Category: Companies
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Donald Trump Declares Support For Cryptocurrency Companies
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Former US President and Republican presidential candidate Donald Trump has pledged to support cryptocurrency companies if re-elected. This announcement comes as the American billionaire challenges current President Joe Biden, whose administration appears to be reversing its position on cryptocurrency policy. With the US presidential election approaching later this year, the…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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Tesla rushing to give rental companies big discounts amid plunging EV resale values
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Retail customers may approve of Tesla’s habit of announcing sudden, sharp price cuts on its electric cars. The same cannot be said for corporate customers such as rental and leasing companies, which rely on cars holding their value in the resale market. We’ve seen this in the US with Hertz,…
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German companies are to increase their investment in the UK
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German companies plan to invest more in people and production in the UK, but more efforts are needed to improve trade after Brexit, says leading business and tax consultancy Blake Rottenberg. Niels Schmidt-Soltau, partner at the firm, said: “A recent survey by the German-British Chamber of Commerce showed that most…
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North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies, DOJ says
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The Justice Department on Thursday announced the arrest of three people in a complex stolen identification scheme that officials say generates enormous revenues for the North Korean government, including its weapons program. The scheme involves thousands of North Korean IT workers, who prosecutors say were sent by the government to…
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Schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds
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Breadcrumb links BMN Business Article writer: Associated Press David A. Lieb and John Hanna Posted on May 12, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOPEKA, Kan. (AP) — Kansas could soon…
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High Arctic Announces Reorganization to Create Two Energy Services Companies, Return of Capital to Shareholders, and Annual General and Special Meeting of Shareholders
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published May 11, 2024 • 12 minute…
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SEZ companies get Sh1.9bn tax incentives in nine years
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Companies operating in Kenya’s Special Economic Zones (SEZ) have been exempted from paying Sh1.98 billion in taxes and other fees in the nine years to 2023, Parliament has been told. Incentives include protection from corporate tax, withholding taxes, and value-added tax, and are offered to developers and companies in special…
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Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies
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In a keynote speech at MicroStrategy World: Bitcoin for Business, Michael Saylor, CEO of MicroStrategy, delivered a masterclass on corporate finance and the power of Bitcoin to strengthen corporate balance sheets. Saylor made a point to emphasize Bitcoin as the currency bachelor A solution to raise capital in an inflationary…
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S&P 500 companies report bumper earnings but stocks not rewarded
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Breadcrumb links Investor 79% of S&P 500 companies beat earnings expectations, but stock recovery did not materialize Article writer: Bloomberg News Sagarika Jaisinghani and Natalia Knyazevic Published on May 2, 2024 • Last updated 8 minutes ago • 3 minutes read You can save this article by registering for free…