In this article WB DIDI TME The Didi ride-hailing app on a smartphone arranged in Beijing, China, on Monday, July 5, 2021. Yan Cong | Bloomberg | Getty Images The U.S.-traded shares of prominent Chinese companies were under pressure on Tuesday after the Asian country’s officials launched a cybersecurity review of Didi, fueling concerns about
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Dana Neely | Stone | Getty Images The Biden administration made it easier for many families to qualify for aid toward funeral costs, after loosening rules for a Covid-era program. The Federal Emergency Management Agency, which administers the program, changed its funeral-assistance policy related to deaths that occurred in the early months of the pandemic.
Tax reform has paid off for the Tar Heel State. North Carolina features one of the nation’s most competitive tax environments for businesses across the industry spectrum, and the state currently boasts the nation’s third-best effective tax rates for newly established firms and fifth-best rates for mature firms, according to a new analysis conducted by
SINGAPORE — Singapore aims to immunize 75% of its population by early October so that it can gradually ease border restrictions as the coronavirus turns into an endemic over time, its trade minister Gan Kim Yong told CNBC on Tuesday. “Covid-19 is likely to be endemic in time to come. That is why vaccination is
BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold fewer all-electric passenger cars in the first six months of this year than the same period in 2019, before the coronavirus pandemic.
People may not have traveled much during the past year, but that didn’t stop them from searching for ideas online. Luxury travel operator Unforgettable Travel wanted to know which travel experiences people searched the most during the past year. With the help of digital marketing agency SEO Travel, the company compiled a list of 135
In this article DSX EGLE GNK GOGL SBLK 316-HK 1919-SZ Aerial view of shipping containers sitting stacked at Shenzhen Yantian Port on February 27, 2021 in Shenzhen, Guangdong Province of China. Xie Feng | Getty Images Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks. Global
Getty Images There are signs that the U.S. is rebounding from the havoc wreaked by the coronavirus pandemic. In June, the country added 850,000 jobs, more than expected, and is now 7.13 million below the February 2020 level. The Congressional Budget Office said Thursday that the economy is on track to recover all jobs lost
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In this article @LCO.1 @CL.1 Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high. Futures on
For two decades, New York Yankee star C.C. Sabathia was one of the best pitchers in Major League Baseball, until the six-time All-Star and 2009 World Series Champion retired in 2019. But today, Sabathia, 40, says he’s in the best mental and physical shape of his life — better than he ever was as a
Shoppers in San Francisco. David Paul Morris | Bloomberg | Getty Images Covid-19 vaccinations are increasing, states are dropping their pandemic restrictions and Americans are feeling good about going out and spending after a year and a half spent mostly inside. “We are now coming out of a cave, basically, and there’s a lot of
File photo of white water amusement park ride. Barry Winiker | The Image Bank Unreleased | Getty Images One person is dead and three were injured on a ride at an amusement park in Iowa. The incident occurred on the evening of Sat., July 3, when a raft with six people flipped over on the
NEWPORT, WALES, UNITED KINGDOM – 2021/01/09: A shopper seen pushing her groceries outside Morrisons supermarket in Wales. May James/SOPA Images/LightRocket via Getty Image WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war. Apollo Global Management announced Monday it was mulling a rival bid for the retailer
Monday marks Jeff Bezos’ final day as the CEO of Amazon, the company he launched in 1994 as an online bookseller that is now an ecommerce behemoth anworth $1.7 trillion — the company that has made him the richest person in the world with a nearly $200 billion fortune. Over Bezos’ roughly 27 years as
Allen Weisselberg, center, chief financial officer of Trump Organization, exits from criminal court in New York on July 1, 2021. David Dee Delgado | Bloomberg | Getty Images The Trump Organization and its chief financial officer, Allen Weisselberg, pleaded not guilty to tax crimes on Thursday. Experts say the illegal practices the government alleges occurred
All countries covered in today’s map levy Value-Added Taxes (VAT). However, to reduce compliance and administrative costs, most countries have VAT exemption thresholds: If a business is below a certain annual revenue threshold, it is not required to participate in the VAT system. This means that small businesses—unlike businesses above that threshold—do not collect VAT
A person exercises at the Sydney Opera House during a foggy start to the day on June 30, 2021 in Sydney Australia. Lockdown restrictions continue as NSW health authorities work to contain a growing Covid-19 cluster. Brook Mitchell | Getty Images News | Getty Images A recent spike in Covid cases has Australian authorities scrambling
A customer eyes the beverage section in a supermarket on June 9, 2021 in Handan, Hebei province. Li Hao | Visual China Group | Getty Images BEIJING — Chinese consumers spent less on daily necessities from foreign brands last year during the coronavirus pandemic, while those in smaller cities were more willing to spend than