News Reality

Budjet 2017: Dalata: Time to make 9% Vat rate permanent


From the perspective of the hotel industry, I am pleased that the 9% Vat rate has been retained. I have said on many occasions that I believe this should be made a permanent rate.

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The minimum monthly wage is set at BGN 460 in the draft budget of the government for 2017. Pension installments will increase by 1%, while the retirement age, the length of service for workers in the
Samsung is to issue a new battery software update to all Galaxy Note 7s which will limit the maximum battery charge to 60%.
Geoff ZiezulewiczMOSCOW, Oct. 26 (UPI) -- Russia's A-100LL flying laboratory long-range radar detection and control aircraft has made its maiden flight, Russian media reported Wednesday.
MOSCOW – A group of Ukrainian hackers has released thousands of emails from an account used by a senior Kremlin official that appear to show close financial and political ties between Moscow and
Representatives from the International Committee of the Red Cross (ICRC) mission were again denied access to the captives despite the agreements reached at Normandy Four talks in Berlin, Ukrainian Pre
LONDON - The London Stock Exchange index closed on Wednesday at 6,958.09, down 59.55 points.
Geoff ZiezulewiczSTOCKHOLM, Sweden, Oct. 26 (UPI) -- BAE Systems has signed a contract with Denmark to provide battle management radios in the country's fleet of 44 CV9035 Infantry Fighting Vehicles.
The women's business networking group Network 2000 has changed its name to Executive Alliance and added the tagline "A Catalyst for Women Leaders in Maryland." Network 2000 was established in 1993
The Museum of Modern Art has acquired the original set of 176 emoji that were designed by Shigetaka Kurita.
Apple’s stock dropped after the company reported that its iPhone sales fell 5 percent from a year earlier.
Donald Trump adviser Rudy Giuliani said on Wednesday that he was able to be tough on black criminals because he had no “racial guilt,” and he asserted that it was improper to ever call any
Apple shares fell Wednesday as the company’s outlook for the holiday quarter didn’t satisfy investors’s heightened expectations.
Margaret MengeDENVER, Oct. 26 (UPI) -- Anheuser-Busch announced Wednesday that it has, together with technology company Otto, completed the first successful beer delivery using a self-driving truck.
A 20-year-old student at the University of Wisconsin who “dozens of women” accuse of sexual assault was arrested last week and is facing 30 charges — including felony sexual assault,
‘Dubai Week In China’ event to start on Thursday in Shanghai, is the second event of its kind in China
Dr Reddy's Laboratories today said it has entered into a collaboration with Gland Pharma to market and distribute a diverse portfolio of eight injectable Abbreviated New Drug Applications (ANDAs) in t
Aggregate sales growth of the listed private companies slowed down to 0.1 per cent in the first quarter of 2016-17 year-on-year, RBI data showed today. Expenditure, at the aggregate level, also c
The BJP's Tamil Nadu unit today said it has been informed by the Centre that the city-based Central Institute of Plastics Engineering and Technology (CIPET) will not be shifted to Delhi but will be ex
Delhi Police in a joint operation with their Bihar counterparts have rescued two brothers, residents of the national capital who were abducted last week from Patna, police said today. The two brother
State Bank of Travancore (SBT), an associate of SBI, today posted a loss of Rs 587.68 crore for the second quarter ended September 30 as bad loans surged almost three times. The bank had posted a net
Punjab Chief Minister Parkash Singh Badal today said his party Shiromani Akali Dal (SAD) is completely against the use of drugs and money in the polls. His remark comes a day after the Election Commi
State-owned Union Bank of India today said it proposes to raise Rs 2900 crore through bonds in the next five months. The board approved to raise up to Rs 2900 crore of debt capital by March 31, 2017
Multi Commodity Exchange of India (MCX) today said that the company's Chief Regulatory Officer Krishnan Vishwanathan has resigned. In a filing to the BSE, MCX informed that "Mr Krishnan Vishwanathan
Cable television colossus Comcast Corp. gained customers in the third quarter, bucking industry trends, and its broadcast of the Rio Summer Olympics hauled in $1.6 billion in revenue. Comcast anno
Group has an aggregate subscriber base of 162m in third quarter
Editorial: Premiums are rising but about 85 percent of the people who sign up on health exchange insulated from hike.              
Telecom operator Bharti Airtel today said that it will approach government and telecom regulator Trai to clear the "confusion" that led to proposed penalty of over Rs 1000 crore on it for not providin
India and New Zealand today decided to further strengthen the bilateral defence and security ties, especially in the maritime domain. Prime Minister Narendra Modi and his visiting Kiwi counterpart Jo
Depressed by the crash in the market rate of onions, a farmer allegedly committed suicide today by consuming poison at a village in Bagalkot district, police said. According to police, 55-year-old Ti
Markets regulator Sebi has begun looking into the high profile Tata-Mistry case for any possible breach of corporate governance norms and listing regulations at various listed companies of the over U
NEW YORK (Reuters) - Barclays Plc and UBS AG have agreed to settle U.S. litigation by bondholders who accused the banks of conspiring with rivals to rig the Libor benchmark interest rate, lawyers fo
Brookhaven police are investigating a suspected homicide after a body was found in a vehicle Wednesday morning.              
LONDON (Reuters) - Banks in the European Union will get more time to adjust to new rules aimed at making sure that banks hold enough of a capital cushion against risky lending on their trading books,
TORONTO - The Toronto Stock Exchange and Canadian dollar are slightly lower this morning. The S&P/TSX composite index dropped 15.99 points at 14,854.64 after two hours of trading. The Canadian dolla

