The government has raised the investment threshold to 250 million rupees, up from 100 million rupees, on which tax exemptions can be availed. In a strategic move, India eased tax pressures for a new genre of businesses and exempt them… Read More ›
Regulations & Legal
Brexit will most probably get delayed: Jose Barroso non-executive chairman at Goldman Sachs
Given the lack of clarity and the chaos surrounding Brexit, the likelihood that Britain will ask for an extension and EU’s acceptance of it, is high opined Jose Barroso non-executive chairman at Goldman Sachs who was also a former president… Read More ›
UK Job Vacancies Reach Record Levels, Employers Impacted As Wages Rise
There is an increasing fear of skill shortages with UK companies which was reflected by an significant rise in the number of job vacancies that are still not filled throughout Britain which has increased the bargaining power of workers to… Read More ›
Australian PM Says ‘State Actor’ Hackers Attacked Australian Political Parties
It was not long ago that hackers attempted to hack Australia’s parliament. The country’s Prime Minister Scott Morrison said that a “malicious intrusion” on the computer networks of the main political parties and parliament of the country was used for… Read More ›
Italy commences discussions over GACS scheme renewal
Although risk premiums for the GACS scheme are pricey for the Italian government, but given its size of 100 billion euros, the Italian government is likely to be hard pressed on ways to significantly trim it no matter how complicated… Read More ›
Volkswagen wins appeal against plaintiff over diesel car affected by emission cheating scandal
It is very likely that the plaintiff, supported by Germany vocal consumer body MyRight, will appeal the verdict in Germany’s highest court – the BGH. A ruling by the BGH will be binding on the rest of the cases under… Read More ›
London-based Euro Zone banks should be fully prepared for Brexit by March: ECB supervisory chief
Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
Tariffs on EU auto exports to the U.S. could result in EU reneging on its purchase commitments from the U.S.
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›
Brazil seeks $203.6 million in compensation for from EU for imposing tariffs on Brazilian steel
In the event the EU does not pay up, Brazil is likely to impose additional tariffs on hike up existing ones, including the one on powdered milk. Following the imposition of import tariffs by the European Union on Brazil, the… Read More ›
Warning Of Price Rise After Bexit For UK Consumers Issued By Porsche
Following the exit of the United Kingdom from the European Union, there would potentially be an increase in the price of its cars in Britain, warned Porsche. A clause that where in a buyer agrees to a potential tariff is… Read More ›
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