Tag: Corporate

Corporate Executives Consider Large Urban Areas Less Attractive for Business Due to COVID-19

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NEW YORK, Oct. 13, 2020 /PRNewswire/ — A new survey of U.S. business executives concludes corporate decision makers find large urban areas less attractive business locations due to the COVID-19 pandemic. Released today at the International Economic Development Council (IEDC) Annual Conference, which is being held virtually from Dallas, the study shows that nearly 50% of the executives surveyed reported that large urban areas – cities with a population of more than 1 million – are less attractive as business locations due to COVID-19. Respondents also reported that their perception of some state’s business climates has deteriorated due to the way some states have handled the pandemic.

Conducted by Development Counsellors International (DCI) every three years, the “Winning Strategies in Economic Development Marketing” survey has tracked trends in economic development since its inception in 1996. In light of COVID-19, this year’s survey also includes findings about how the

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OECD’s corporate tax reform proposal gaining broad support: Scholz

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FILE PHOTO: German Finance Minister Olaf Scholz speaks during a session of the German lower house of parliament Bundestag, in Berlin, Germany, September 29, 2020. REUTERS/Hannibal Hanschke/File Photo

BERLIN (Reuters) – More than 130 countries have agreed on a blueprint to introduce global rules on corporate taxation to be discussed by G20 finance ministers next week, German Finance Minister Olaf Scholz said on Friday.

“With a unanimous agreement on a blueprint for reforming the global corporate tax code we have taken a major step forward,” Scholz said in a statement. “This is a positive signal and I’m sure that by the summer of next year we will be able to reach a final agreement on this reform plan.”

The Organisation for Economic Cooperation and Development (OECD) has been developing rules to make digital companies pay tax where they do business, rather than where they register subsidiaries. This could boost national

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OECD’s Corporate Tax Reform Proposal Gaining Broad Support: Scholz | Investing News

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BERLIN (Reuters) – More than 130 countries have agreed on a blueprint to introduce global rules on corporate taxation to be discussed by G20 finance ministers next week, German Finance Minister Olaf Scholz said on Friday.

“With a unanimous agreement on a blueprint for reforming the global corporate tax code we have taken a major step forward,” Scholz said in a statement. “This is a positive signal and I’m sure that by the summer of next year we will be able to reach a final agreement on this reform plan.”

The Organisation for Economic Cooperation and Development (OECD) has been developing rules to make digital companies pay tax where they do business, rather than where they register subsidiaries. This could boost national tax revenues by a total of $100 billion a year, the OECD estimates.

But a recession sparked by the coronavirus in many industrialised nations have cast doubt on

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OECD’s corporate tax reform proposal gaining broad support – Scholz

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FILE PHOTO: German Finance Minister Olaf Scholz attends a joint news conference with Justice Minister Christine Lambrecht in Berlin, Germany, October 7, 2020. REUTERS/Hannibal Hanschke

BERLIN (Reuters) – More than 130 countries have agreed on a blueprint to introduce global rules on corporate taxation to be discussed by G20 finance ministers next week, German Finance Minister Olaf Scholz said on Friday.

“With a unanimous agreement on a blueprint for reforming the global corporate tax code we have taken a major step forward,” Scholz said in a statement. “This is a positive signal and I’m sure that by the summer of next year we will be able to reach a final agreement on this reform plan.”

The Organisation for Economic Cooperation and Development (OECD) has been developing rules to make digital companies pay tax where they do business, rather than where they register subsidiaries. This could boost national tax revenues by

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Indianapolis corporate executives take Indy Racial Equity Pledge

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“Resiliency funds” are helping Black-owned business stay afloat during the coronavirus pandemic, continuing a long tradition of mutual aid within African American communities with limited access to capital, networks and government programs. (Sept. 28)

AP Domestic

A coalition of executives in business, civic life, sports, health care and utilities joined Mayor Joe Hogsett on Thursday in pledging to take measurable actions to make Indianapolis and neighboring communities racially equitable. 

