From 1 January, contraceptives will be subject to a 13% VAT rate – part of a carrot-and-stick approach by the government to increase birthsChina is set to impose a value-added tax (VAT) on condoms and other contraceptives for the first time in three decades, as the country tries to boost its birthra…
The yuan’s recent strength is doing little to boost Chinese stocks as mounting concerns over economic weakness and rising valuations sap sentiment toward equities.
Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and US plans to block other sanctioned vessels.
Manchester, Bradford and outer London boroughs among those to receive increases ministers hope will ‘restore pride’Which councils are the winners and losers – and will tax bills go up?Some of England’s most-deprived councils will receive a funding boost under a new three-year local government deal w…
Population fell by 0.2% in third quarter – and the only other quarterly decline on record was attributed to Covid limitsCanada experienced one of its largest drops in population in the most recent quarter, the result of a crackdown on international students. The drop marks dramatic turnaround for a …
Nomura European Economist Josie Anderson says the bigger-than-expected drop in UK inflation could see more BOE policymakers voting for a rate cut and raises the probability of more cuts than expected in 2026. She speaks to Bloomberg's Francine Lacqua on 'The Pulse.' (Source: Bloomberg)
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert…
Every morning at the Argentine central bank, traders on its foreign exchange desk start with a simple mission: Keep the peso from moving too far up or down.
Numbers from the November jobs report released on Tuesday show the unemployment rate rose to 4.6%, its highest level in four years. CBS News business analyst Jill Schlesinger explains what to know.
Federal Reserve Governor Christopher Waller backed further interest-rate cuts to get the central bank’s setting back to neutral, while saying policymakers need not rush to do so.
"There are probably enough concerns about the health of the labor market to justify an insurance rate cut by the Federal Reserve next year," UBS's Paul Donovan said.
Recent strength in Europe’s fuel markets is starting to fade, eroding oil refiners’ margins and taking away a supportive factor for crude prices as the year draws to a close.
Germany’s cabinet approved plans for a state-subsidized retirement savings account for youngsters, part of a broader push by Chancellor Friedrich Merz’s coalition to shore up a pension system under growing strain.
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England w…