The Traderszone Network

Burger King, which is majority-owned by 3G Capital, would create the world’s third-largest fast-food chain by merging with Canada’s bigger seller of coffee and doughnuts, the companies said in a statement. Canada’s corporate tax rate is 26.5 percent, compared with 40 percent in the U.S., according to audit, tax and advisory firm KPMG’s website. The deal threatens to renew debate over American companies shifting their headquarters internationally in search of a lower corporate tax bill.

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Financials were one of the best performing sectors last week but investing in the whole sector may not be a wise decision. Here’s why.

Global stock markets were mostly higher Monday after top central bankers in Europe and Japan said support for their economies would continue and additional help is possible.

Investors are exiting the gold market on speculation that signs of sustained U.S. Hedge funds reduced their bullish gold bets for the third time in four weeks, and open interest in New York futures and options are near the lowest in five years, U.S. Federal Reserve Chair Janet Yellen said Aug. 22 that if economic progress “continues to be more rapid than anticipated,” an interest-rate increase could come sooner than currently expected. Bullion tumbled 28 percent last year as the central bank started reducing bond buying.

The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process. Pledges of policy stimulus from the heads of the European Central Bank and the Bank of Japan pressured both the euro and the yen, leaving the U.S. Moves elsewhere were muted and MSCI’s broadest index of Asia-Pacific shares outside Japan was near flat.

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At 4:30 a.m. on a May morning in Hong Kong, Joseph Tsai gathered with three other executives of Alibaba Group Holding Ltd. With the U.S. While Chairman Jack Ma is the visionary founder of Alibaba, Tsai, the vice chairman, is the guy who stays up until 4:30 a.m. to execute that vision. “Alibaba wouldn’t be where it is today without Joe Tsai,” said Porter Erisman, who worked in marketing and communications at Alibaba in the early days and just released a documentary on the company’s beginnings.

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While its top executives are still based in Attleboro, Massachusetts, it’s now known as Sensata Technologies Holding NV (ST) of the Netherlands. Treasury Department and some Democrats in Congress are trying to curb. Although these companies have a combined market value of about $75 billion, this tax-avoidance strategy has gotten less attention in Washington than inversions and may be harder to discourage. Shifting to a foreign tax domicile “is looked at hard in every private equity deal,” said Joan Arnold, a tax partner at Pepper Hamilton LLP in Philadelphia.