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Published on 04:27 GMT

Report: Nigeria Loses $384m as Global Losses to Tax Havens Hit $492bn

*British Virgin Islands is leading tax haven Ndubuisi Francis in Abuja The global community, including Nigeria, loses $492 billion annually in tax to multinational corporations and wealthy individuals using tax havens to underpay tax, a new report by the …

Source: This Day - Pro-Government
Published on Nov 20, 2024

Tariffs, trade wars and tax cuts: Saxo on Trump 2.0’s global market impact

Saxo believes Donald Trump’s re-election could have complex impacts on global markets Trump’s victory and Republican control of Congress could reshape US and global economies Tariffs and trade wars could impact inflation, global economic growth and markets …

Source: Stockhead - Neutral
Published on Nov 20, 2024

Brit savers send money overseas to escape new Rachel Reeves tax grab

Many Brits are moving their money into overseas investments to avoid a tax grab by Rachel Reeves, it is claimed. The move has been driven by a desire to avoid higher capital gains tax rates, as well as the slashing of allowances and frozen income tax …

Source: Daily Express - Right-wing
Published on Nov 20, 2024

Bangladesh Faces Annual Tax Loss of $355 Million Due to Tax Evasion

Bangladesh is losing an alarming $355 million in tax revenues each year due to corporate profit shifting and tax evasion by individuals, particularly through the use of offshore tax havens. According to the State of Tax Justice 2024 report, corporations …

Source: WION - Pro-Government
Published on Nov 20, 2024

Will Trump disruption or tax policy end up driving offshore flows?

The re-election of Donald Trump will have a major effect on the US’s importance as a global HNW booking center. However, the degree of inflows—or outflows—will depend on the president-elect’s specific policies and consistency. Traditionally, election …

Source: Private Banker International - Label Pending
Published on Nov 20, 2024

Offshore tax critics cloud JMC meetings

Updated: Nov 19, 2024 06:53 PM Margaret Hodge, Member of the House of Lords of the United Kingdom (File photograph) A UK tax blogger and tax justice campaigner believes those who are now driving the tax justice movement do not quite grasp exactly what it …

Source: The Royal Gazette - Neutral
Published on Nov 20, 2024

Tax! It's a $492 billion offshore heist!

British advocacy group The Tax Justice Network's 'State of Tax Justice 2024' report was made public on Tuesday. It has dropped like a grenade into the neatly-raked zen garden of global finance. The report reveals a staggering $492 bn lost …

Source: The Economic Times - Center-right
Published on Nov 19, 2024

Bangladesh loses $335m a year for corporate tax abuse

Bangladesh is losing $355 million in tax annually because of outward profit shifting by the corporates, particularly multinational firms, and abuses by individuals who have wealth, especially in tax havens. Of that, the revenue-hungry country lost $335.9 …

Source: Daily Star - Neutral
Published on 06:52 GMT

Adani Group bonds plunge after Gautam Adani faces bribery and fraud charges in the US

In early Asian trading on Thursday, November 21, the dollar bond prices of Adani Group companies experienced a sharp decline after the indictment of billionaire chairman Gautam Adani on charges of bribery and fraud. The indictment, which took place in New …

Source: Mathrubhumi - Neutral
Published on 06:44 GMT

Indian shares open lower as Adani stocks tumble on reports of US indictment

(Reuters) -Indian shares fell on Thursday, dragged down by a slump in Adani Group stocks following the indictment of its billionaire chairman in New York over his alleged involvement in a bribery and fraud scheme. The NSE Nifty 50 was down 1.06% at 23,288. …

Source: The Print - Neutral
Published on 04:24 GMT

Gautam Adani Charged With Bribery, Fraud Case In The US; Arrest Arrant Issued

US prosecutors have indicted Gautam Adani, chair of the Adani Group, for allegedly paying $265 million in bribes to Indian government officials. The bribes were reportedly aimed at securing solar energy contracts expected to generate $2 billion in profits …

Source: Trak.in - Center-right
Published on Nov 20, 2024

Billionaire Gautam Adani of India's Adani Group charged in US with bribery, fraud

By Luc Cohen, Jonathan Stempel NEW YORK (Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and …

Source: The Gazette - Colorado - Neutral
Published on 05:22 GMT

Indian shares set for muted start; Adani stocks in focus

Indian shares are likely to have a subdued start on Thursday, with attention on Adani Group following the indictment of its billionaire chairman in New York over his involvement in an alleged multibillion-dollar bribery and fraud scheme. The Gift Nifty …

Source: Business Recorder - Neutral
Published on 02:18 GMT

world Billionaire Gautam Adani of India's Adani Group charged in US with bribery, fraud

