US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale
FT News Briefing
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Intro
This chapter explores the U.S. exit from tax discussions with Europe concerning big tech companies while addressing private equity's unusual deal-making during the pandemic. It also highlights Hertz's halted stock sale amid regulatory issues and the growing geopolitical tensions in Asia influenced by shifts in U.S. foreign policy.
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Transcript
