capital-gains
FinanceAs a Hedge Against Inflation: Buy Gold Coins and Store Them in a Safe Deposit Box
TradingItaly Minister Open to Reviewing Tax Hike on Cryptocurrencies
Top StoriesWind Energy Firm EDPR’s Nine-Month Profit Halves but Beats Estimates
FinanceUK Hikes Taxes on Private Equity, Further Reforms Loom
Britons With Shares Can Be Considered ‘working People’ Too, PM’s Office Clarifies
Date: October 25, 2024
LONDON (Reuters) – Britons who own shares or property can be considered “working people” too, Prime Minister Keir Starmer’s office clarified, after he suggested they wouldn’t fit his definition of the phrase ahead of a budget next week. As the government warns it will need to take difficult decisions at the Oct. 30 budget to...
BNP Paribas First-Quarter Revenue Beats as Trading Outperforms
Date: May 3, 2023
BNP Paribas first-quarter revenue beats as trading outperforms By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as trading business at the eurozone’s biggest bank outperformed most of its peers, while it started to reap the benefits from rising interest rates. BNP’s quarterly profit more than double in the...
Beating Inflation Over the Long Term: Compound Interest and Tax Efficiency
Date: April 18, 2023
Warren Buffet famously afforded his fortune to his location, “some lucky genes, and compound interest”. For readers who aren’t aware, with an estimated net worth of $110 bn, Warren Buffet is one of the richest people in the world and has been for decades – when it comes to making money, this is someone to...
Roller Coaster March Puts Macro Hedge Funds in Red, Others Post Small Gains
Date: April 6, 2023
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting double digit losses. Firms that concentrate on stocks, however, rode a late month market rally to small gains, according to investors and industry...
Walmart Paid Most of $1 Billion Tax for PhonePe Shifting Base to India
Date: January 5, 2023
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government most of the nearly $1 billion in tax owed after digital payments company PhonePe, which the U.S. retailer owns through Flipkart, shifted its headquarters from Singapore to India. Walmart bought a controlling stake in Indian...
Disney Streaming Beats Wall Street Targets, Earnings Miss
Date: November 8, 2022
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained more subscribers than Wall Street had expected, but investment costs dragged quarterly earnings below analysts’ targets. Shares in Disney fell 5% in after-market trading. The entertainment company is spending billions to compete with Netflix Inc...