Finance

by | July 05, 2019 | 15:54

The government has already moved GST council to lower the GST rate of the electric vehicles . Additionally, to encourage consumers, the government has provided an additional income tax deduction of Rs 1.5 lakhs on the interest paid towards loans taken to purchase electric vehicles.

by | July 05, 2019 | 14:35

The Australian government successfully passed its 158-billion-Australian dollar (110 billion US dollars) income tax cuts through the parliament on Thursday night. Millions of low- and middle-income earners will save up to $1080 from as early as next week after the three-stage cuts were passed overnight. But, clearly, Cory Bernardi or Jacqui Lambie should not be the measure of democracy.

by | July 05, 2019 | 12:48

Earlier this week, the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, agreed to extend production cut until March 2020. 1 million barrels (Mmbbl) - after analysts forecast a 3 Mmbbl drop, and the American Petroleum Institute projected a 5 Mmbbl drop. Distillate fuel product supplied averaged 4.1 million barrels per day over the past four weeks, up by 1.6% from the same period a year ago.

by | July 05, 2019 | 09:29

The company did not immediately respond to requests for comments on where the alleged incident took place, although some social media users have claimed it was filmed in Texas, citing the now-deleted Instagram profile of a woman they believe to be in the video .

by | July 05, 2019 | 07:07

CNN pointed out that it is unclear whether companies are relocating production to locations outside of China or rerouting goods before they are exported to the U.S.to circumvent tariffs. Investors pulled $15.1 billion from equity funds after near record selling in the United States ahead of the G20 Summit, and piled $6.3 billion into bonds in the four trading days to July 2, Bank of America Merrill Lynch (BAML) said on Thursday.

by | July 05, 2019 | 05:55

The Economic Survey clearly stated that the year 2019-20 has delivered a huge political mandate for the government, which augurs well for the prospects of high economic growth. The expenditure on education increased from 2.8 per cent to 3 per cent and expenditure on health increased from 1.2 per cent to 1.5 per cent from 2014-15 to 2018-19.

by | July 04, 2019 | 16:39

Then she simply puts it back in the grocery store freezer where any customer could probably just pick it up and take it home. The man then urges the woman to "put it back!" as she laughs loudly as she reseals the "Tin Roof" flavoured ice cream and shoves it back into the supermarket freezer.

by | July 04, 2019 | 16:25

Shares in Woolworths jumped by 1.08% to $34.02 off the back of the announcement. Wesfarmers pursued the latter option when it divested supermarket chain Coles previous year, retaining a 15 per cent stake as Woolworths' fierce rival listed on the ASX.

by | July 04, 2019 | 15:40

Li reacted calmly to the weird incident, simply asking: "What's your problem?" According to a video circulating on Twitter, Li was delivering a presentation when he was interrupted by a man in a black shirt who pours the contents of a bottle of water on his head.

by | July 04, 2019 | 15:24

Linton has been the public face of the company he co-founded in 2013 in a former chocolate factory in Smiths Falls, Ont., which now has approximately 3,200 employees as of March 31. "Mark has played an integral role in the company's success since its inception, including managing all aspects of the company's day-to-day operations".

by | July 04, 2019 | 14:26

Tracking current trading session activity on shares of Brookfield Business Partners LP (BBU), we can see that the stock price recently hit 38.55. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.

by | July 04, 2019 | 13:09

The licensing and store authorization for the on reserve stores will take place in a separate process from the lottery, on a first-come, first-served basis. Then applications for the 42 locations outside First Nations communities will be accepted from August 7-9. Downey said the stores can start opening in October but won't be expected to open all at once and there is no deadline date for when they need to be open.

by | July 04, 2019 | 11:12

With the new partnership customers will be able to receive food items from BP stations at their homes. Uber does charge restaurants a fee for participating in the dine-in feature, but it's less than the fee it charges for delivery . The option also allows customers to pay ahead of time. With Uber Eats , Uber charges you for the delivery . The company has even started allowing Eats orders inside of its main app.