NEW YORK — Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, US prosecutors said on …

Source: Asiaone - Uncategorized
Published on 06:29 GMT

Indian billionaire Gautam Adani charged in US over $265 million bribery scheme

By Aditya Kalra and Sumeet Chatterjee NEW DELHI (Reuters) -Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two …

Source: The Gazette - Colorado - Neutral
Published on 06:41 GMT

Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon

By Krishna N. Das and Munsif Vengattil NEW DELHI (Reuters) - Indian billionaire Gautam Adani, indicted in New York over a $265 million bribery scheme, is a first-generation tycoon whose phenomenal rise has been accompanied by a series of damaging …

Source: Yahoo Finance - Label Pending
Published on 06:43 GMT

Indian billionaire Gautam Adani charged in US over $265m bribery scheme

Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two years. The multiple counts of fraud levelled against Adani, who …

Source: Dawn - Center-left
Published on Nov 19, 2024

UK politicians put ‘tax havens’ in the crosshairs as Premier leads talks in London

A Cayman Islands delegation heads to London this week for talks with British government leaders amid renewed clamour for increased transparency from offshore financial centres. The annual meeting of the Joint Ministerial Council, which brings together …

Source: Cayman Compass - Uncategorized
Published on Nov 19, 2024

No mega financial fraud possible without lawyers’ support – EFCC chair

The Chairman, Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says no mega financial fraud, especially illicit financial flows, is possible without lawyers’ support. Olukoyede stated this during the opening of the 6th Annual Criminal Law …

Source: New Mail - Label Pending

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Published on November 21, 2024 - 07:05 GMT

Bitcoin Surpasses $97k for the First Time as ‘Crypto President’ Crypto Mining Contract Sparks Optimism

TAMPA, FL, UNITED STATES, November 21, 2024 /⁨EINPresswire.com⁩/ -- Bitcoin moved further towards $100,000 on Thursday, with investors believing that a more US-friendly regulatory approach to cryptocurrencies under President-elect Donald Trump will …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on November 21, 2024 - 07:00 GMT

NETRIS Pharma Announces FDA Orphan Drug Designation (ODD) for NP137 in Pancreatic Cancer Treatment

LYON, FRANCE, AND GENEVA, SWITZERLAND, November 21, 2024 /⁨EINPresswire.com⁩/ -- NETRIS Pharma, a clinical-stage biopharmaceutical company pioneering therapies to overcome resistance in oncology, today announced that the U.S. Food and Drug …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on November 21, 2024 - 06:28 GMT

Wedding Loans Market to Reach $23.26 billion, Globally, by 2033 at 7.3% CAGR: Allied Market Research

Wedding Loans Market to Reach $23.26 billion, Globally, by 2033 at 7.3% CAGR: Allied Market Research NEW CASTLE, DE, UNITED STATES, November 21, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Wedding Loans …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 21, 2024 - 06:28 GMT

Landlord Insurance Market to Hit $40.9 Billion, Globally, by 2032 at 7.8% CAGR: Allied Market Research

Landlord Insurance Market to Hit $40.9 Billion, Globally, by 2032 at 7.8% CAGR: Allied Market Research NEW CASTLE, DE, UNITED STATES, November 21, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Landlord …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on November 21, 2024 - 06:28 GMT

Group Health Insurance Market Expected to Reach US$ 1,800.08 Billion with 9.4% CAGR by 2031 | Allianz Care, AXA, Aetna

Group Health Insurance Market Expected to Reach US$ 1,800.08 Billion with 9.4% CAGR by 2031 | Allianz Care, AXA, Aetna NEW CASTLE, DE, UNITED STATES, November 21, 2024 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on November 21, 2024 - 06:00 GMT

Reimagining Ripple’s XRP Ecosystem Through Colle AI’s Smart Solutions

Exploring New Horizons: How Colle AI Enhances Ripple’s XRP Ecosystem with AI-Powered Innovations LONDON, LONDON, UNITED KINGDOM, November 21, 2024 /⁨EINPresswire.com⁩/ -- Multichain AI and NFT platform Colle AI (COLLE) is pioneering a new era for …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 21, 2024 - 04:31 GMT

Supergreen Energy Receives International Patent Approval For Self-Charging Renewable Clean AI-Energy TesdisonTechnology

The self-charging AI-Energy platform generates power at up to an amazing 99% efficiency, which is unheard of in the renewable energy sector. COSTA MESA, CA, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Supergreen Energy Corporation …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on November 21, 2024 - 03:01 GMT

VWO and Dentsu Denmark Announce Partnership to Elevate Data-Driven Digital Optimization

