News Reality

Economic Scene: What Donald Trump’s Big Tax Break Might Buy

If the taxes had been paid instead, what the presidential candidate saved could have greatly benefited his fellow Americans.
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A new EU corporate tax proposal could fundamentally change how multinationals pay their tax bills in Ireland.
The decision by a Canadian firm to buy Ireland’s only refinery at Whitegate in Cork Harbour ensures security of supply and contributes to the country’s economic growth, Environment Ministe
Dunnes Stores has overtaken Tesco as the second largest player in the Irish grocery market, new figures show.
Revenues at the group that operates two five-star hotels in Co Kerry last year soared by 27% to €17m.
Dublin’s Gate Theatre made a loss last year, which cut into its accumulated profits, newly-filed accounts reveal.
A seven-judge Supreme Court is hearing the Motor Insurers’ Bureau of Ireland’s appeal against decisions that it is potentially liable for claims brought against collapsed insurer Setanta.
Iraq threw an obstacle in Opec’s path toward a final deal to stabilise oil markets when it balked at joining efforts to trim output to prop up crude prices.
There are some signs that bond markets are beginning to sense that the free ride from central bankers is coming to an end, with a noticeable upward move in yields of late.
Microsoft plans to increase prices for some enterprise services by up to 22% in Britain following the plunge in the pound, likely hitting thousands of companies and government departments who rely on
GlaxoSmithKline (GSK) has filed its shingles vaccine Shingrix for US regulatory approval, the drugmaker said yesterday, bringing the potential $1bn (€918m)-a-year seller a step closer to market.
Caterpillar is the best- performing US industrial stock this year on bets its cost-cutting efforts will reap rewards as demand recovers. The problem is, demand is not recovering.
European Parliament President Martin Schulz told German radio on Tuesday that he did not expect a free trade deal between the European Union and Cana
About 17 million adults and more than 850,000 adolescents had some problems with alcohol in the United States in 2012. Long-term alcohol misuse could harm your liver, stomach, cardiovascular system an
THE Municipal Government of E.B. Magalona in Negros Occidental is stepping up its effort to further boost the town’s blue crab industry, its top official said. Mayor Marvin Malacon said Monday that th
London's leading shares edge higher on Tuesday, led by a strong performance from mining stocks.
Four Ukrainian soldiers were wounded in the zone of the Anti-Terrorist Operation in Donbas overnight, Ukrainian TSN news service has reported, citing its own sources. Read more The post UNIAN: Night s
Pakistan Army today violated the ceasefire by targeting Indian Army positions with mortar and small arms fire in Noushera sector of Rajouri district, prompting the army to give a "befitting response".
Kapas prices strengthened by Rs 14.50 to Rs 904.50 per 20 kilo in futures trading as traders indulged in widening their bets in tandem with firm physical markets on tight supplies. Marketmen said exp
About 26 sector magistrates deputed to revise voter list were found absent from their duty during a surprise check. District election officer D K Singh said that one-day salary will be deducted of th
To an outside observer, the gathering of medical professionals in Edinburgh, Scotland in November 1847 looked suspicious. Some physicians were slumped unconscious in their seats. Others staggered arou
Ukrainian President Petro Poroshenko has appointed Ukrainian Ambassador to Belgium Mykola Tochytsky as ambassador with concurrent accreditation to Luxembourg. This is stipulated in presidential order
Shares of Adani Transmission Ltd today fell by 5 per cent after the company reported nearly 39 per cent drop in consolidated net profit for the quarter ended September 30. The scrip dropped 4.55
Road and inland water communication in Assam is set to improve in the wake of the Centre deciding to invest nearly Rs 1 lakh crore to improve connectivity.Union Minister for Road Transport, Highways a
 Chinese officials have refuted the speculation that the government was planning to raise personal income tax on earnings of more than USD 18,400 a year, after netizens responded "furiously"
Defence Minister Manohar Parrikar today made it clear that donation to the Army was "voluntary" and he does not appreciate "holding of someone's neck", amid a row over the MNS diktat asking film produ
The deep depression in the Bay of Bengal today further intensified into cyclonic storm 'Kyant', the India Meteorological Department today said. "The deep depression over east central Bay of Bengal mo
The draft anti-trafficking bill being prepared by the Women and Child Development Ministry has been sent to the Cabinet for its approval, a senior ministry official said. The draft Trafficking of Per
Dr Reddy's Laboratories today reported a decline of 60.12 per cent in consolidated net profit for the September quarter at Rs 30.89 crore, mainly because of drop in sales in Venezuela and North Americ
NEW YORK (AP) — Event planner Beth Bernstein decided she had had enough with Donald Trump after his 2005 hot-mic boasts about groping women came to light earlier this month. She removed photos of wed
The stunning boardroom coup, announced late on Monday, sent shares in some of Tata's major listed entities lower on Tuesday, despite the company's attempt to calm the waters by bringing a well-known
Shares of Adani Enterprises (AEL) today plummeted by over 6 per cent after the company reported a steep 79 per cent drop in consolidated net profit for the quarter ended September 2016. The stock
Cottonseed oilcake prices recovered by Rs 14 to Rs 1,927 per quintal in futures trading today after speculators enlarged their positions at existing levels, tracking a firm trend at the physical marke

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Democracy or dysfunction?

