Edward Johnson 
Chris Lim gazed across the water, perched at the hull of a small speedboat hurtling over choppy waves towards the only private island in the San Francisco bay. The stony cliffs of Red Rock Island loomed in the distance, encircled by seagulls, the noise of traffic on the nearby Richmond-San Rafael Bridge droning overhead. As … Read more
A majority of people in Britain want new taxes imposed on companies that make either junk food or ultra-processed foodstuffs to help tackle the obesity crisis, polling suggests. The findings prompted calls for ministers to help people eat healthier diets by putting a sugar tax-style levy on sweets, cereals, pizzas and other products containing too … Read more
DUBAI: Iranian President Masoud Pezeshkian on Sunday proposed former nuclear negotiator Abbas Araghchi as the country’s new foreign minister and also sought to appoint a woman as roads and housing minister. If approved, she would be Iran’s first female minister in more than a decade. Parliament Speaker Mohammad Bagher Qalibaf read out the list of … Read more
Since the 1970s, many minority business owners have been able to certify their businesses through organizations like the National Minority Supplier Development Council (NMSDC) or the Small Business Administration (SBA). Until last July, one group of business owners was noticeably absent from the sea of certification options – those of Mena (Middle East and north … Read more
Egypt will bid to host the 2036 and 2040 Summer Olympics, with the country’s improving infrastructure and sports facilities key for a successful African bid, said the head of the African national Olympic committees association (ANOCA) on Sunday. The continent has never staged an Olympic Games. Cairo last made an unsuccessful bid for the 2008 … Read more
A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months. On McDonald’s quarterly conference call … Read more
360 ONE Asset Management, which is at the centre of a controversy surrounding Sebi chief Madhabi Puri Buch in the Hindenburg report, on Sunday clarified that its offshore fund IPE-Plus Fund 1 never had any investment in shares of any Adani Group companies. “Throughout the fund’s tenure, IPE-Plus Fund 1 made zero investments in any … Read more
Back in the 1930s, the French government constructed what it thought was an impregnable defence system to prevent a repeat of the German invasion at the start of the first world war. The Maginot Line might have looked impressive but proved to be a white elephant because when the attack came in 1940 it was … Read more
Vigeland Sculpture Park, Oslo, Norway More than 200 works in granite, bronze and wrought iron by Gustav Vigeland, from avant garde installations to the vast Monolith. Free to enter and open every day, it’s a great spot for a picnic, with an adjoining museum if the weather is cold. Stay at the elegant Saga Hotel. … Read more
The 2024 Union Budget introduced pivotal changes to the capital gains tax structure, impacting investors in international and gold mutual funds, as well as equity Funds of Funds (FoFs). These changes include a reduced holding period and a revised long-term capital gains (LTCG) tax rate, while the short-term capital gains (STCG) tax rate remains unchanged. … Read more
