News
Chinese government wants stakes in widely-held web giants
China’s regulatory body for internet security is said to be in discussions for ownership stakes in tech giants such as Tencent and social media units under Alibaba, according to industry reports.
Investment | news 16 Oct 17
Timing a correction is a fool’s errand
The head of global multi-asset strategy at JP Morgan Asset Management (JPMAM) has described any attempt to time a market correction as a “fool’s errand”.
Middle East | news 16 Oct 17
Israel tightens up residency rules with 7 conditions
The Israeli Tax Authority (ITA) has set out seven conditions for a recent immigrant to be regarded as an Israeli resident for tax purposes as part of a wider move to tighten the rules.
Premier League striker first in a raft of ‘image rights’ tax investigations
In its latest clash with sports stars over their tax affairs, HM Revenue & Customs has taken a little-known Hull player to task over his image rights.
South Africa’s Sanlam Life buys Barclays-owned consulting arm
South Africa-headquartered Sanlam Life Insurance has agreed to buy Barclays Bank owned subsidiary Absa Consultants and Actuaries (ACA) for R285m (£16.1m, $21.4m).