Wednesday, 27 Nov 2024

Business

Business News Today: Get all the Latest Business News, Economy News, International Business News on the news24x7world.com. Read Business News …

UK considers import taxes to combat ‘carbon leakage’ but wants global deal

Britain is exploring a radical new set of taxes on high pollution imports into the UK, the trade secretary has told Sky News. In an exclusive interview, Liz Truss said that the government is considering introducing a carbon border adjustment tax if efforts to get an international deal combating climate change and carbon pricing do […]

Brexit: M&S warns of political ‘running sore’ in Northern Ireland over sausage wars

Marks & Spencer’s chairman Archie Norman has warned of a political “running sore of symbolic proportions” if UK chilled products are banned in Northern Ireland. Mr Norman also said consumers in Northern Ireland faced higher prices and empty shelves as a result of the “pointless and byzantine” way post-Brexit rules are being enforced. The retail […]

Disney is chipping away at Netflix’s dominance.

The cracks are showing in Netflix’s worldwide dominance. Netflix is still king of streaming video, but audiences are slowly shifting toward new rivals, namely the Walt Disney Company’s Disney+, according to research from Parrot Analytics. Netflix’s share of worldwide demand interest — a measure of the popularity of its shows created by Parrot and a […]

Richard Prebble: Politicians should never meet with organised crime

OPINION: Why has Prime Minister Jacinda Ardern personally signed off giving $2.75 million to a Mongrel Mob sponsored rehab programme? Why did minister and co-leader of the Greens, Marama Davidson, visit the Mob? Why are the Māori Party MPs opposing firearm prohibition orders against gang members when Māori are the most frequent victims of gang […]

Recent Commercial Real Estate Transactions

Recent Sale $1.04 MILLION 2307 Avenue D (between East 23rd Street and Bedford Avenue) Brooklyn Built in 1931, this 8,600-square-foot, four-story building in Flatbush has six three-bedroom apartments and a vacant ground floor classified as a day-care space. All the apartments are rent-stabilized, and one is vacant. Buyer: 2307 Avenue D Seller: Service family Broker: […]

Australia's central bank may reverse policy taper decision – economists

SYDNEY (Reuters) – Australia’s central bank will likely reverse its decision to taper its bond buying programme if Sydney remains in a coronavirus lockdown when the board meets on Aug.3, economists at the country’s top banks said on Tuesday.FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia (RBA) head office […]

As stablecoins explode in popularity, regulators prepare a response.

Top U.S. financial regulators met on Monday to discuss stablecoins, asset-backed digital currencies that are exploding in popularity so quickly that the government is struggling to keep up — and which economic officials increasingly see as a risk to financial stability. Stablecoins are cryptocurrencies that derive their value from an underlying currency or basket of […]

Home loan interest rate jump could see $10k annual increase in payments

Recent home loan borrowers in the country’s largest city should brace themselves for a potential $10k rise in their annual payments if mortgage rates rise as many are predicting. Last week the four major trading banks – ASB, ANZ, BNZ and Westpac all increased their home loan rates in the wake of a spike in […]