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How Tax Haven States Enable Billionaires to Hide Trillions

The Nation, check out our latest issue. Subscribe to Support Progressive Journalism The Nation is reader supported: Chip in $10 or more to help us continue to write about the issues that matter. Sign up for our Wine Club today. Did you know you can support The Nation by drinking wine? As he prepared to take office, President Joe Biden called out corporate corruption as a threat to national security. “I will lead efforts internationally to bring transparency to the global financial system, go after illicit tax havens, seize stolen assets, and make it more difficult for leaders who steal from their people to hide behind anonymous front companies,” Biden wrote in

Decoded: What is SPAC and is it the real thing or a misplaced hype?

Read more about Decoded: What is SPAC and is it the real thing or a misplaced hype? on Business Standard. Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter

ReNew Power to provide free Covid-19 vaccination to employees, families

Clean energy firm ReNew Power has decided to provide COVID-19 vaccination free of cost to its 1,500 employees as well as their families. Assuming a family of five, back-of-the-envelope calculations indicate that ReNew Power would provide vaccination to around 7,500 people across its 110 locations inIndia. ReNew Power Chairman and Managing Director Sumant Sinha told PTI that the company will bear the full cost of vaccination for its employees and their dependents. He said ReNew has around 1,500 employees, a majority of whom work across its 110 locations across the country. In an e-mail written to employees, Sinha said, We want to ensure that all our employees are working in safe conditions, and getting vaccinated is a crucial safety measure in that regard.

Shell India celebrates and inspires India s dreamers with the launch of its latest campaign Great Things Happen When We Move

Shell Pledges Support for FG s 5,000 BCF Gas Expansion Plan

Emmanuel Addeh The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the federal government goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization. SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’. Speaking at the Nigerian Gas Association’s 12th International Conference and Awards, held virtually with the theme, “Powering Forward: Enabling Nigeria’s Industrialization via Gas”, Okunbor stated that Shell has invested heavily in the Assa North Gas Project.

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