Management | Tax Policy
In an effort to clamp down on tax avoidance by multinationals, the European Commission has announced plans to revive a proposal to unify the corporate tax base across Europe.
Management | Tax Policy
Capital Markets | Debt
Jaws dropped in June, when scandal-plagued Petrobras, the Brazilian oil company, announced plans to come to market with a 100-year bond. Who in their right mind would lend $2.5 billion for a century to an emerging markets company that in April wrote off $17 billion in overvalued assets and billions more in bribes?
GCC Regional Report 2015 | Special Economic Zones
Special economic zones are allowing GCC countries to diversify their economies away from oil and provide jobs to their citizenry.
Global Finance sits with Rana Kapoor, Founder and CEO of Yes Bank for a discussion on the achievements of Modi's Government & the prospects of this growing Indian private bank.
As the Organization for Economic Cooperation and Development works on ways to keep multinationals from shifting profits to low-tax jurisdictions, tax and finance executives are divided on whether its efforts will improve the global corporate tax system.
Cryptocurrencies, unlike fiat money, are, by definition, more a commodity than a pure currency, giving them compelling appeal for Islamic finance—because renting a commodity is in line with the principles of shariah, unlike lending based on interest.
The annual meetings of the International Monetary Fund and World Bank in Lima, Peru, in October, will provide world leaders with the right stage to discuss poverty and inequality and suggest ways for Latin American economies to foster growth less dependent on commodities, according to former president of Peru, Alejandro Toledo.
Global Finance sat down with José Francisco de Lima Gonçalves, a professor of economics at São Paulo University and chief economist at Banco Fator, to discuss his views on Brazil in 2015.
Supply chain vulnerabilities can have long-term consequences, so a country’s resilience to disruptions is a major boon to companies seeking to locate operations.
It's not often that the UK finds itself in Washington's bad books—this is, after all, a country that supports the US in even its most ill-advised foreign adventures and is often described as America's closest ally.
Royal Bank Of Scotland plans to vastly scale back its Transaction Services business. It is a further sign of the challenging times faced by global transaction banks.
The Islamic finance industry has grown significantly over the past 15 years, and Harris Irfan's book, Heaven’s Bankers: Inside the Hidden World of Islamic Finance gives a fine account of some the groundbreaking transactions that opened up the industry and made it more competitive.
Uganda, the East African country that will soon to join the league of oil producers, is set to build a refinery before its own production capacity comes online.
McDonalds appointment of British-born Steve Easterbrook as its new CEO has both surprised and delighted analysts—concerned by the burger behemoth’s first annual decline in 30 years.
New Basel III liquidity rules for banks may force multinational corporate clients to hold more cash in local branches.
In a presentation in New York on February 18—his first official visit to the US since his appointment—Brazil’s Finance minister Joaquim Levy said that Brazilians are learning by doing.