Summary Coursework Example | Topics and Well Written Essays - 500 words - 1

Summary - Coursework Example Chinese security regulators also allowed traders of Shanghai and Hong-Kong to trade on each other’s markets. In terms of ex-Chief economist of the World trade organization these Chinese acts are to show Chinese leadership of the region, and it also depicts Chinese political ambitions. China has also made a deal with the  United States in order to remove tariffs on variety of Information technology products. Both countries will also  attempt to make other countries pursue the same strategy  under the  World Trade Organization (Bradsher & Stevenson, 2014). Warren E. Buffett’s ‘Berkshire Hathaway’ is decided to buy ‘Duracell’ from Procter & Gamble, valued at $4.7 billion by swapping his holding in P&G  with the re-known battery company. The deal is named as ‘cash-rich-split-off’. Through this deal, Warren E. Buffett found a way to buy a well-known brand without much tax bill. Internal Revenue service allowed such sell without big tax hit. On the other hand, P&G  has decided only to focus on its major money making businesses of toothpaste, detergent, and razors. Mr. Buffett has been a strong advocate of higher personal taxes. However, like many other companies, using so-called inversion; Mr. Buffet has traded with many high-named companies. However, he has called the two paradoxical actions as consistent  and strongly defended his actions in media. Mr. Buffet is more inclined in buying companies than holding major stakes. The purchase of Duracell, which makes 25% of the global battery market, is in the same line of actions. On the other hand, P&G is perusing a policy of shedding its small businesses (De La Merced, 2014). Delaware Court of Chancery Vice Chancellor said Royal Bank of Canada ought to pay $75.8 million to cover  losses incurred  by  Rural/Metros former shareholders  due to RBC’s inability to disclose the conflicts in interest that tainted the $438 million buyout of the ambulance operator. The