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The OECD announced that 136 countries and jurisdictions have reached international tax reform agreements
Original title: The OECD announces that 136 countries and jurisdictions have reached international tax reform agreements, Paris, October 8 (Reporter Xing Jianqiao) The Organization for Economic Cooperation and Development (OECD) announced in Paris on the 8th that 136 countries and jurisdictions have agreed to carry out international tax system reforms and will levy at least 15% corporate tax on large multinational enterprises starting in 2023. The OECD issued a statement on the same day saying that these countries and jurisdictions, which together account for more than 90% of the world's gross domestic product, have agreed to implement a two-pillar international tax reform plan to meet the tax challenges brought about by the digitization of the economy. The statement said,
The S & P 500 is expected to have its biggest weekly gain since April, helped by easing inflation concerns.
As inflationary pressures ease and confidence in fiscal stimulus returns, the S & P 500 is heading for its biggest weekly gain since April. The index hit a new intraday high, up 0.3% as of 1015 / 04 New York time. Eight of the 11 major sectors rose, led by the financial sector. The Nasdaq 100 and the Nasdaq Composite Index, which closed at a record high on Thursday, were basically flat. Nike rose to a record high after reporting strong results. FedEx fell as its performance outlook was lower than expected.
Nike rose 15%, a record high, and its fourth-quarter results exceeded market expectations.
NKE.N (Nike) rose 15% to an all-time high after beating market expectations for the full year and the fourth quarter and was upgraded by a number of big banks.
The rise in global safe-haven assets is worried by new variants of the virus.
London, one of the world's largest financial centres, has been subject to tighter restrictions under pressure from a new variant of the faster-spreading coronavirus, prompting investors to scramble for safe-haven assets such as bonds and the dollar. The yield on 10-year US Treasuries fell 5 basis points, the Bloomberg dollar index was on track for its biggest gain since June, and UK and German bunds rose. The move comes after London imposed a full blockade over the weekend and Brexit negotiators once again missed the deadline for negotiations. Many countries have tightened their borders to prevent the spread of the virus, a sign that the economic losses caused by the pandemic may not be over. R, strategist, Rabobank
Nasdaq is investigating problems with some customers connecting to the exchange.
Nasdaq is currently investigating problems with some customers connecting to the exchange, according to the statement.
The Senate meets on Saturday to discuss Barrett's nomination, which will be confirmed on Monday.
The procedural vote will be held on Sunday and the final confirmation will be held on Monday. On Saturday afternoon EDT, the Senate will meet in a rare session to debate Justice Amy Coney Barrett's entry to the Supreme Court. In a few days, voters will decide whether Republicans will continue to control the Senate and the White House. Democrats strongly opposed the confirmation of Barrett's appointment so close to the election, boycotting the Judiciary Committee's vote on Thursday. Senator Chuck Schumer (Chuck Schumer), Democrat of New York, adopted four kinds of procrastination wars at the Senate meeting on Friday.
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