Britain’s government has announced a significant change to its inheritance tax plans for farmers, scaling back a policy that triggered months of protests across the country. As per a Reuters report, the decision follows sustained opposition from agricultural groups after an inheritance tax charge on farms was announced in 2024, ending a long-standing exemption for
For years, the UK government has signaled its ambition to become a global crypto hub, but for those building the infrastructure, the pace of progress tells a different story. While the EU implements MiCA and offshore jurisdictions attract talent with favorable tax regimes, London remains stuck in the consultation phase. To understand the real impact
South Korean satellite launch company Innospace attempted to achieve its first commercial rocket launch mission from Brazil’s Alcantara Space Centre on Monday, but the launch led to a failure, a setback for both the company and Brazil’s aerospace aspirations. Five days after its initial target timeline, the launch of Innospace’s HANBIT-Nano vehicle occurred at 10:13 p.m.
The US economy expanded at a stronger-than-expected pace in the third quarter, according to a long-delayed government report that showed growth accelerating even as inflation pressures lingered and markets remained cautious. Gross domestic product grew at an annualised rate of 4.3% between July and September, the Commerce Department said, exceeding the 3.2% forecast in a
“When we opened our office back in 1990 and distributed pamphlets about our new cable business, people couldn’t believe that a mere antenna and VCR could bring movies to their televisions,” recalls Sunil Jolly, director of Den Enjoy Network, a Multi-System Operator (MSO) in Lucknow and one of the city’s earliest cable operators. The excitement
US stocks were wobbly at market open on Tuesday after delayed economic data showed the American economy grew far faster than previously estimated, prompting investors to reassess expectations for future interest-rate cuts. The Dow Jones Industrial Average slipped 53 points, or about 0.1%, while the S&P 500 and Nasdaq Composite hovered around the flatline, reflecting
Main Street Capital stock price did modestly well this year as other companies in the business development companies (BDC) industry accelerated. Main Street Capital beat other BDCs this year It had a total return of 8.9% this year, while the closely-watched VanEck BDC Income ETF (BIZD), which tracks the biggest companies in the industry, dropped
Famed investor Jim Cramer has urged OpenAI to take an unprecedented step: raise $200 billion at a trillion-dollar valuation. OpenAI should “strike while the iron is hot,” he argued in a recent segment of Mad Money – after a week of swirling speculation about the ChatGPT company’s fundraising ambitions. Recent leaks signal OpenAI is interested
As global trade becomes increasingly fragmented, economic relations between China and the European Union are entering a more confrontational phase, marked by a growing reliance on tariffs, investigations and retaliatory measures. What began as targeted disputes in specific sectors has steadily widened, drawing in agriculture, manufacturing, technology and consumer goods. In the latest development in
Netflix’s acquisition of Warner Bros Discovery is poised to add more pressure to movie theatres, which are struggling to fill seats after the pandemic. The holiday release of Avatar: Fire and Ash, the third installment in one of Hollywood’s most successful franchises, was expected to be a boost for cinemas still recovering from the pandemic.