Economy

Rich should pay their share in taxes; Oh, they do

Companies which have ignored favorable tax method changes as benefits that would only result in a minimal interest play, as interest rates have been at historical lows recently, may now want to seriously reconsider these. Regressive tax :The opposite of a progressive tax , a regressive tax rate decreases as the amount increases . We asked people to what degree they agreed with this statement... [Full Article...]

Nintendo sold more Zelda games than Switch consoles in March

Nintendo Co shares jumped as much as four percent after the company said its new Switch console is off to a record-setting pace in the U.S. since its March 3 debut. The Nintendo Switch sold 906,000 SKUs in North America, while the remaining stock of their 2 million SKU supply was split between Japan, Europe and Australia. [Full Article...]

Interest rates boost Bank of America profits

However, the momentum has lost steam recently as investors scale back some of those expectations. It said net interest income lifted 5% to 11.1 billion USA dollars (£8.7 billion), driven in part by the United States interest rate rise, which has allowed lenders to charge more for their loans. [Full Article...]

Here's why I love Easter; what are your reasons?

Here's why I love Easter; what are your reasons? Jesus Christ continues to lead and guide the church He built. "They should feel welcome, so it's our job as a Christian body, for someone coming in for the first time, that that experience would be so powerful for them, that they would want to come back again", said Christian Life Church Elder Brian Scriven. [Full Article...]

Alaskan oil well leaking gas

BP and other groups were still working on a response plan for the leak on Sunday, according to the report . But the release of vented natural gas means that the well is still leaking methane, a potent greenhouse gas that traps heat 86 times more effectively than carbon dioxide over a 20-year period, into the atmosphere. [Full Article...]

Force India F1 team owner Vijay Mallya arrested in London

He said the loan extended to Mallya were under previous UPA regime and the present government has taken steps to recover the loans and "what happened today is part of that move". Is it also not true that CBI had registered a case against Mallya in 2015? The Enforcement Directorate in March and April 2016 issued a number of summons against Mallya to appear before it but he failed to do so. [Full Article...]

Fruity Pebbles owner Post Holdings to buy Weetabix

Fruity Pebbles owner Post Holdings to buy Weetabix Giles Turrell, Weetabix's current CEO, will assume the newly created role of Chairman of Weetabix with responsibility for overseeing the integration of Weetabix into the Post portfolio. The last available accounts show that Weetabix sales fell by 2pc to £346.4m while profits slumped by 13pc to £94.3m. The other bidders were Associated British Foods, Cereal Partners Worldwide and Italian pasta ... [Full Article...]

Google doodle pays tribute to Ghana's Aunty Ocloo

Google doodle pays tribute to Ghana's Aunty Ocloo In 1942, almost two decades before Ghana's independence, she secured a bank loan and formally established Nkulenu Industries in Accra, Ghana. Esther Afua Ocloo was the first Black person to get a cooking diploma from the Good Housekeeping Institute. [Full Article...]

Starbucks unveils new "Unicorn Frappuccino"; available April 19

Starbucks unveils new Of course, more questions remain. What does the drink actually look like? The drink debut comes weeks after Starbucks debuted its Cascara latte . More than a drink, Starbucks is branding the Unicorn Frappucino as an experience. How unhealthy is this drink going to be? Despite its lack of espresso, however, there is an element that may get your heart racing: According to a press releas... [Full Article...]

Trump administration says no US trading partners manipulate currency

The Treasury department, however, alleged that China has a long track record of engaging in persistent, large-scale, one-way foreign exchange intervention, doing so for roughly a decade to resist renminbi (RMB) appreciation even as its trade and current account surpluses soared. [Full Article...]

Roof construction delays Mercedes Benz Stadium opening

Roof construction delays Mercedes Benz Stadium opening Atlanta United's match previously scheduled for July 30 will now be played at Georgia Tech's Bobby Dodd Stadium on Saturday, July 29 at 5 p.m. Atlanta United's matches originally scheduled for August 13 and 19 will also be rescheduled to dates that have not yet been determined. [Full Article...]

Turkish police helicopter crashes in southeast

Turkish police helicopter crashes in southeast Twelve people were killed after a police helicopter crashed in Turkey's eastern province of Tunceli, the Interior Minister Suleyman Soylu confirmed in Ankara on Tuesday. Contact was lost with the Sikorsky S-70 Blackhawk-type helicopter at 11.50 a.m., Soylu told journalists. Turkish helicopter crashed in the province of Tunceli. [Full Article...]

China gears up to host summit on Silk Road initiative

China gears up to host summit on Silk Road initiative Wang said the upcoming forum will be the highest level worldwide forum to be held since the proposal of the initiative. Wang stressed the development quotient of the BRI: "The Belt and Road is for the objective of common development of all participants". [Full Article...]

So what that Alonso is racing the Indy 500?

His team-mate Stoffel Vandoorne did not even start the race after he, too, fell at the mercy of further woes with McLaren's Honda engine. McLaren is back in the Indianapolis 500 for the first time in 38 years with Alonso's entry, a Dallara DW12 chassis run by Andretti Autosport . [Full Article...]

Sebastian Vettel wins Bahrain Grand Prix ahead of Lewis Hamilton

Vettel now leads the title race with 68 points ahead of Hamilton on 61. "I believe before pit entry that was fine, but here, where he's not going quick, I believe that's why he got the penalty". Heading into this race, Vettel and Hamilton were level with a win each, but the latter's second victory of the season and 44th of his career puts him in command. [Full Article...]

North Korea vows to respond to U.S. aggression with 'nuclear attack'

North Korea vows to respond to U.S. aggression with 'nuclear attack' Mr Kim did not speak during the annual parade, which celebrates the 1912 birthday of his grandfather and North Korea's founder Kim Il-sung, as a nuclear-powered U.S. Worry about North Korea has led to a deterioration of ties between China and South Korea because China objects to the deployment of a U.S. Terminal High Altitude Area Defense (THAAD) anti-missile system in the South. [Full Article...]

Netflix to exceed 100 mn global subscribers over the weekend

Netflix to exceed 100 mn global subscribers over the weekend Netflix also signed a deal in the fall with luxury theater chain iPic Theaters to release films across iPic's roughly 16 theaters on the same day they premiere online. Analysts were expecting slower growth this quarter, after Netflix expanded to more than 130 new countries in the year-earlier period. Netflix says it plans to operate with about $2 billion in negative cash flow this year to ... [Full Article...]

UK leader seeks snap June 8 election to bolster Brexit hand

Under the 2011 Fixed Term Parliaments Act , at least two-thirds of the House of Commons must vote in favour of an election for one to be called - ahead of the due date which in this parliament was scheduled for 2020, the last election having taken place in 2015. [Full Article...]

Mallya pokes fun at 'Indian media hype' over his arrest

Downplaying the din surrounding his sensational arrest in London , Mallya who is on the run over money laundering charges, took a swipe at the Indian media. He was freed on a bail bond worth 6,50,000 pounds and will next appear at Westminster Magistrates' Court on May 17. Mallya fled the country on March 2 previous year after he was booked for financial misappropriation and defaulting loan from b... [Full Article...]

IIT circular asks girls to wear 'decent' clothes

IIT circular asks girls to wear 'decent' clothes The notice was first uploaded on the Facebook page of Pinjra Tod, an online campaign page against restrictions for female students living in hostels. The notice put up in the Himadari hostel on Sunday sparked a controversy, prompting the administration to withdraw it on Tuesday. [Full Article...]


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