The collaboration empowers Danish businesses to enhance digital experiences and drive conversion growth through cutting-edge experimentation and analytics. NEW DELHI, INDIA, November 21, 2024 /⁨EINPresswire.com⁩/ -- VWO, a global leader in A/B …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on November 21, 2024 - 02:59 GMT

London Climate Technology Show 2024: Pioneering the Path to a Net Zero Future

Join global leaders at London Climate Technology Show 2024, Nov 27-28, to explore innovations driving the net zero transition. LONDON, UNITED KINGDOM, November 20, 2024 /⁨EINPresswire.com⁩/ -- The London Climate Technology Show 2024 is set to take …

Distribution channels: Banking, Finance & Investment Industry, Conferences & Trade Fairs ...
Published on November 21, 2024 - 02:39 GMT

Federal Reserve Rate Cuts Loom, CBiBank Empowers Trade Enterprises

VA, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- November 19, Goldman Sachs Asset Management released its annual report, Asset Management Outlook 2025: Reasons to Recalibrate, forecasting that the Federal Reserve might further lower …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 21, 2024 - 02:18 GMT

Full Recap For The Techweek 2024: Fundamental of Cloud Computing

Newwave Solutions successfully organized the Techweek 2024: Fundamental of Cloud Computing series from September 23rd to September 27th NY, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- In the context of rapid digital transformation, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on November 21, 2024 - 02:12 GMT

DCCI captured the most consequential moments in the Kingdom’s digital infrastructure realm

BENGALURU, KARNATAKA, INDIA, November 21, 2024 /⁨EINPresswire.com⁩/ -- GCC’s latest frontier for businesses, Saudi Arabia is actively pursuing digital transformation strategies to diversify its economy and be future-ready for the global arena. To …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on November 21, 2024 - 00:00 GMT

The Most Anticipated AI Marketing Developments for 2025

LJUBLJANA, SLOVENIA, November 21, 2024 /⁨EINPresswire.com⁩/ -- The marketing world is on the brink of another transformative year as AI continues to evolve and reshape the field. Following its unprecedented adoption in 2024, strong AI is poised to …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on November 20, 2024 - 23:32 GMT

The PPDM Association Announces, ‘Power Insights – Mastering Energy Data’

NEW 11-month online workshop series CALGARY, ALBERTA, CANADA, November 20, 2024 /⁨EINPresswire.com⁩/ -- Data is the lifeblood of today's economy and influences every aspect of business operations from strategic planning to customer engagement. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 20, 2024 - 23:28 GMT

New Report Reveals a Different Path Forward for Diversity, Equity, and Inclusion in the Accounting Profession

New research highlights progress, challenges, and an alternate approach to foster a more inclusive and equitable accounting industry. HONOLULU, HI, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- After months of in-depth research, the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 20, 2024 - 23:12 GMT

InFocus (ASX:IFG) engaged by GBO Assets to develop social gaming project for USD 2.5 million

InFocus to apply its data analytics and software engineering capabilities to deliver a new digital and social gaming product, VigoBet Tech. InFocus Group Holdings Limited (ASX:IFG) PERTH, AUSTRALIA, November 21, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on November 20, 2024 - 23:07 GMT

Husband-and-Wife Duo with 20+ Years in Real Estate Join Corcoran Genesis to Redefine Client-Centered Solutions

Corcoran Genesis Agents Ashley and Corey Reaves: 20+ Years of Real Estate Experience, Community Focus, and Exceptional Service MONTGOMERY, TX, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- Husband-and-wife real estate duo Ashley and …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on November 20, 2024 - 21:56 GMT

Emerging Tech: Solving Major Global Challenges Through Innovation, Collaboration & Industry Events

Industry Events has the potential to transform innovation and problem-solving, driving them to new levels through collaboration and idea-sharing. SYDNEY, AUSTRALIA, November 20, 2024 /⁨EINPresswire.com⁩/ -- Emerging technologies are driving …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on November 20, 2024 - 21:52 GMT

Next Congress’ Attention to Seven Tax Priorities Are Critical To Protect Family Businesses, Say Polls and Experts

Preserving Current Tax Rates and Brackets Is No. 1 Priority, as Family Businesses Invest More Back into Their Businesses DC, UNITED STATES, November 20, 2024 /⁨EINPresswire.com⁩/ -- As the Tax Cuts and Jobs Act heads toward expiration, new …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 20, 2024 - 21:12 GMT

Balfour Capital Group to Host Exclusive Investor Conference in Monaco

YVERDON-LES-BAINS, SWITZERLAND, November 20, 2024 /⁨EINPresswire.com⁩/ -- Balfour Capital Group (BCG) proudly announces its exclusive Investor Conference, a high-profile event for investors and advisors looking to stay ahead in the ever-evolving …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...