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Ground-breaking multilateral BEPS convention signed at OECD will close loopholes in thousands of tax treaties worldwide

Ministers and high-level officials from 76 countries and jurisdictions have signed today or formally expressed their intention to sign an innovative multilateral convention that will swiftly implement a series of tax treaty measures to update the existing network of bilateral tax treaties.




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Brazil closes legal loophole on foreign bribery: OECD hopes this will now translate into stepped up enforcement

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.




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Growth and inequality: A close relationship?

Inequality has risen in the OECD area. Could policies aimed solely at growth be responsible? Can inequality undermine economic growth? New evidence suggests there is a possibility.




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Jobs gap closes but recovery remains uneven

The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels. But people on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality, according to a new OECD report.




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United Kingdom: Maintain close ties with EU to meet challenges of Brexit

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.




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Brazil closes legal loophole on foreign bribery: OECD hopes this will now translate into stepped up enforcement

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.




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Failing to close the stable door

The recent scandal over the use of horsemeat in readymade meals that has shaken the entire European continent has revealed not only the complexity and opacity of our food supply chain, but also–and above all–the shortcomings of European food law.




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The Kingmaker — up close with Imelda Marcos, spendthrift superdiva

Lauren Greenfield’s documentary about the Philippines’ former First Lady is comic as well as horrific




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Maersk close to deals to bulk up land-based logistics

World’s largest container shipping group may use strengthened balance sheet to swoop




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Ferry operators warn routes might have to close 

UK government support needed to ensure supply of food and medicines




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Leading Philippine broadcaster ABS-CBN ordered to close

Station had carried reports critical of Duterte’s violent anti-drug crackdown




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Buenos Aires province closes in on deal with bondholders

Revised terms draw support from some creditors in key test before government debt crunch




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Election: Parties make final push as campaign draws to a close — as it happened

Live coverage of the UK election campaign.

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Electricity prices slump as businesses close across the US

Shutdowns likely to shift energy use from fossil fuels towards wind and solar




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US stocks close out best month since 1987

Central bank support and rising hopes for economic reopening spark April rally




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South African Airways close to collapse

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft




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US stocks close up 3.4% in positive start to week

S&P 500 records fourth gain in five sessions, despite new leg down for oil prices




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Retailers under pressure to close online operations

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales




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When the banks closed in Wuhan, nobody cared

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Building sites start to close despite government advice

Move comes amid escalating political row with London’s mayor over coronavirus risks




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Consumers pay big price after free cash machines close

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up




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China close to abandoning ChemChina and Sinochem merger

Deal to create one of world’s biggest chemicals groups beset by management clashes




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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Wall Street closes higher after oil rally takes Brent over $30

Investors anticipate boost in energy demand as economies start to reopen




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Wall Street closes higher despite dire US jobs data

Gulf between darkening Main Street and rebounding markets continues to widen




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Y Combinator graduate H1 closes on $12.9 million for its professional healthcare database

Just months after graduating from Y Combinator, H1 Insights, the LinkedIn for the healthcare industry, has raised $12.9 million in a new round of funding. “It’s a better way to connect the ecosystem,” says co-founder Ariel Katz. The company already has more than 8 million profiles for healthcare professionals in its database and is generating […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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European car plants close as industry crisis deepens

PSA and Fiat Chrysler to shut factories as demand tumbles and supply chains disrupted




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Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its round, and declined to share […]




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How startups close their first big sales

Your chances of closing your first big sale are going to be directly related to how well you’re targeting prospective customers.




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The Crown's Matt Smith 'forms close friendship with co-star and on screen Queen Claire Foy'

Close friends say Claire Foy is providing a consoling shoulder for Matt Smith, whose relationship with girlfriend Lily James, has been the subject of increasing talk among showbiz insiders.




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Kyly Clarke is 'growing close' to her House Rules co-star Saul Myers

Kyly Clarke is reportedly seeking comfort in a new friend following her split from retired Australian cricket captain Michael Clarke.




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PSG star Neymar 'moves closer to sensational £157m Barcelona return'

Neymar has taken another step towards rejoining Barcelona after a complete breakdown in his relationship with PSG sporting director Leonardo, according to Mundo Deportivo.




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Justin Bieber shows off new swallow 'Forever' tattoo on neck in close-up snap posted to Instagram

Bieber had first teased the new addition on his Instagram on Wednesday and a part of it had been visible as he left church Wednesday evening wearing a hoodie.




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Kim Kardashian shares another closet-brag photo

Kim Kardashian loves to show off the designer items she has collected over the years by taking photos inside her accessories closet. And the 39-year-old TV star was at it again.




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Royal Television Awards 2020 will be held behind closed doors amid coronavirus fears

The Royal Television Society made the shocking announcement on Twitter today. It will be the first time the awards have ever been held behind closed doors.




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Dortmund 'in close contact with Ferran Torres they eye up replacement for Jadon Sancho'

The right winger was tipped to earn his first International cap for Spain by coach Luis Enrique in March but the coronavirus outbreak saw all matches cancelled.




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Iggy Azalea shows off her VERY luxurious closet while staying at the Hôtel de Crillon, Paris

Australian rapper Iggy Azalea is known for her outrageous high-fashion looks.




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EastEnders co-stars Maisie Smith and Zack Morris 'grow close in real life' 

Insiders say Maisie, 18, and Zack, 21, went public with their blossoming romance at the soap's 35th anniversary wrap party in east London on Saturday.




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Ryan Lochte shows off the 150 pairs of (rather garish) shoes in his closet

Shoe designer: Ryan Lochte shows off his most famous sneaker design on the first episode of new reality show What Would Ryan Lochte do?




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Father of $3m Olympic swim champ Ryan Lochte insists he and ex-wife would never have gone to son for help as their home is foreclosed

The father of Olympic swimming champion Ryan Lochte today insisted he would never ask his $3million son for financial aid - despite losing his home to foreclosure.




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The Queen arrives at Crathie Kirk as her Balmoral break draws to a close

The monarch, 92, arrived at the chapel on the Balmoral estate in Scotland this morning accompanied by her nephew David Armstrong-Jones in the rear of the car.




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Coronavirus UK: Hairdressers could be closed for six months

The UK Government's team of top scientists believe there is no way for stylists to cut people's hair without risking spreading the virus.




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John Travolta recalls time a fan snuck into his home and hid in his closet: 'It did scare me!'

In a recent interview with People , the 65-year-old actor recalled a scary moment that a fan had snuck into his home.




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David and Victoria Beckham let their hair down with close friend Dave Gardner

The trio were in high spirits while watching American rock band The Killers perform in front of thousands of fans on the Pyramid Stage.




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Matthijs de Ligt edges ever closer to Juventus after Ajax omit him from pre-season tour of Austria

Ajax have announced their star defender Matthijs De Ligt has been left out of their squad for their summer tour to Austria pending 'a possible transfer'.