip imports from Asia. The automotive sector alone, traditionally a European high-tech stronghold, is expected to take a…
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Over the past few years, tensions have been rising between Russia and the United States — not in conventional military terms, but in cyberspace. The issue came to a head at this month’s summit in…
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© Reuters. By Peter Nurse Investing.com — Crude oil prices edged lower Thursday, as traders contemplated the possibility of additional supply being announced at next week’s meeting of top producers. By 9:25 AM ET (1325…
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Euro 2020 is about to get serious. After two weeks of group matches, the knockout phase of the tournament means every game is win or lose. The stakes are high, the players are tense –…
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In the foothills of the Altai Mountains in southern Siberia lies Denisova Cave. It is the only site in the world known to have been inhabited by the eponymous Denisovans and their close relatives the…
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© Reuters. By Gina Lee Investing.com – Oil was up Thursday morning in Asia, with contributing to the brightening fuel demand outlook. inched up 0.05% to $75.23 by 1:17 AM ET (5:17 AM GMT) and…
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What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent dealmaking fad: special purpose acquisition companies (Spacs). Spacs are shell companies that are floated…
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