Save articles for later Add articles to your saved list and come back to them any time. The Australian Tax Office has denied pressuring the Tax Practitioners Board to call off an investigation into PwC breaches of confidential Treasury data, as Treasury officials were described as “sleeping at the wheel”. […]
Read moreInditex Q1 Profit Climbs; Q2-to-date Sales Rise; Sees Stable Margin In FY23
Inditex SA (IDEXF.PK), a Spanish clothing firm, on Wednesday reported that its first-quarter net income increased 54 percent to 1.2 billion euros from last year’s 760 million euros. The prior year results reflected a provision for expected expenses in the Russian Federation and Ukraine of 216 million euros. Profit before […]
Read moreUK Service Sector Maintains Strong Growth Momentum
The UK service sector continued to expand at a solid pace in May amid robust rises in output and new business despite mounting inflationary pressures fueled by higher wage costs, survey data from S&P Global revealed Monday. The final Chartered Institute of Procurement & Supply services Purchasing Managers’ Index dropped […]
Read moreSwiss Economy Rebounds In Q1
The Swiss economy rebounded at a faster-than-expected pace at the start of the year on robust domestic demand, government data showed on Tuesday. Gross domestic product grew 0.3 percent sequentially in the first quarter after stagnating in the fourth quarter of 2022, the State Secretariat for Economic Affairs, or SECO, […]
Read more‘One very big mistake’: Economist Ross Garnaut gives his verdict on Reserve Bank
Save articles for later Add articles to your saved list and come back to them any time. Economist Ross Garnaut says rising unemployment is a bigger concern than a recession and he has called for the Reserve Bank to pause its run of 11 interest rate rises in the past […]
Read moreThe US will pay a big price for its game of chicken
Save articles for later Add articles to your saved list and come back to them any time. The House Republicans gambled with the fate of the US financial system and economy, and potentially the global financial system and economy, for this? The in-principle deal that House speaker Kevin McCarthy agreed […]
Read moreThe three ways I’m going to cut my tax bill before June 30
Save articles for later Add articles to your saved list and come back to them any time. I didn’t make a fortune, but the unfortunate thing about selling shares at a decent profit – which I told you I had last week – is tax. The slice I currently owe […]
Read more$500 Guaranteed Monthly Stimulus Check From Cambridge: Applications Open June 1
A guaranteed income program will soon start accepting applications from the residents of Cambridge, Mass. Selected recipients will receive a guaranteed monthly stimulus check from Cambridge of $500 for 18 months. Applications for the program, Rise Up Cambridge, will open on June 1, 2023. Guaranteed Monthly Stimulus Check From Cambridge: […]
Read moreFed Minutes Point To Uncertainty About Interest Rate Outlook
The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates. The minutes revealed participants generally agreed that in light of the lagged effects of cumulative tightening in monetary policy and the potential effects on the economy of a […]
Read moreLondonMetric Property Posts FY Loss; To Acquire CT Property Trust For GBP 198.6 Mln
LondonMetric Property Plc (LMP.L) reported that its loss attributable to equity shareholders for the year ended 31 March 2023 was 506.3 million pounds or 51.8 pence per share compared to net income of 734.5 million pounds or 78.4 pence per share in the prior year. Loss before tax was 507.5 […]
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