• Capital Access

Hot Off The Wires - 3rd June 2021

News


  • President Joe Biden has unveiled tariffs on UK goods worth £626m in retaliation for Britain’s digital services tax targeting the likes of Google and Facebook.

  • Handmade goods marketplace Etsy has taken over Depop, the second-hand fashion app, in a $1.6bn deal with an eye on younger consumers.

  • Sri Lanka is facing a serious environmental disaster after a chemical-laden container ship that has been on fire for almost two weeks has started to sink off the coast.

  • The EU has agreed it will force large multinational companies to publish a breakdown of the tax they pay in each of the bloc’s member states and in tax havens such as Seychelles, piling pressure on the UK government to follow suit.

  • Australia’s economy is back to its pre-pandemic size, after growing 1.8% over the first three months of the year and 1.1% over the past 12 months.


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Trivia


Which country invented Gin?

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