Friday, 18 Sep 2020

How much has Brexit cost? The staggering amount for UK taxpayers

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Brexit has caused political turmoil in recent weeks. The shock announcement of Boris Johnson’s Internal Market Bill, which would effectively scrap the Withdrawal Agreement and jeopardise the Good Friday Agreement, has thrown […]

Continue Reading

Tax Strategies to Embrace, or Avoid, Before the November Election

In unpredictable times, the desire to create a better tax strategy becomes more urgent, but that could result in some regrettable changes to perfectly good plans. For example, many advisers counseled their wealthy clients in 2012 that the estate and gift taxes exemptions were going down and that the rates on those taxes were going […]

Continue Reading

U.S. current account deficit surges 52.9% in second quarter

FILE PHOTO: A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike BlakeWASHINGTON (Reuters) – The U.S. current account deficit soared to its highest level in nearly 12 years in the second quarter as the COVID-19 pandemic weighed on the exports of goods and services. The Commerce Department said […]

Continue Reading

Tropical Storm Noul pounds Vietnam; one dead, dozens injured

Authorities evacuate more than one million people across three central provinces, shut down all airports in the region. At least one person has died and dozens have been injured as Tropical Storm Noul pounded Vietnam, unleashing heavy rains and high winds on the country’s central coastal region. Images on state-run Vietnam Television on Friday showed […]

Continue Reading

TikTok, WeChat begins Sunday in U.S.

WASHINGTON — The Commerce Department will roll out a ban of transactions in the U.S. using TikTok and WeChat starting Sunday. The order Friday was put into place, according to Commerce Secretary Wilbur Ross, to “combat China’s malicious collection of American citizens’ personal data.” The government previously said that using and downloading the app to […]

Continue Reading

EXCLUSIVE: Roberto Cavalli CEO to Exit Company

MILAN — Gian Giacomo Ferraris is leaving his post as chief executive officer of the Roberto Cavalli company at the end of the year, WWD has learned. In an internal letter obtained by WWD, Ferraris announced the news to his team “with mixed feelings, which include some satisfaction, a bit of sadness and a few regrets.” […]

Continue Reading