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Jan 25 – 10 Mins Business & Finance Recap
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Subscribe05 FEB 2025 / MONTHLY NEWS CAPSULE
Major business developments in January include French regulators investigating Binance for tax fraud, Deloitte's acquisition of cloud-based startup SimplrOps, and SoftBank-backef eFishery being accused of a $600m financial fraud. High-profile economic updates include Japan's plan to raise interest rates and Trump’s proposal for an import tax agency. Significant regulatory changes include IRS' major tax updates, speedier tax dispute resolution procedures, and increased scrutiny on financial reporting by PCAOB. In finance, HSBC is withdrawing from M&A advisory in the U.S. and Europe, Blackstone has acquired a majority stake in Citrin Cooperman, and H&R Block has been fined for misleading “free filing” claims.
New year, new headlines! January brings fresh challenges, emerging trends, and critical shifts across industries. From regulatory changes to major corporate moves, January has laid the groundwork for what could be a transformative year. Businesses, invest...
Until next time…
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