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...The president has also repeatedly emphasised the importance of the “real economy” in contrast to finance and tech, as part of a campaign for “high-quality development”....
...Zeng declined to elaborate on a similar deal CATL has struck with Tesla to help the EV maker expand battery production in Nevada. “We don’t say licensing,” he said....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...Indeed, if we splice out the closest proxy to this element in the University of Michigan’s Indicator of Consumer Sentiment — households’ view of their finances, relative to the year before — it hardly paints...
...These divides mean the strong headline economic numbers mask large differences in the lived experiences of households and businesses across the country....
...One initiative encourages households to invest their savings by expanding the investment limits and scope of Japan’s tax-free savings accounts....
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
...Households remain uncertain of the overall direction of travel, although some retailers have announced larger than expected profits spurred by the outlook for UK consumer confidence....
...Hunt introduced £20bn of tax rises in the 2023-24 fiscal year, including freezing personal tax thresholds and higher corporation tax, the think-tank said....
...That compares with the median US household income of $74,580, Yet the focus on the sticker price may not be the best way to understand the affordability crisis....
...Despite wages increasing during this period, the rate of price rises has put fierce pressure on household finances....
...The government believes as much as €11bn — nearly half of this year’s projected €24.5bn corporation tax haul — amounts to a “windfall” of exceptional profits paid by a small number of firms....
...Davie’s speech comes as the broadcaster contends with huge financial challenges as a result of a government-imposed two-year freeze in the licence fee, which is payable by all households who watch live TV...
...But his legal challenges pose a threat to his general election campaign’s finances....
...But there is some good news for Biden: a growing number of voters think large corporations are taking advantage of inflation to charge more, up to 63 per cent in March from 58 per cent in February and 54...
...“We believe that 25 per cent rate strikes the correct balance between the needs of our public finances and the demands of a competitive global economy.”...
...According to the finance ministry, corporation tax receipts for November — typically a bumper month — were €6.3bn, a 27 per cent or €1.3bn rise compared with the same month last year....
...But finance minister Michael McGrath cautioned that “while corporation tax is now 4 per cent ahead of 2022, it is clear that the era of persistent over-performances is coming to an end”....
...Organisers of the Burning Man festival have announced an “exodus” of thousands of attendees stranded in the Nevada desert after torrential rains transformed an event that has become a magnet for technology...
...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...Foodstuffs and skincare potions benefit from economies of scale (think big vats of chemicals brewing away)....
...UK mortgages in arrears hit a seven-year high in the final quarter of 2023, according to official data that underlines the impact of high borrowing costs on households....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
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