China’s plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country’s tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday.
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market next year, the United Arab Emirates’ energy minister said on Sunday.
Government spending in the north of England has fallen by £6.3 billion while the southeast and southwest of England have seen an increase of £3.2 billion since 2009-10, according to an analysis of official figures.
Cuts to public services and benefits in the UK that disproportionately affect the least well-off, single parents and disabled people put the government in breach of its human rights obligations, a study for the UK equalities watchdog found.
About 300 staff of National Australia Bank (NAB.AX) have been fired or left the company as a result of internal investigations into wrongdoing, the bank’s chief executive, Andrew Thorburn, said on Friday, following public revelations of misconduct across the sector.
Disproportionately harsh spending cuts to local public services in England’s poorest areas are likely to intensify perceived ‘territorial injustice’ between deprived and wealthy parts of the country, a study showed.
China’s eastern Shandong province unveiled new targets to cut steel and coal production capacity, eliminate outdated aluminum smelters and change to cleaner energy as part of a broader nationwide anti-pollution push.
Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of a US pullout from the Iran nuclear deal.