PRESS DIGEST-Financial Times - April 8
Norway's sovereign wealth fund buys 50 per cent stake in Dutch offshore wind farm owned by Orsted A/S. Labour MP and shadow defence secretary, John Healey, urged ministers in May 2020 to give Greensill the ability to offer loans of up to 200 million pound ($274.86 million) under a COVID-19 loan scheme for cash-strapped large companies.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
UK advises under-30s to take offer of alternative to AstraZeneca vaccine https://on.ft.com/3cYt4Vc
U.S. offers new plan in global corporate tax talks https://on.ft.com/3mAohfZ
Norway's oil fund makes first investment in renewable energy https://on.ft.com/3cYZgbi
Labour faces Greensill pressure over shadow minister's lobbying https://on.ft.com/3sYYa4V
Overview Britain changed its guidance on Wednesday over the Oxford/AstraZeneca Plc vaccine, recommending that people aged 18-29 be offered alternative vaccine.
The Biden administration has proposed a new model for taxing multinational corporations, that would apply to the global profits of the large companies, including big U.S. technology groups, regardless of their physical presence in a given country. Norway's sovereign wealth fund buys 50 per cent stake in Dutch offshore wind farm owned by Orsted A/S.
Labour MP and shadow defence secretary, John Healey, urged ministers in May 2020 to give Greensill the ability to offer loans of up to 200 million pound ($274.86 million) under a COVID-19 loan scheme for cash-strapped large companies. ($1 = 0.7276 pounds) (Compiled by Bengaluru newsroom)
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