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UPDATE 5-Pfizer's Allergan deal teeters on new U.S. inversion curbs

2016-04-06 03:35:30| Waste Management - Topix.net

U.S. drug maker Pfizer Inc's $160 billion agreement to acquire Botox maker Allergan Plc was on the brink of being abandoned on Tuesday, after the U.S. Treasury issued new rules on how tax "inversion" deals can be structured. Allergan's shares were hit considerably hard on Tuesday, showing how the rules that were issued on Monday targeted the biggest inversion attempted to date.

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NGOs call for curbs on shipping emissions to meet Paris climate target

2016-02-10 01:00:00| Ship Technology

NGOs Seas At Risk and Transport and Environment (T&E) have warned that achieving the Paris climate target of limiting global warming to 1.5 / 2°C will be impossible unless Europe and the International Maritime Organisation (IMO) ratify measures to cu

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HSBC curbs mortgage offering to Chinese citizens in U.S

2016-01-28 15:52:01| Real Estate - Topix.net

Europe's biggest lender HSBC will no longer provide mortgages to some Chinese nationals who buy real estate in the United States, a policy change that comes as Beijing is battling to stem a swelling crowd of citizens trying to get money out of China. spokesman in New York told Reuters on Wednesday that the new policy went into effect last week, roughly a month after China suspended Standard Chartered China's stock market slump, slowing economic growth and weak real estate prices have encouraged Chinese individuals and companies to try to shift money offshore for higher returns, a headache for Beijing as the capital outflows undermine efforts to prop up the yuan and domestic investment.

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Ariens curbs Muslim prayer time to breaks

2016-01-20 02:38:39| Industrial Machines - Topix.net

Ariens curbs Muslim prayer time to breaks Ariens said his company will require its Muslim employees to pray during 10-minute breaks. Check out this story on greenbaypressgazette.com: http://post.cr/1RyA7nz BRILLION - Ariens Co.

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India ready to impose more curbs on steel imports

2015-12-08 13:32:16| Steel - Topix.net

Dec 8 India is readying to impose more curbs on steel imports, including introducing a safeguard duty, after a 20 percent import tax failed to contain losses for producers such as Steel Authority of India. SAIL, JSW Steel and Essar Steel have complained that surging imports from Indonesia, China, Japan, Russia, Ukraine and South Korea were squeezing their market share and profit margins.

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