Voters have rejected proposed changes that would have abolished special treatment for multinational corporations while maintaining Switzerland’s corporate tax at an internationally competitive level.
Higher interest rates, a strengthening dollar and changes in the US tax regime as well as strong odds on a commodity price revival should all be factored in
A survey by the Association for Financial Professionals (AFP) finds earnings uncertainty has increased over the past three years.
As the curtain comes down on the Obama era, US financial professionals await to see how American political and regulatory policy develops under Donald Trump while their European peers face an equally uncertain outlook.
More corporate treasurers worldwide report that their companies have a formal risk policy in place, reports baying and payments tech group FIS.
This week’s clean sweep by the Republicans in the US presidential election means a loosening of fiscal policy, with both the dollar and interest rates set to move higher predicts Bank of America Merrill.
The central bank has tweaked its stimulus programme and is making a fresh effort to push Japan’s inflation rate above its 2% target.
National Australia Bank’s economics team forecasts two more reductions from Australia’s central bank and “the possibility of unconventional monetary policy”, including quantitative easing.
The package announced by the Japanese prime minister to boost growth is significantly larger than many were expecting.
The Netherlands joins a growing number of countries where borrowing rates on 10-year debt have fallen below zero.