The G7’s planned 15 per cent minimum global corporate tax rate is rejected by several key U.S. Senate Republicans. We hear from EY CEO Carmine Di Sibio who says the agreement may provide a long-awaited framework for international cooperation on taxes, but warned the reality may be quite different. U.S. markets are mixed with investors eyeing Thursday’s inflation data. Meanwhile, Apple launches a new operating system as part of its Worldwide Developers Conference, putting user privacy front and centre. And in crypto news, Bitcoin weekly outflows top out at $140m. This, as American authorities manage to claw back almost all of the ransom attack money paid out by Colonial Pipeline.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.