Pierre-Édouard Stérin, the billionaire funding France's far rightBillionaire Pierre-Édouard Stérin, living abroad to avoid taxes, is spending millions to steer France rightward. He funds anti-immigrant, f...
22 Mar, 2026, 10.18 AM IST
Billionaires' wealth hits new peak as their clout grows, Oxfam saysBillionaire fortunes surged to a record high last year. This wealth boom deepened economic and political divides. One in four people worldw...
19 Jan, 2026, 10.56 AM IST
Squeeze the super rich? Flight of 'Lakshmi' is the riskBillionaire Lakshmi Mittal's move from the UK to Switzerland and Dubai signals a broader European challenge in taxing the super-rich. His d...
25 Nov, 2025, 11.03 AM IST
What is in France's draft 2026 budget?French lawmakers are reviewing a 2026 budget aiming to tighten public finances by over 30 billion euros through spending cuts and new taxes...
20 Oct, 2025, 04.02 PM IST
Tax the rich or fall: French PM Sebastien Lecornu faces budget ultimatumFrench Prime Minister Sebastien Lecornu faces a critical juncture as Socialists demand a 2% wealth tax on the nation's wealthiest in exchan...
18 Sep, 2025, 11.57 AM IST
Battle for the global elite: Paris and London’s wealth loss is Dubai’s gainParis is facing a talent exodus as rising taxes push wealthy individuals and businesses to Dubai and Switzerland. While Paris benefited pos...
25 Mar, 2025, 12.37 PM IST
Tax the billionaires, Congress isn't alone in its demand amid a 'rare political opportunity'Congress has queried Prime Minister Narendra Modi's stance on "billionaire tax", particularly as it approaches discussion at the upcoming G...
13 Jul, 2024, 11.09 PM IST
France runs risk of economic meltdown after high earners looking at fleeing country over wealth taxesFrance is currently facing a risk of economic meltdown in the country as high earners in the country are looking to flee the country over 9...
10 Jul, 2024, 11.58 PM IST
France to bring back wealth taxes? Here's all about the controversial taxFrance is currently contemplating a decision to reinstate wealth taxes in the country, which has yet again sparked a national controversy. ...
08 Jul, 2024, 06.21 PM IST
Failure to tax world's richest means global tax needed: reportThe idea of a global tax on the richest is already supported at the G20 by Brazil, France, Spain and South Africa -- although the United St...
25 Jun, 2024, 10.32 PM IST
About 82,000 millionaires shifted overseas in 2016: ReportAn estimated 11,000 millionaires moved to Australia in 2016 compared to 10,000 that moved to the US and 3,000 that moved to the UK.
22 Feb, 2017, 12.09 AM IST
Automatic tax data exchange to hurt fund flows, say Swiss banksAll Swiss banks put together managed assets totalling over Rs 383 lakh crore at the end of 2012, out of which 51 per cent came from abroad.
25 Nov, 2013, 01.05 AM IST
- Swiss bank UBS returns to profit, struggles with outflows
Troubled Swiss bank UBS said Tuesday it had surged back into quarterly profit for the first time in more than a year even though it was sti...
09 Feb, 2010, 05.08 PM IST
- Swiss banks offer to tax Indian, other foreign clients
Pressed hard for giving access to details of money stashed away by Indians and other overseas clients with them, Swiss banks have offered t...
27 Sep, 2009, 01.07 PM IST
- UBS warns earnings 'at risk for some time to come'
Troubled Swiss bank UBS issued a grim outlook on Wednesday, warning that its earnings would be "at risk for some time to come" after it rev...
11 Mar, 2009, 06.12 PM IST
- Rich UBS clients pull funds as securities losses mount
UBS, the world’s biggest money manager for the wealthy, may report on Tuesday that private-banking clients removed funds for the first time...
12 Aug, 2008, 12.40 AM IST
- Top UBS executive detained in US over tax evasion charges
UBS, reeling under record losses, said the US Department of Justice is investigating whether the world’s biggest money manager for the weal...
08 May, 2008, 02.27 AM IST