Month: March 2021

Yangshan Deepwater Container Port in Shanghai, China. Qilai Shen | Corbis Historical | Getty Images SINGAPORE — Asia’s economic recovery could slow down as more countries suspend the use of the Covid-19 vaccine developed by AstraZeneca and the University of Oxford, warned the chief Asia-Pacific economist of Moody’s Analytics. “It adds some modest risk to
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A good global minimum tax would target stateless income. Professor Reuven S. Avi-Yonah recently stated that the “global intangible low-taxed income regime is the best part” of the Tax Cuts and Jobs Act. While I couldn’t disagree more, perhaps this should be read in light of the suggestions for improving the TCJA that constitute the majority of Avi-Yonah’s article. After
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Vered Schwarz is the President and COO of Guesty, an end-to-end property management software for short-term rentals. It’s been over one year since Covid-19 hugely impacted the world, global and local economies, and for many of us in travel and hospitality, our businesses. Though the last 12 months have been unprecedented, an unexpected number of individuals
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U.S. stock index futures declined during overnight trading on Monday, after the Dow and S&P closed at record highs amid optimism over the economic reopening. Futures contracts tied to the Dow slid 66 points. S&P 500 futures declined 0.16%, while Nasdaq 100 futures were slightly negative. During regular trading hours Monday the Dow jumped 174
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CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City, and he won’t accelerate May plans to reopen his Covid shuttered Brooklyn restaurant. Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 25%. The move comes as
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Coronavirus developments in Europe are likely no longer early indications of what will happen weeks later in the U.S., due partly to America’s progress vaccinating its population, Dr. Scott Gottlieb told CNBC on Monday. The former Food and Drug Administration commissioner’s comments on “Squawk Box” come one day after White House Chief Medical Advisor Dr. Anthony Fauci
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Cameron Costa | CNBC Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge fund,
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