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France’s Finance Minister Bruno Le Maire, who has long been the main supporter of the tax, accepted delaying its implementation to the end of 2020, a major concession. But he said the EU should still reach agreement on the issue by the end of this year, to avoid states applying their own national taxes, in moves he said would harm the EU single market santos de cartier cufflinks uk sale. Spain and Britain have announced their own national plans to tax digital companies, and reiterated their intention to move ahead without waiting for an EU deal. The Italian finance minister Giovanni Tria said Italy would also proceed alone if no EU agreement was reached by the end of the year..
Austria, which holds the rotating EU presidency, said it will make its last attempt for an agreement at a meeting of finance ministers in December, but that divisions now appeared to be so deep that chances for a deal had narrowed considerably santos de cartier cufflinks uk sale. “It is very difficult to see an agreement on the digital tax because so many technical issues are not solved yet,” Danish Finance Minister Kristian Jensen said. He added that the proposed EU tax was devised in a way that would hit mostly U.S. companies and therefore it would attract U.S. retaliation..
(Reuters) – Eli Lilly and Co (LLY.N) will consider more acquisitions similar to its $1.6 billion purchase of cancer drug developer Armo Biosciences earlier this year, the drugmaker’s chief financial officer said on Tuesday santos de cartier cufflinks uk sale. The remarks come as Lilly gains access to fresh capital after it took its Elanco animal health unit public in September. “We got a little bit less than $4 billion in the third quarter as a function of the first step of our Elanco divestiture and we’ll put that money (to use) against our capital priorities,” Lilly’s Chief Financial Officer Joshua Smiley said in an interview..
“The Armo deal that we did earlier this year, we’ll look to do more of those,” Smiley said, but added that mergers with big drug companies were unlikely to be an important tool to grow in the future. In May Lilly said it would buy Armo Biosciences Inc to expand its portfolio of drugs that helps the body’s immune system fight cancer, a move that could pit the company against several rivals in a lucrative market. Separately on Tuesday, Lilly reported a better-than-expected third-quarter profit and raised its earnings forecast for 2018 santos de cartier cufflinks uk sale.
LONDON (Reuters) – European automakers BMW and Volvo plan to experiment with steel contracts to be launched by the London Metal Exchange early next year, a move which could eventually change the way the industry hedges and prices contracts, industry sources said. The LME is launching three hot rolled coil (HRC) steel futures covering Europe, North America and China early next year, and industry sources told Reuters automakers such as Volvo and BMW (BMWG.DE) were interested in using them santos de cartier cufflinks uk sale. Hot rolled coil (HRC) is a flat steel used to make cars and white goods and typically bought by consumers on annual fixed price contracts. The LME’s cash-settled contract will be settled against an industry benchmark..