by | July 04, 2019 | 09:45

The man behind Facebook's planned digital currency, Libra , has said that while the project could indeed be problematic, the company is, and always has been, keen to work with regulators and local governments. We all believe that the risks associated with the Facebook offer are too great to allow us to continue working with so many questions that remain answered ...

by | July 04, 2019 | 09:42

While the aircraft sector is known for being volatile, Prusakowski said Wednesday's data "does suggest that this is maybe of the export wave that we're expecting" following the announcement of new Airbus A220 contracts. Australia's trade surplus increased more than expected in May on higher exports, data from the Australian Bureau of Statistics showed on Wednesday.

by | July 04, 2019 | 09:39

At the recent G20 summit in Osaka, Japan , Trump and his Chinese counterpart Xi Jinping agreed on a trade truce whereby Washington held off on imposing new tariffs on Chinese goods and agreed to allow USA companies to sell products to Huawei .

by | July 04, 2019 | 08:54

Effects of the continued trade war are already forcing China-based companies who rely heavily on US technology products, to find greener pastures outside of the region such as Foxconn Technology who have moved production efforts to Mexico and the Czech Republic.

by | July 04, 2019 | 04:09

Shelton, who serves as the US executive director at the European Bank for Reconstruction and Development, was one of two candidates that Trump announced in a series of tweets, alongside Christopher Waller, a long-time official at the Federal Reserve Bank of St.

by | July 04, 2019 | 01:13

Tokyo's Nikkei 225 rose 0.2 per cent to 21,764.28 and Hong Kong's Hang Seng gained 1.3 per cent to 28,929.19. The S&P 500 posted 85 new 52-week highs and no new lows; the Nasdaq Composite recorded 88 new highs and 40 new lows. Trump also said he would allow US companies to sell some components to Chinese telecommunications giant Huawei , which last month was placed on an American blacklist as a national security threat.

by | July 03, 2019 | 14:00

Kenya's Safaricom named board member and former chief executive Michael Joseph as its interim CEO on Tuesday after the telecom firm's long-time head Bob Collymore died on Monday following a almost two-year battle with cancer. He leaves behind his wife Wambui Kamiru and four children from his first marriage. In recent years, he has fought off attempts by the telecoms regulator to break up the company into two, the financial services business and the telecoms business, due to its dominant ...

by | July 03, 2019 | 12:40

An index reading of above 50 indicates an overall increase in economic activity and below 50 indicates an overall decrease. It was a different story in Britain, where the PMI suggested the economy contracted 0.1% last quarter as firms anxious about Brexit and the slowing global economy.

by | July 03, 2019 | 12:38

Demand and profitability will remain the two main drivers to buoy Tesla shares in coming quarters, Ives told Reuters, signaling that Tesla's challenges are far from over. It is now shrinking again, to $1,875 through the rest of this year, before being eliminated entirely next year. Average predictions suggested Tesla would deliver 91,000 cars in the second three months of the year.

by | July 03, 2019 | 11:41

Lee Iacocca, who was admired for his bold and imaginative leadership qualities, extensively spoke on the significance of leadership on many occasions. Despite his success in raising profits for the company, Henry Ford II fired Iacocca due to personal feelings towards him. Chrysler and Iacocca settled their lawsuits in 1996.

by | July 03, 2019 | 10:43

It is evident that the FAA had put more faith in the brand name of Boeing and relied less on its own clearly set out responsibility check list. Still, "it was controversial because it was far less efficient than Boeing engineers just writing the code", Rabin said .

by | July 03, 2019 | 10:37

It was the first time in four months that the keenly-watched index has fallen below the neutral 50-mark dividing expansion from contraction on a monthly basis. Both sides raised tariffs on each others' goods and the White House threatened even more. An official business survey showed activity in China's services sector held firm in June despite growing pressure on the broader economy from US trade measures, with the official reading at 54.2 in June from 54.3 in May.