Tax reforms prompt upheaval in the private-equity industry

IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]

Tax reforms prompt upheaval in the private-equity industry

IN THE political cacophony surrounding America’s new tax law, the voice of the private-equity industry has been muted. This is perhaps unsurprising. The industry has managed in large measure to retain its favourable tax treatment, despite a threat from President Donald Trump to close the “carried interest” loophole on which it had grown fat. So […]

More than 3,000 firms have quit Catalonia amid its political upheaval, creating vast uncertainty over Spain’s economic future

Gonzalo Arroyo Moreno/Getty Images Thousands of companies have moved their corporate bases out of Catalonia amid uncertainty over the region’s political future. Recent economic data shows rising unemployment and falling retail and tourism activity in the northeastern region of Spain which voted for independence in October. The full impact on the Spanish economy is far […]

Best Documentary Oscar Shortlist Includes Films About Political Upheaval, Apes, Global Warming, and Fish,

It’s Awards Season™! Time for filmmakers, performers and more across the land to clear some room in their trophy cases, or perhaps go home empty handed. As 2017 winds down and blossoms into 2018, get ready for an avalanche of awards. The Oscars are the granddaddy of them all, and the Academy of Motion Picture Arts […]

Pound to euro exchange rate: GBP rises again after Catalonia independence vote upheaval

The pound/euro exchange rate has risen following Catalonia’s vote for independence from Spain last Friday. Following the news that Catalonia voted for independence, the pound to euro rate climbed steadily up over the weekend, reaching €1.1305 at 5am this morning. The vote could weaken the Euro, after it previously gained strength against the pound after […]