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17 Jun UPDATE 2-U.S. pulled out of stalled talks on digital services taxes -Lighthizer

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U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday.

16 Jun UPDATE 1-Canadian province Alberta to study forming own pension plan, police force

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The Canadian province of Alberta will study replacing the Canada Pension Plan (CPP) with a provincial plan and establishing a provincial police force, Premier Jason Kenney said on Wednesday after a panel recommended the ideas.

16 Jun REFILE-UK pensions regulator sets out guidance for superfunds

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The Pensions Regulator (TPR) on Thursday published the framework for the launch of UK pension superfunds, a new structure designed to ease the burden of Britain's 2 trillion pound ($2.5 trillion) final salary pension sector on cash-strapped firms.

16 Jun UPDATE 1-British oil major BP raises $12 bln in debt, says FT

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British oil major BP Plc raised $12 billion of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet, the Financial Times (FT) reported https://www.ft.com/content/6213ac92-9d7b-41da-9353-a2be17a37a96 on Wednesday.

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16 Jun Pensions superfunds given go-ahead in ‘tough’ security regime

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Regulator takes ‘hard stance’ in allowing companies to offload defined benefit schemes

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16 Jun Ex-Morgan Stanley diversity officer says bank slashed her budget by 71%

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A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71% from the time she started in wealth management to 2019.

16 Jun British oil major BP raises $12 bln in debt – FT

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British oil major BP Plc raised $12 billion of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet, the Financial Times reported https://www.ft.com/content/6213ac92-9d7b-41da-9353-a2be17a37a96 on Wednesday.

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16 Jun U.S. proposed pause in OECD talks on international taxation -Treasury

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The U.S. government proposed a pause in Organization of Economic Co-operation and Development talks about international taxation while governments work to respond to the coronavirus pandemic, a spokeswoman for the U.S. Treasury said.

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16 Jun California makes insurers cut workers’ comp premiums

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California on Wednesday announced the first regulation requiring insurance companies to reduce premiums paid by employers for U.S. workers' compensation insurance, citing lower risk factors as millions of employees work from home.

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16 Jun NHS contact tracing app could be delayed until winter

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Minister says software ‘isn’t a priority’ as development team’s management is reshuffled

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News

17 Jun UPDATE 2-U.S. pulled out of stalled talks on digital services taxes -Lighthizer

16 Jun UPDATE 1-Canadian province Alberta to study forming own pension plan, police force

16 Jun REFILE-UK pensions regulator sets out guidance for superfunds

16 Jun UPDATE 1-British oil major BP raises $12 bln in debt, says FT

16 Jun Pensions superfunds given go-ahead in ‘tough’ security regime

16 Jun Ex-Morgan Stanley diversity officer says bank slashed her budget by 71%

16 Jun British oil major BP raises $12 bln in debt – FT

16 Jun U.S. proposed pause in OECD talks on international taxation -Treasury

16 Jun California makes insurers cut workers’ comp premiums

16 Jun NHS contact tracing app could be delayed until winter

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