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autos

GM accused of ‘extortion’ over threat to tear down Detroit’s tallest skyscraper

General Motors is threatening to tear down Detroit’s tallest skyscraper currently housing the automaker’s headquarters if taxpayers don’t contribute $250m in subsidies for a renovation, a move that critics labeled “extortion” and has generated public outrage.The riverfront building, called the...

eepc india submits pre budget memorandum to msme ministry
Retail

EEPC India submits pre-budget memorandum to MSME Ministry

EEPC India, the apex engineering exports promotion body, has proposed introducing a 25% income tax slab for MSME manufacturing units that are partnerships, LLPs, or sole proprietorships.In its pre-Budget memorandum to the Ministry of Micro, Small and Medium Enterprises, EEPC...

rachel reeves signals wider reset of eu relations
finance

Rachel Reeves signals wider reset of EU relations

EPAThe UK government is considering a far more extensive "reset" of post-Brexit relations with the European Union (EU) after Chancellor Rachel Reeves met with European finance ministers to discuss the future.Labour has ruled out re-joining the trade bloc, but farm...

fund

Pound to Canadian Dollar Week Ahead Forecast: Cool It

PoundSterlingLIVE - The Bank of Canada, Ottawa. Image reproduced under CC licensing conditions to Canadian Dollar exchange rate () stormed higher last week and flipped the technical setup positive. However, the coming days require a pullback, with the Bank of...

ofwat paid consultants that also worked for water groups
finance

Ofwat paid consultants that also worked for water groups

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Water regulator Ofwat employed several consultancies at the same time they were advising water and sewerage companies, raising conflict of interest concerns....

demand for staff sinks to four year low in uk
Retail

Demand for staff sinks to four-year low in UK

Demand for staff in the UK was the weakest for four years in November as Budget tax increases have spread gloom over the pre-Christmas jobs market, according to a survey of UK recruiters. KPMG and the Recruitment and Employers Confederation,...

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