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Snapple co-founder dies at 85
LONDON, Feb. 16 (UPI) -- The United Kingdom is the world's most tax-friendly country for businesses, a new study has found.
Researchers at the firm KPMG polled executives at 57 international companies and asked which countries had the lowest tax burden. Some 72 percent said Great Britain.
The U.K. finished fifth in the annual survey last year, but has since reduced its corporate tax rate from 28 percent to 22 percent. Leaders in the Conservative government are considering even further reductions, The Telegraph of London said Friday.
"These companies can choose to invest and create jobs anywhere but are increasingly choosing Britain and showing that Britain can compete in the global race. It is a remarkable turnaround," Treasury Chancellor George Osborne said.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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