Search Results for: tobacco
Asian Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
February 6th, 2017
U.S. jobs data show hiring increase with weaker earnings gains S&P 500 closed within 1 point of all-time high on Friday Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank ...
BAT agrees terms to buy Reynolds for $49.4 billion
January 17th, 2017
British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc, creating the world’s biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion. BAT, which already owned 42 ...
Smoking costs the world’s economies over $1 trillion every year
January 10th, 2017
Policies to control tobacco use, including tobacco tax and price increases, can generate significant government revenues for health and development work, according to a new landmark global report from WHO and the National Cancer Institute of the United States ...
Coca-Cola was sued for downplayed sugar effects
January 5th, 2017
Coca-Cola, ABA Accused of Tobacco-Like Deception in Lawsuit Federal court complaint alleges Coke downplayed sugar effects Sugary drinks ‘are scientifically linked to obesity, diabetes’ Coca-Cola was sued by activists who compare the beverage giant’s advertising tactics to the tobacco ...
Spain aims to raise 500 million euros from new environmental taxes
December 28th, 2016
Spain wants to raise 500 million euros ($528 million) from new environmental taxes as part of a package of fiscal measures to meet the European Union‘s budget deficit goals. The new environmental taxes are part of the revised budgetary ...
Spain To Hike Corporate Tax Burden
December 6th, 2016
The Spanish Government announced a revenue-raising Budget on December 2 that will increase the tax take from corporations. While the recently formed Government chose to leave the 25 percent corporate tax rate intact, Spain will restrict corporate tax deductions. ...
IEA report suggests UK to abolish twenty current taxes
November 2nd, 2016
The Institute of Economic Affairs has today published a ground-breaking report which calls for the abolition of a raft of taxes, to be replaced with a simpler, less burdensome tax system. Leading economists, including Patrick Minford, David B. Smith and Professor ...
The law firms that won roles in transaction that to be the largest European technology M&A deal
October 31st, 2016
Allen & Overy (A&O) and DLA Piper have won roles among US heavyweights as Qualcomm acquires Dutch firm NXP Semiconductors for $39bn. Smartphone chip designer Qualcomm has agreed to the world’s biggest automotive chip maker NXP in a deal worth $47bn including ...
China reports steadily economy growth; GDP increased
October 19th, 2016
The National Bureau of Statistics of China has issued a press release to inform that the China’s economy grew steadily with progress made and quality improved in the first Three Quarters of 2016. According to the report: In the ...
Greek Government Reports Nearly EU 1 Billion in Tax Evasion Fines, Asset Seizures
August 3rd, 2016
The Government of Greece has opened hundreds of tax-evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, according to Special Financial Prosecutor Panagiotis Athanasiou. The government, which began ...
