Business

Europe’s digital euro: What it is and how it would work

Europe’s digital euro: What it is and how it would work

Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed. The negotiations aim to produce a final law by the end of...

OECD says global minimum tax boosted revenue, not job losses

OECD says global minimum tax boosted revenue, not job losses

Countries applying a global minimum tax on multinational companies saw corporate tax revenues rise without a corresponding loss of jobs or investment, the Organisation for Economic Co-operation and Development said on Wednesday. The global minimum tax was designed to curb...

Europe’s digital euro: What it is and how it would work

Europe’s digital euro: What it is and how it would work

Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed. The negotiations aim to produce a final law by the end of...

Spain, Portugal step up scrutiny of soaring property markets

Spain, Portugal step up scrutiny of soaring property markets

Spain and Portugal are stepping up scrutiny of their soaring property markets amid early signs of overheating, but supervisors are unlikely to intervene heavily yet, with the market some way from resembling past boom and busts. Unlike elsewhere in the...

AI hopes and fears dominate global central bank meet

AI hopes and fears dominate global central bank meet

Seeping into just about every conversation at this week's meeting of the world's top central bankers was one big unknown: how artificial intelligence will impact the world economy and therefore their mandate to ensure financial stability. The consensus of those...