The government on Friday slashed the income tax rate for companies (corporate tax) by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs. Finance Minister Nirmala Sitharaman […]
Read MoreJoe Biden sought to demonstrate a broad appeal to Democrats on Thursday with new endorsements from leading African American lawmakers and a former governor of a pivotal swing state. The backing from Reps. G.K. Butterfield of North Carolina, Emanuel Cleaver of Missouri and Charlie Crist of Florida reflects Biden’s play both for the party establishment […]
Read MoreWashington: More than 500 people have been sickened in an outbreak of vaping-related illness in the United States, health authorities said Thursday, as Los Angeles became the latest city to take steps to ban flavored e-cigarettes. The known tally from the mysterious lung disease has jumped from 380 to 530, although the number of deaths […]
Read MoreHelsinki: The European Union’s Finnish presidency demanded on Thursday that Britain deliver a written new Brexit proposal by the end of September or face a messy “no-deal” divorce — an ultimatum immediately rejected by London. Britain is racing toward its October 31 departure without an exit agreement and facing the threat of border disruptions that […]
Read MoreOttawa: Canadian Prime Minister Justin Trudeau said Thursday it was “absolutely unacceptable” to have worn blackface makeup at parties decades ago, after damning images of him in costume dogged his re-election bid. “I recognize that it is something absolutely unacceptable to do,” Trudeau told a news conference in Winnipeg, Manitoba. Too many people, he said, […]
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