US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale episode artwork

EPISODE · Jun 18, 2020 · 9 MIN

US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale

from FT News Briefing

The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due to the pandemic, and the bankrupt car rental company Hertz halted its controversial $500m share sale. Plus, the FT’s Seoul bureau chief Edward White explains how Donald Trump’s transactional approach to foreign policy is affecting America’s relationships with Asian countries. Hosted on Acast. See acast.com/privacy for more information.

The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due to the pandemic, and the bankrupt car rental company Hertz halted its controversial $500m share sale. Plus, the FT’s Seoul bureau chief Edward White explains how Donald Trump’s transactional approach to foreign policy is affecting America’s relationships with Asian countries. Hosted on Acast. See acast.com/privacy for more information.

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US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale

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The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due to the pandemic, and the bankrupt car rental...

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