The New York Times
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Jim Tankersley
– Nov 17, 2019, 12:00 AM
WASHINGTON — In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration's tax cut — for which the company had lobbied hard. The public face of its…
Rugby player Israel Folau has drawn anger for linking Australia's bushfire crisis to the nation's same-sex marriage and abortion laws. Folau, who was sacked by Australia in May for making anti-gay remarks on social media, described the fires as a…
Premiership champions Saracens have confirmed they will not be contesting their points deduction and fine for breaching the league's salary cap. They are to be docked 35 points and fined £5.36m after an inquiry into business partnerships…
Northzone, the European VC firm that's probably best-known for being an early backer of Spotify, has raised a new $500 million fund, which it claims was oversubscribed and will reach its final close imminently. Dubbed “ Northzone IX,”…
The Financial Times
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Anna Nicolaou in New York
– Nov 17, 2019, 1:30 PM
The Chinese company behind the popular video app TikTok is set to go head-to-head with the likes of Spotify and Apple in the music streaming market with the launch of its own rival service. ByteDance is in talks with the world's largest record…
