Economy 20
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
14 Feb 10:03 • 5 articles
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
14 Feb 10:03 • Breitbart • 3148363491523266803.htmlGerman economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
14 Feb 16:13 • euronews • 7318238121779500300.htmlGerman economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
14 Feb 10:40 • THE OKLAHOMAN • 7193318761750790214.htmlGerman economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
14 Feb 11:14 • Business-Standard • 1502508925271203691.htmlGerman economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
14 Feb 09:03 • 680News • 8014034334970228352.htmlPolitico: Zuckerberg accepts Facebook may pay more tax in different places
14 Feb 11:12 • 5 articles
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
14 Feb 11:12 • Malaymail • 302165936386520133.htmlZuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
14 Feb 09:28 • Financial Post • 2379081492668328044.htmlEurope wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
14 Feb 16:32 • Reuters • 8334514181046617410.htmlZuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
14 Feb 11:44 • VentureBeat • 6273363635543109099.htmlZuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
14 Feb 14:44 • Reuters • 8334514181032911934.htmlCBDT notifies forms for firms to avail lower corporate taxes
14 Feb 16:46 • 4 articles
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
14 Feb 16:46 • Deccan Herald • 2027555797649202772.htmlCBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
14 Feb 11:08 • Business-Standard • 1502508926152713879.htmlCBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
14 Feb 11:24 • The Economic Times • 7653256037785698278.htmlI-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
14 Feb 14:22 • Business Today • 1145527431027004573.htmlThe DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses
14 Feb 15:36 • 3 articles
The DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses
National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.
14 Feb 15:36 • Yahoo • 7097669637171573730.htmlThe DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses
National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.
14 Feb 15:36 • Business Insider • 6060062401070319357.htmlThe DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses, Business Insider - Business Insider Singapore
Business Insider - National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.. Read more at businessinsider.sg
14 Feb 15:36 • www.businessinsider.sg • 5090408757301561085.htmlCannTrust names new CEO as it works to restore licences lost from non-compliance
14 Feb 14:46 • 3 articles
CannTrust names new CEO as it works to restore licences lost from non-compliance
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
14 Feb 14:46 • CTVNews • 2422791597720648560.htmlCannTrust names new CEO
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
14 Feb 10:07 • Castanet • 616068602908030238.htmlCannTrust names new CEO as it works to restore licences lost from non-compliance
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
14 Feb 14:00 • KitchenerToday.com • 52741010434006323.htmlThe PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
14 Feb 12:52 • 3 articles
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
PlayStation insiders said exactly where the company prices the PS5 will depend on where rival Microsoft prices its next-generation Xbox.
14 Feb 12:52 • Business Insider Nederland • 7680839746936059001.htmlThe PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
PlayStation insiders said exactly where the company prices the PS5 will depend on where rival Microsoft prices its next-generation Xbox.
14 Feb 11:49 • Business Insider • 6060062399599424633.htmlThe PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
Sony is struggling with growing manufacturing costs driving up the cost of its next-generation console the PlayStation 5,Bloomberg reports.
14 Feb 11:49 • Business Insider Australia • 5575934300174627961.htmlRoyal Bank of Scotland to be renamed after 293 years
14 Feb 12:22 • 3 articles
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
14 Feb 12:22 • Express & Star • 7324224459688954901.htmlRoyal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
14 Feb 12:18 • Shropshire Star • 3480199992142777365.htmlRoyal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
14 Feb 12:19 • Jersey Evening Post • 6141642774224358421.htmlCanadian home sales up 11.5% compared with 2019: CREA
14 Feb 16:41 • 3 articles
Canadian home sales up 11.5% compared with 2019: CREA
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
14 Feb 16:41 • BNN • 3833521688776341681.htmlHome sales see big jump
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
14 Feb 10:11 • Castanet • 616068602265314877.htmlCREA reports home sales up 11.5 per cent compared with a year earlier
OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
14 Feb 16:23 • KitchenerToday.com • 52741010011085568.htmlTennessee Republicans worry women will go on tampon-buying frenzy
14 Feb 11:00 • 2 articles
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushbackWomen can’t be trusted around tax-free tampons. If you cut the price of menstrual products they’re bound to go tampon-mad and buy boxes of the stuff, just
14 Feb 11:00 • Yahoo • 7097669638354469253.htmlTennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushback
14 Feb 11:00 • the Guardian • 1491978796052599671.htmlCoronavirus-hit Hong Kong says 'I love you' with face masks, not flowers
14 Feb 16:15 • 2 articles
Coronavirus-hit Hong Kong says 'I love you' with face masks, not flowers
Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking ...
