multinationals
Coverage of multinationals in the Nexus archive.
- Multinationals still avoiding UK tax after US opts out of reforms, MPs warn
Multinationals continue to avoid UK tax as the US withdraws from global tax reforms. New 'pillar 2' rules require companies to pay additional levies to ensure minimum tax rates.
- 'Ireland's GDP trends reflect global strategies of a handful of multinationals more than the actual state of the economy'
Ireland's GDP trends are more reflective of global strategies by a few multinationals than the true economic state. An American pharmaceutical manufacturer near Cork is cited as an example.
- The ‘world’s toughest gym’: how global companies fight to survive in China
Foreign executives now come to China to study future competitors, reflecting a shift in China's role in the global economy. Joe Ngai of McKinsey & Company notes this change highlights how China has evolved from a market multinationals sought to capitalize on to a competitive battleground.
- ‘Staggering’ Irish slump pushes Eurozone economy into reverse
Ireland’s economic slump has caused the Eurozone economy to decline, with economists citing unpredictable GDP figures due to cross-border financial flows from multinationals.
- China’s new rules give the West a new headache
China has implemented new rules that empower it to punish multinational firms for relocating manufacturing operations out of the country. Western companies face increasing pressure as they navigate conflicting regulatory requirements across the US, EU, and China simultaneously.