Business

G20 finance chiefs in Venice back global tax deal – draft

VENICE (Reuters) -Finance ministers representing the G20 large economies back a deal setting a global floor for corporate tax rates and will push to resolve outstanding issues on it by October, the latest draft of a joint communique said.FILE PHOTO: People sit at outdoor tables at St. Mark’s Square as Italy lifts quarantine restrictions for […]

Business

IMF board backs $650 billion reserves distribution, targets end-August completion

FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks at an opening news conference during the IMF and World Bank’s 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, U.S., October 17, 2019. REUTERS/Mike Theiler/File PhotoVENICE, Italy (Reuters) – The International Monetary Fund said on Friday its executive board […]