14 Feb 16:15 • CNA • 5644198863534815829.htmlVirus-hit Hong Kong says it with face masks, not flowers
A manager at another store, who gave her name as Joyce, said her shop has had to reduce what they buy as customer interest wilts.
14 Feb 13:21 • Saudi Gazette • 6913978435860343418.htmlRenault sales and earnings drop in tough market
14 Feb 10:57 • 2 articles
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
14 Feb 10:57 • CTVNews • 2422791599060439339.htmlRenault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
14 Feb 09:35 • THE OKLAHOMAN • 7193318762367312908.htmlBoeing to extend labor contract with engineer's union by four years
14 Feb 17:11 • 2 articles
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
14 Feb 17:11 • CNA • 5644198863977884243.htmlBoeing to extend labor contract with engineer's union by four years
(Reuters) - U.S. planemaker Boeing Co (BA.N) said it has agreed to a tentative deal with its engineers’ union to extend its labor contract by another four years.
14 Feb 09:32 • Reuters • 8334514181267094856.htmlEurope Seeks To Have G20 Tackle Tech Firm Taxation
14 Feb 17:28 • 2 articles
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
14 Feb 17:28 • PYMNTS.com • 7357138826669454058.htmlEurope wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
14 Feb 13:27 • The Globe and Mail • 68426409811236450.html4 data center spending trends you need to know
14 Feb 12:00 • 2 articles
4 data center spending trends you need to know
Data center spending is likely to be feast or famine as enterprises pull back and hyperscale cloud providers build out infrastructure only to hit pause and digest.
14 Feb 12:00 • ZDNet • 591556593111339972.htmlFour data center spending trends you need to know
Data center spending is likely to be feast or famine as enterprises pull back and hyperscale cloud providers build out infrastructure only to hit pause and digest.
14 Feb 12:00 • ZDNet • 591556592031121635.htmlIOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
14 Feb 13:14 • 2 articles
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
14 Feb 13:14 • Business-Standard • 1502508926276342165.htmlIndian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
14 Feb 15:12 • BusinessLine • 5283600085046064.htmlProfits at River Island’s Irish arm rise 53%
14 Feb 17:16 • 2 articles
Profits at River Island’s Irish arm rise 53%
Revenue declines by 15%
14 Feb 17:16 • The Irish Times • 8204772968447667729.htmlRiver Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
14 Feb 17:15 • Irishexaminer • 8196011179383157054.htmlExports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
14 Feb 13:14 • 2 articles
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
14 Feb 13:14 • The Economic Times • 7653256036693360607.htmlExports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
14 Feb 13:02 • Business-Standard • 1502508925334738578.htmlAldi is about to increase the price of its bag for life up to 15p
14 Feb 14:28 • 2 articles
Aldi is about to increase the price of its bag for life up to 15p
Stores will also scrap single-use produce bags
14 Feb 14:28 • Wales Online • 7686550515988308907.htmlAldi is about to increase the price of its bag for life up to 15p
Stores in the Midlands will also scrap single-use produce bags
14 Feb 11:55 • NottinghamshireLive • 5149776701853643484.htmlIndia’s pulses import may fall 60% next fiscal: IPGA
14 Feb 11:56 • 2 articles
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
14 Feb 11:56 • The Hindu • 6679535025461238823.htmlPulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
14 Feb 11:34 • Business-Standard • 1502508926301663553.html10 things you need to know before the opening bell
14 Feb 11:58 • 2 articles
10 things you need to know before the opening bell
This is what traders are talking about.
14 Feb 11:58 • Business Insider • 6060062399878003339.html10 things you need to know before the opening bell
This is what traders are talking about.
14 Feb 13:00 • Business Insider Nederland • 7680839747214637707.html