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Indian business leaders hail landmark tax reform ECONOMY

Indian business leaders hail landmark tax reform

Indian business leaders on Thursday hailed the passage of a landmark tax reform bill that paves the way for a new national sales tax and the creation of a common market ...

4:45 AM November 25 2016
India's landmark tax reform clears parliamentary hurdle INTERNATIONAL

India's landmark tax reform clears parliamentary hurdle

India's upper house of parliament backed a major tax reform that seeks to transform the country into a common market, though opposition benches urged Finance Minister Arun Jaitley not to overtax businesses and consumers.

4:45 AM November 25 2016
India parliament set to pass landmark tax reform INTERNATIONAL

India parliament set to pass landmark tax reform

Finance Minister Arun Jaitley said India was on the cusp of its biggest tax reform since independence ahead of a vote in parliament later Wednesday on a new national sales tax.

4:45 AM November 25 2016
Coup costs Turkey economy $100 billion: minister ASIA

Coup costs Turkey economy $100 billion: minister

The foiled coup attempt seeking to unseat the government of President Recep Tayyip Erdogan has cost the Turkish economy 300 billion lira ...

4:45 AM November 25 2016
Turkish tourist arrivals plummet 40% in June, biggest drop in 22 years ASIA

Turkish tourist arrivals plummet 40% in June, biggest drop in 22 years

The number of foreigners visiting Turkey plummeted more than 40% in June, official data showed on Thursday, marking the biggest drop in at least 22 years as tensions with Russia and a series of deadly bombings kept tourists away.

4:45 AM November 25 2016
Patriotic upsurge drives Turkish flag sales after failed coup ASIA

Patriotic upsurge drives Turkish flag sales after failed coup

Military coups are rarely good for business but at least one small sector of Turkey's economy has seen a roaring trade since a failed army revolt on July 15 - the nation's flag sellers.

4:45 AM November 25 2016
World economy ‘grim’ and G20 must step up to fix it, says China ECONOMY

World economy ‘grim’ and G20 must step up to fix it, says China

The global economic situation is grim and major economies must lead the way in tackling problems

4:45 AM November 25 2016
Iran sacks heads of four state banks over high pay ASIA

Iran sacks heads of four state banks over high pay

Iran has sacked the heads of four public banks after their exorbitant salaries sparked widespread criticism and an intervention by the Islamic republic's supreme leader ...

4:45 AM November 25 2016
LuxLeaks whistleblowers get suspended jail sentences ARABIA

LuxLeaks whistleblowers get suspended jail sentences

Two whistleblowers in the ‘LuxLeaks’ tax scandal were given suspended jail sentences on Wednesday for leaking thousands of documents that exposed Luxembourg's huge tax breaks ...

4:45 AM November 25 2016
India's central bank says bad loans still rising INTERNATIONAL

India's central bank says bad loans still rising

Bad loans held by Indian banks are still rising sharply, India's central bank said Tuesday, as it warned the country's lenders face "significant challenges".

4:45 AM November 25 2016
Britons already feeling pinch from Brexit INTERNATIONAL

Britons already feeling pinch from Brexit

Holidays abroad are already more expensive and supermarket food prices will rise -- Britons are feeling the pinch from Brexit, analysts say.

4:45 AM November 25 2016
UK economy plunges into unknown on Brexit ECONOMY

UK economy plunges into unknown on Brexit

Britain's economy was plunged into a dizzying unknown on Friday as the country lurched towards the EU exit, with the world economy bracing for a hit on growth and unemployment.

4:45 AM November 25 2016