India Considers Scrapping Wheat Import Tax to Cool Prices
India, the world’s second-biggest wheat producer, may abolish an import tax so that buying from overseas becomes more attractive, a move aimed at cooling domestic prices.
India, the world’s second-biggest wheat producer, may abolish an import tax so that buying from overseas becomes more attractive, a move aimed at cooling domestic prices.
After massive layoffs earlier this year, technology giants have found one more item to slash: marketing budgets.
Bank of England Chief Economist Huw Pill warned that a surge in food or natural gas prices could force policy makers to react if it shifted the outlook for UK inflation substantially.
Private equity giant KKR & Co. is poised to hand over embattled payments firm Unzer to a group of creditors, according to people familiar with the matter.
Apple Inc., Samsung Electronics Co. and HP Inc. are among the biggest names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned inbound shipments without a license.
Lithuania will revoke the residence permits of more than 1,000 Belarusian and Russian citizens that the Baltic nation’s authorities deem a security threat.
Ares Management is investing an extra $75 million in Inter Miami CF, the Major League Soccer club that’s riding high following the arrival of superstar Lionel Messi.
Jamaica’s progress through to the knockout stages of the FIFA Women’s World Cup is built on a strong defense, but just as important to their on pitch success are a GoFundMe page and the help of the Caribbean island’s most famous son — Bob Marley.
British banking app Revolut Ltd. will stop offering crypto trading services to US-based customers from September, citing market uncertainty and changes to the local regulatory landscape.
Fisker Inc. is lowering its electric vehicle production guidance for the year a second time, now targeting about half of what it had originally set out to make with manufacturing partner Magna International Inc.