Edward Johnson 
The Treasury has sought to defuse a bitter row with the North Sea oil and gas industry by promising to keep investment reliefs on low-carbon projects, aiming to protect jobs and soften the expansion of the energy windfall tax. The chancellor, Rachel Reeves, said last month that she would expand the levy on energy industry … Read more
DENVER (KDVR) — Tipping: A tradition used by customers to applaud good service in the food industry has turned into a regular request that pops up on seemingly every touch screen and receipt at check out. Peter Sherman with one local bagel shop called it “tipping fatigue” where customers are simply tired of paying more … Read more
New Delhi: India’s merchandise exports growth may slow 4.2% on-year at $111.7 billion in the second quarter of FY25, down from 5.8% in the June quarter, the Export-Import Bank of India (Exim Bank) said Monday. Merchandise exports were $109.9 billion in April-June. “Positive growth in India’s exports could be as a result of India’s continued … Read more
Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Blink Fitness, a budget-friendly gym chain owned by luxury fitness company Equinox Group, has filed for Chapter 11 bankruptcy. The low-cost fitness brand, with more than 100 centers in the U.S., is the latest chain to seek bankruptcy post-pandemic, … Read more
Boris Johnson has reportedly been courted for an executive role with the Daily Telegraph by a potential bidder for the newspaper group. The former Conservative prime minister is said to have been sounded out by his former chancellor Nadhim Zahawi, who has approached a number of wealthy backers about assembling a potential bid for the … Read more
India’s net direct tax collection grew 22.48 per cent to about Rs 6.93 lakh crore as of August 11 this fiscal, government said on Monday. The net direct tax collection includes personal income tax collection of Rs 4.47 lakh crore and corporate tax collection of Rs 2.22 lakh crore. Securities Transaction Tax (STT) mopped up … Read more
A customer enters a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan | Getty Images Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers … Read more
Shining bright among the hulking grey towers and tangled, dust-dulled pipes, at the mouth of a fjord two hours south-west of Oslo, stands a slim metal tube that may soon be hailed as a milestone in the energy transition. The 100 metre-tall structure was erected in August with millimetre precision to trap carbon dioxide that … Read more
State-owned Rail Vikas Nigam (RVNL) shares surged 10% to Rs 569.6 on Monday’s BSE trading, recovering from an 8.4% drop following its Q1 results reported last Thursday. RVNL reported its June quarter earnings on Thursday during market hours. Following the results, the stock fell 8.4% over two days. The company posted a 35% decline in … Read more
Councils and public bodies in England are poised to be handed powers to enable them to buy greenbelt land without overpaying as part of the government’s drive to build 1.5m homes by 2030. Greenbelt landowners who are unwilling to sell would face compulsory purchase orders (CPOs) that would force them to hand over their land … Read more
