BUSINESS

From the fog of contradictory economic data over recent months comes a sense of direction. Suddenly, there is no more talk of recession, even as business surveys show firms doing OK. Instead, the picture is clear and there is no doubt the…

GST on services by way of transportation of goods by aircraft / vessel is certainly on a roller-coaster ride these days. The story began in September 2022, when the GST exemption pertaining to goods transportation services witnessed a…

Germany is facing a growing backlash inside the EU over its U-turn on a law to phase out the combustion engine in new cars by 2035, despite signs of an end to the standoff with Brussels.The row comes amid growing concerns over France’s push…

A private island in Palm Beach could become the most-expensive home ever sold in Florida, if it gets its asking price of $218 million.Developer Todd Michael Glaser and his partners bought 10 Tarpon Isle — the only private island in Palm…

The chief executive of stricken Credit Suisse has said that he shares its employees’ “profound sadness and disappointment” after its emergency takeover by rival UBS earlier this week.UBS took over Credit Suisse on Sunday in a £2.65bn deal…

One person in the UK has died in a listeria outbreak, public health bodies have revealed, as they warned consumers not to eat Baronet semi-soft cheeses because of contamination discovered at exceptionally high levels in some products.An…

Rishi Sunak’s accountancy firm, a wealth management company that argued against removing non-domiciled status, has welcomed the government’s tax breaks for wealthy savers and promises to minimise clients’ capital gains tax.Evelyn Partners…

Customers browse in a used car lot on February 15, 2023 in Glendale, California.Mario Tama | Getty ImagesAll new vehicles become used cars and trucks once they're sold.It's an obvious statement, but one that needs to be laid out to explain…

As weed becomes legal in more states, how and if travelers can bring their stash on board remains up in the air.Twenty-one states and Washington, D.C., have legalized recreational use for adults 21 years and older, and 37 states and…

Five of the largest private care chains are taking £150m a year in taxpayers’ money for places in English elderly care homes rated inadequate or requiring improvement, including some that are “not safe”, the Guardian has estimated.The…