The BBC's Chris Morris looks at how failure to sign an EU trade deal with Canada over Belgium's regional objections could affect EU policy-making decisions.
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UNIAN: Aide to Polish legislator caught smuggling cigarettes, amber

An aide to the deputy of the Polish Sejm attempted to smuggle across the border checkpoint Krakivets 2,430 packs of cigarettes with Ukrainian excise stamps and 11.8 kg of raw amber, according to the S
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Bloomberg: No holdups this time for Ukrainian minister eyeing next IMF cash

Ukraine’s finance minister foresees no delays in receiving the next slice of aid from a $17.5 billion bailout, predicting the government can smooth out differences with the International Monetary Fund
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At least 12 killed in northern Kenya attack near Somalia

Gunmen from an extremist group killed 12 people in an attack targeting non-Muslims in Kenya's northern Mandera County, near the Somali border, an off
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Australian theme park accident kills 4

Four people were killed in an accident at a theme park on Australia's east coast on Tuesday, officials said.
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59 killed, 117 wounded after gunmen attack Pakistani police training centre

A Pakistani police official says the death toll from a brazen overnight militant attack on a police training centre in the southwestern city of Quett
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Finnish president arrives in Tehran

Tehran, Oct 25, IRNA – The President of Finland Sauli Niinistö heading a politico-economic delegation arrived in Tehran on Tuesday morning.
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Spokesman: Zarif says prestigious Chatham House prize belongs to Iranian nation

Tehran, Oct 25, IRNA – Foreign Ministry spokesman Bahram Qasemi said Foreign Minister Mohammad Javad Zarif believes the prestigious Chatham House Prize 2016 indeed belonged to the resistant nation o
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France urges removal of sanctions against Iran

Tehran, Oct 25, IRNA – As part of the nuclear deal with Iran, sanctions against the Islamic Republic should be lifted, says Louis Gautier Secretary General for France's Defense and National Secur
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Popular Finance

Differences between newly approved gun laws and Proposition 63 have sparked division among gun control supporters

Californians weighing how to vote on the gun controls in Proposition 63 may find themselves experiencing déjà vu. Some key issues addressed in the initiative by Lt. Gov. Gavin Newsom, including ba
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With election out of way, real fretting can begin: James Saft

Not since the trial of O.J. Simpson has America had a news story that transfixed people more and affected financial markets less.
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Wealth manager St James's Place in asset boost after Brexit vote

LONDON (Reuters) - Wealth manager St James's Place said third quarter assets rose 8.9 percent, buoyed by market gains and strong demand for its personal investment advice in the wake of Britain's...
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India, EFTA to resume FTA talks this week in Geneva

A team of officials from the commerce ministry is visiting Geneva to resume talks, an official said.
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Russian, Chinese, French companies keen to join S.Pars projects: Oil official

Tehran, Oct 25, IRNA – Deputy minister of petroleum announced that French, Chinese and Russian companies have made request from Iran for cooperating in development project of the phase 11 of the Sout
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REFILE-UPDATE 1-Hong Kong jury sees British banker's torture video in murder trial

HONG KONG, Oct 25 (Reuters) - The jury in the trial of a British investment banker accused of murdering two Indonesian women in his Hong Kong apartment on Tuesday watched a horrific video that he film
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BRIEF-Bank Zenit announces changes in shareholding structure

* Says Silener Management Limited divests its 8.52 percent stake in the company
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BRIEF-Ohmangruppen, Nordic Capital offer SEK 37/shr for Swedish online brokerage NordNet

* Ohmangruppen and Nordic Capital (NNB Intressenter) Fund offers SEK 37/share for online banker and brokerage Nordnet, which values NordNet to SEK 6,476 mln ($726.91 million)
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CORRECTED-Intu to sell stake in London mall at slim post-Brexit premium

Oct 25 (Reuters) - Intu Properties has agreed to sell its majority stake in a shopping centre in the London borough of Bromley for a price tag 1.1 percent higher than its value before Britain's vote t
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