Us Companies Offshoring
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Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
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Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators
Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint amid escalating tensions between the crypto sector and regulators in the United States.
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Trump To Add China Chipmaker, Oil Company To Defence Blacklist: Report
The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
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Trump to Add Chinese Chipmaker SMIC to Defense Blacklist: Sources
The Trump administration could add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors. This could escalate tensions between US and China weeks before President-elect Joe Biden takes office.
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Facebook Faces US Tax Court Trial Over Ireland Offshore Deal
Facebook is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world's largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland.
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Donald Trump To Seek Advice Today From Firms Offshoring Work To India, Others
President Donald Trump, who has vowed to stop US manufacturing from disappearing overseas, will seek job-creation advice today from at least five companies that are laying off thousands of workers as they shift production abroad. Caterpillar Inc, United Technologies Corp, Dana Inc, 3M Co and General Electric Co, are offshoring work to Mexico, China...
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Trump Pledges 'Consequences' For US Firms Moving Offshore
President-elect Donald Trump on Thursday warned that the government would punish companies seeking to move operations overseas with "consequences," setting the stage for an unusual level of intervention by the White House into private enterprise.
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Journalists Will Not Share Panama Papers With US Justice Department
The media group that coordinated the Panama Papers investigation into offshore companies said on Thursday it would not participate in a criminal probe by the US Department of Justice.
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BP 'Grossly Negligent' in 2010 US Spill, Fines Could be $18 Billion
A U.S. judge has decided that BP Plc was "grossly negligent" and "reckless" in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.
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India formally complains about cost of US work visas
Commercial ties between India and the United States flourished after India's economic liberalisation in 1991, but in recent years each side have accused the other of erecting unfair barriers to trade and investment growth. India's economy has benefitted greatly from information technology firms doing offshore work for U.S. companies, but such outs...
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Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
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Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators
Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint amid escalating tensions between the crypto sector and regulators in the United States.
-
Trump To Add China Chipmaker, Oil Company To Defence Blacklist: Report
The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
-
Trump to Add Chinese Chipmaker SMIC to Defense Blacklist: Sources
The Trump administration could add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors. This could escalate tensions between US and China weeks before President-elect Joe Biden takes office.
-
Facebook Faces US Tax Court Trial Over Ireland Offshore Deal
Facebook is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world's largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland.
-
Donald Trump To Seek Advice Today From Firms Offshoring Work To India, Others
President Donald Trump, who has vowed to stop US manufacturing from disappearing overseas, will seek job-creation advice today from at least five companies that are laying off thousands of workers as they shift production abroad. Caterpillar Inc, United Technologies Corp, Dana Inc, 3M Co and General Electric Co, are offshoring work to Mexico, China...
-
Trump Pledges 'Consequences' For US Firms Moving Offshore
President-elect Donald Trump on Thursday warned that the government would punish companies seeking to move operations overseas with "consequences," setting the stage for an unusual level of intervention by the White House into private enterprise.
-
Journalists Will Not Share Panama Papers With US Justice Department
The media group that coordinated the Panama Papers investigation into offshore companies said on Thursday it would not participate in a criminal probe by the US Department of Justice.
-
BP 'Grossly Negligent' in 2010 US Spill, Fines Could be $18 Billion
A U.S. judge has decided that BP Plc was "grossly negligent" and "reckless" in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.
-
India formally complains about cost of US work visas
Commercial ties between India and the United States flourished after India's economic liberalisation in 1991, but in recent years each side have accused the other of erecting unfair barriers to trade and investment growth. India's economy has benefitted greatly from information technology firms doing offshore work for U.S. companies, but such outs...
