Regulated train fares in England will rise below the rate of inflation next year to help people with the cost of living crisis, the government has said. Before the Covid pandemic, fares were raised in January each year, based on the retail prices index (RPI) measure of inflation from the previous July. The normal formula […]
Amazon could be off the hook for tax in the UK for at least two more years after benefiting from reliefs brought in by Rishi Sunak during the pandemic, a report suggests. The research from the Fair Tax Foundation indicates that the US tech company claimed more than £800m in capital allowances – business expenses […]
Article content Malaysia Airlines has signed a provisional agreement to acquire 20 Airbus A330neos to replace its aging fleet of A330 widebody jets in a deal that also involves aircraft leasing giant Avolon. The airline will buy 10 of the planes from Airbus and then execute a sale-and-leaseback deal with Avolon, with the other 10 […]
Article content BEIJING — China’s military said it carried out more exercises near Taiwan on Monday as a group of U.S. lawmakers visited the Chinese-claimed island and met President Tsai Ing-wen, in what Beijing said was an infringement of its sovereignty. The five U.S. lawmakers, led by Senator Ed Markey, arrived in Taipei on an […]
Breadcrumb Trail Links PMN Business Denmark’s economy grew faster than expected in the second quarter as a strong labor market helped the Nordic country avoid a recession. Author of the article: Bloomberg News Christian Wienberg Shoppers cast shadows as they walk through the Kobmagergade pedestrianized shopping street in Copenhagen, Denmark, on Thursday, Jan. 3, 2019. […]
Article content SYDNEY — Australia’s Prime Minister Anthony Albanese has sought legal advice following reports that his predecessor Scott Morrison was secretly appointed to key ministerial roles during the COVID-19 pandemic, duplicating some portfolios. Ministers are traditionally sworn in at a ceremony by the governor-general, but that did not happen in the case of the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Brijesh Patel Publishing date: Aug 15, 2022 • 12 minutes ago • 1 minute read • Join the conversation Article content Gold prices slipped on Monday as the dollar rebounded, with expectations of sharp interest rate hikes from the Federal Reserve further pressuring the yellow metal. […]