Business

When considering the landmark deal on global taxation agreed today by the group of seven leading industrialised economies, it’s easy to fixate on the question marks and criticisms – after all, there are plenty of them. It is not as ambitious a deal as many had hoped for. The global minimum corporate tax rate (one

“The one thing I am certain of is: There’s uncertainty in the future,” said California Governor Gavin Newsom on Friday at an event to pick winners in the state’s lottery-style Covid-19 vaccination incentive program. Asked if he would, on June 15, lift the state of emergency that has given him the extraordinary powers to mandate

The world’s leading economies are on the brink of announcing a historic deal to tax the tech giants, the German finance minister has told Sky News. Olaf Scholz said the plan to reform the taxation of tech companies and introduce a minimum level for business tax rates would “change the world”, bringing in billions of

California Gov. Gavin Newsom said that there was no conflict of interest between his administration and his wife Jennifer Siebel Newsom’s filmmaking work, following a Sacramento Bee report that donors to her nonprofit also were companies that have lobbied his administration. “Absolutely none whatsoever. There is no correlation. Period. Full stop,” Newsom told reporters Friday. The

Boris Johnson will hold talks with the bosses of Britain’s biggest banks and insurers next week as the government seeks assurances about the sector’s commitment to financing the post-pandemic recovery. Sky News has learnt that the prime minister and Rishi Sunak, the chancellor, have invited more than a dozen of the City’s top executives to

Endeavor Content is teaming up with Layne Eskridge’s POV Entertainment and Jeff Friday Media to increase diversity in the TV world. On Friday, the three entities announced a partnership that seeks to develop and produce premium scripted television series from Black and Brown creators. The collaboration intends to expand the range of TV in the

It may not have the setting or the showbiz appeal of the coming leaders’ summit in Cornwall. It may not have quite the same momentous feel as the main summit – Joe Biden’s first as US president, Angela Merkel’s last before potentially standing down as Germany’s chancellor. But the meeting of G7 finance ministers in

As theme park attractions reopen across Southern California, Warner Bros. announced on Tuesday that its massively revamped Studio Tour will welcome back guests on June 26. Five years in the making, the expanded set tour utilizes a new building devoted completely to the tour center, in addition to a lot tour and a stop at

People hoping for an overseas trip this summer – and those hoping to sell them that break – are furious after the UK government announced changes to the list of approved destinations. Portugal, which had been the only viable popular destination on the green list, will be moved to the amber list. This will mean

New York’s Free Shakespeare in the Park production this summer of Merry Wives, a comedy adaptation by Jocelyn Bioh of the Bard’s Merry Wives of Windsor, will feature an all-Black cast including Jacob Ming-Trent (HBO’s Watchmen), Gbenga Akinnagbe (Broadway’s To Kill A Mockingbird) and Shola Adewusi (CBS’ Bob Hearts Abishola). The Public Theater announced the

The reopening of indoor hospitality last month failed to boost footfall in town centres, according to the latest figures. Footfall strengthened after non-essential retail opened in April but the numbers were disappointing after restaurants, pubs and cafes were allowed to open indoors in England from 17 May. The gap between footfall in May 2021 and

While developing the Disneyland Resort’s new Marvel-themed attraction, the park’s top creators told reporters at a sneak peak they were always guided by narrative and making the experience as immersive as possible for guests. “We had 70 years to pull from and 23 films,” said Scot Drake, a portfolio creative director for Imagineering. “This has

Michael O’Leary, the outspoken chief executive of Ryanair, has said it is “absolutely imperative” that “big tourist destinations” such as Greece and Spain be added to the UK’s green list at the end of this week. “The restrictions should be lifted, we should be allowing British families to travel to the US and Europe, and

EXCLUSIVE: Deluxe and film services company Motion Picture Solutions have entered into a joint venture after Deluxe acquired 50% of Netherlands-based film delivery firm Gofilex. The companies said the new enterprise will deliver IP through a “single, sustainable electronic fulfilment platform” with benefits for both distributors and exhibitors. Deluxe also sees the new plan as

Heathrow has opened a dedicated terminal for passengers on direct flights from red list countries, following concerns that they were mixing with those from green and amber nations. Travellers on direct flights from red list destinations will now go through Terminal 3, although a dedicated facility for processing such travellers is eventually planned for Terminal

National Enquirer’s parent company, and American Media CEO David Pecker have reportedly been fined for violating election law in 2016. Per the Wall Street Journal, A360 Media LLC agreed earlier this month to pay $187,500 as part of a settlement with the Federal Election Commission. The settlement has to do with a ‘catch and kill’

The governor of the Bank of England has warned the risks of climate change are not reflected in the market prices of most financial assets. Andrew Bailey was speaking at the Reuters Responsible Business 2021 conference when he said physical risks, such as property damage, could lead to displacement and conflict. This could cut company

EXCLUSIVE: , the podcast company behind series such as Atlanta Monster and To Live and Die In LA, is exploring the murder of Afrikka Hardy and why it should have been prevented in a new audio series. Algorithm, which is a co-production between Tenderfoot TV and iHeartMedia, will be the first series to premiere exclusively

Wm Morrison Supermarkets is the latest blue-chip company to find itself in the firing line over bosses’ pandemic payouts after removing the £290m cost of dealing with COVID-19 before calculating executive bonuses. Sky News has learnt that the UK’s third-biggest grocer by market value is facing a big protest vote at its annual meeting next