In taking the Indy Racial Equity Pledge, the executives outlined a host of initiatives their companies would undertake to address racial disparities, such as hiring and retaining Black workers, increasing spending with Black-owned businesses and vendors, and investing philanthropic dollars in Black-led organizations. 

“At Cummins, we will continue to demand racial justice and to drive the change in our communities so that all people may advance and achieve,” said Sharon Barner, vice president, general counsel and corporate secretary for Cummins.

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Patrick Manning Joins Novolex as Senior Vice President of Corporate Development | News

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HARTSVILLE, S.C., Oct. 7, 2020 /PRNewswire/ — Novolex®, a leader in packaging choice, sustainability and innovation, announced today that Patrick Manning has joined the company as Senior Vice President of Corporate Development.

In filling this key position at the company, Manning will be responsible for business strategy and all corporate mergers and acquisitions (M&A) activity. He will be part of the Senior Leadership Team and report directly to Stan Bikulege, Chairman and CEO of Novolex.

“We are excited that Patrick is bringing his broad experience and deep expertise to Novolex to help us continue to prosper and grow,” Bikulege said. “Throughout his 25-plus-year career, Patrick has demonstrated an outstanding ability to drive sales growth, control costs and provide operational excellence through acquisition, investment, divestiture and joint venture opportunities. We could not be happier to have him join the Novolex family.”

Throughout his career, Manning has served

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aptihealth Names Matt Brocks as Senior Vice President of Corporate Strategy & Chief of Staff to the CEO

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BOSTON and NEW YORK, Oct. 5, 2020 /PRNewswire/ — aptihealth, the nation’s leading innovator in tech-enabled integrated behavioral healthcare, today announced the appointment of Matt Brocks as Senior Vice President of Corporate Strategy and Chief of Staff to the CEO. Brocks joins the executive team to champion organizational transformation and drive business strategy.

Brocks comes to aptihealth after spending 10 years at Deloitte Consulting, where he led global merger and acquisition transactions and large-scale business transformations, with a specific focus on healthcare. Most recently he served in a 6-month rotation leading strategic planning and special projects for Deloitte’s Chair of the US Board of Directors.

“Matt’s strategic leadership experience in driving transformative business growth and his collaborative approach to driving cross-functional operational excellence will be invaluable as aptihealth continues to

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Corporate Training Market Will Showcase Positive Impact During 2020-2024 | Expanding SMB Market to Boost the Market Growth | Technavio

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the corporate training market and it is poised to grow by $ 52.7 bn during 2020-2024, progressing at a CAGR of about 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adobe Inc., Cisco Systems Inc., City & Guilds Group, D2L

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Corporate Training Market Will Showcase Positive Impact During 2020-2024 | Expanding SMB Market to Boost the Market Growth

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Technavio has been monitoring the corporate training market and it is poised to grow by $ 52.7 bn during 2020-2024, progressing at a CAGR of about 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201004005006/en/

Technavio has announced its latest market research report titled Global Corporate Training Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

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Emirates Islamic, Mastercard launch corporate card

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Emirates Islamic, a leading Islamic financial institution in the UAE, has entered into a long term strategic partnership with Mastercard to offer credit cards to the bank’s corporate banking clients.

Developed in partnership with Mastercard on the back of a long-term, strategic partnership, the corporate cards will address the growing need among UAE businesses for a customised, flexible and secure digital payment solution to manage employees’ travel, entertainment and procurement expenses.

The cards will offer the bank’s corporate clients better control and visibility over employees’ expenses via a centralised transaction and expense monitoring and management system. Businesses will be able to set spending limits, alerts and controls on employee spend and receive consolidated statements per units or corporate entity, for easier management.

In addition, the cards will enable businesses to offer their senior executives enhanced benefits such as airport lounge access, insurance against baggage loss, damage or trip cancellation and

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