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2017's top travel destination is ...

Lonely Planet put the USA's northern neighbor atop its list of must-visit countries, followed by Colombia and Finland.        
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A New Class of Power Investors Makes Its Home in New York

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FTSE CLOSE: Footsie finishes in the red as oil price drops to $50

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Popular Finance

BRIEF-Oasis Crescent Property says HEPS for 6-mnths to Sept.30 at 50.3 cents

* Reviewed condensed interim results for the six months ended Sept. 30 2016
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(LON) Tunstall's secondary loan pricing falls

LONDON, Oct 26 (Reuters) - The price of UK healthcare provider Tunstall's leveraged loans have fallen in the secondary market due to concerns about the company's performance, banking sources said on W
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BoE's Woods says no let up in bank regulation due to Brexit

LONDON, Oct 26 (Reuters) - Banks in Britain will not face a new wave of rules and nor will there be a respite from implementing those already agreed in the wake of Britain's vote to leave the European
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BRIEF-UBS Group now owns 5.42 pct of CGG's capital and 5.27 pct of its voting rights-AMF

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Senior M&A lawyer Myerson to set up boutique advisory firm

Oct 26 (Reuters) - Toby Myerson, a long-time senior M&A partner at Paul, Weiss who represented Citigroup on more than $35 billion in deals, is leaving the law firm to set up his own advisory shop.
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UPDATE 1-BoE's Woods says no let up in bank regulation due to Brexit

LONDON, Oct 26 (Reuters) - Banks in Britain won't face a new wave of rules, nor will there be a respite from implementing the revolution already agreed, the country's top banking regulator said on Wed
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U.S securities regulator offers 'universal' proxy card rules

BOSTON, Oct 26 (Reuters) - The top U.S. securities regulator on Wednesday outlined rule proposals to allow so-called 'universal' proxy cards for investors to use in contested corporate elections.
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UPDATE 3-Santander Brasil sees rates falling in race for new customers

SAO PAULO, Oct 26 (Reuters) - Appetite for growth will lead Brazilian lenders to pass on lower borrowing costs to customers as the central bank cuts interest rates in coming months, Banco Santander Br
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Panama to join international tax convention on Thursday -OECD

PARIS, Oct 26 (Reuters) - Panama will take a big step towards ending its status as an offshore tax haven on Thursday by signing a multilateral convention to share foreign taxpayer details with other g
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