The U.S. Treasury Department is finalizing new tax rules aimed at combating the use of shell companies to evade taxes, U.S. Treasury Secretary Jack Lew said on Saturday amid increased pledges by global finance leaders to cooperate on tax issues. In a statement to the International Monetary Fund’s steering committee, ... Read More »
The number of students who scored high enough to qualify for New York City’s gifted and talented programs rose this year, the Education Department said on Thursday. But the neighborhoods in which those children live continued along a familiar pattern: In wealthy districts, more children take the tests, and score ... Read More »
Melbourne – Australia Post has successfully field-trialled the use of drones to deliver small packages, clearing the way for test deliveries to customer homes later this year. The state-owned corporation said the drones will be used for the delivery of online shopping parcels and time-sensitive items such as medication. “We will ... Read More »
In two small Swiss towns, watchmakers are trying to strike a balance as delicate as the mechanisms in their precision-engineered watches – squeezing suppliers to cope with an industry crisis while preserving the skills that drove past successes. La Chaux-de-Fonds, home to just 39,000 people, and even smaller neighbor Le ... Read More »
McDonald’s Corp (MCD.N) is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. The U.S. fast food giant is adopting a new business ... Read More »
Oil fell on Thursday as the International Energy Agency trimmed its forecast for demand growth and on signs that a producers’ meeting this weekend will not yield a concrete plan to reduce oversupply. The International Energy Agency slightly trimmed its estimates for 2016 global demand growth from last month to ... Read More »
A Dutch popular vote against strengthening ties between the European Union and Ukraine was an “attack on the unity of Europe,” Ukrainian President Petro Poroshenko said Thursday. “The true goal of the organizers of this referendum is not the association agreement between Ukraine and the EU. … This is an ... Read More »
Swiss police raided the European soccer body UEFA on Wednesday to seize information about a contract disclosed in the Panama Papers that was signed by Gianni Infantino, now head of the global soccer body FIFA. The impact of the leaked documents from a Panamanian law firm is snowballing, with Iceland ... Read More »
WEDNESDAY, April 6, 2016 — Women are up to twice as likely as men to die from the most dangerous type of heart attack, a worldwide study finds. Although death rates have fallen, there are still significant survival differences after what’s called ST-segment elevation myocardial infarction (STEMI), according to the ... Read More »
The BJP’s electoral appeal in the absence of any perceptible Modi wave and the Congress’s tenacity against a spirited attack on one of its last fortresses will be under test when people in Assam’s 65 constituencies, and 18 in West Bengal, vote in the first phase on Monday. Of the ... Read More »
When Ibrahim El Bakraoui blew himself up in the Brussels Airport check-in area, killing and maiming scores of travellers, it was at least the third time he had passed unimpeded through an airport terminal in recent months. Suspected by Turkey of being a “foreign terrorist fighter” and known at home ... Read More »
The price and range of the five-seater should make the vehicle appeal to new types of customers and could boost interest in other electric vehicles. Chief executive Elon Musk said his goal was to produce about 500,000 vehicles a year once production is at full speed. Within a day of ... Read More »
