Business & Economy

Queensland mum and dad operations hire less as they lose out to big business – Courier Mail

Courier Mail Queensland mum and dad operations hire less as they lose out to big businessCourier MailChamber of Commerce and Industry Queensland says urgent government action is needed “to help kickstart the small business economy and bring the jobs growth back to this essential sector”. The report from the Government Statistician’s Office shows that … and more »

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Most Irish SMEs view Brexit as main threat to economy

Irish small and medium sized businesses view Brexit as the top threat to global economic growth, followed by political uncertainty in the US and global terrorism.  The Global Business Monitor, published by Bibby Financial Services Ireland, shows that 69% of Irish SMEs consider the UK’s vote to leave the European Union as the biggest threat to global economic growth. However, ...

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Catalonia hopes to grab billions from Madrid with independence from Spain

BARCELONA: In a glass building overlooking Barcelona’s port, empty desks and computers wait for new workers of Catalonia’s tax agency.As in other Spanish regions, the agency already collects some taxes on wealth, inheritance, gambling and transport.But the regional government has spent €18 million (SR81 million) expanding the agency in the hope that it will gain independence from Madrid in an ...

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Fed keeps US rates steady but signals increase by year-end

The US Federal Reserve left interest rates unchanged on Wednesday but signalled it still expects one more increase by the end of the year despite a recent bout of low inflation. The Fed, as expected, also said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S. Treasury bonds and mortgage-backed securities acquired in the ...

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Salary growth theory is flawed

HOW would you feel if I told you your future pay rises depend on a theory, and there’s growing signs that theory could be wrong? In the past few months, employment has been going quite well. Treasurer Scott Morrison is gloating about the 300,000 new jobs made in the past 12 months — 80 per cent of them full time. ...

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ThyssenKrupp-Tata steel merger sets scene for jobs battle

FRANKFURT: German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, sending governments and unions scrambling to ward off job cuts. Once the deal is finalized in 2018, the two groups aim for efficiency savings of between €400 and €600 million ($480-720 million) per year and are likely to shed 4,000 jobs ...

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Confident Fed Sets Stage for December Rate Hike

In its statement, the Fed pointed to the strength of job growth and to increases in household and business spending. It noted that inflation has weakened in recent months, but predicted a rebound. The official optimism went only so far, however. The pace of growth remains weak by historical standards, and the Fed indicated that it sees no evidence of ...

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Moves business owners can make now ahead of the proposed tax changes

Small-business owners are scrambling to figure out what actions to take right now, if any, in light of Ottawa’s controversial tax changes and proposals. The Globe spoke with tax planning experts about some strategies businesses may want to consider in the weeks ahead. Income splitting The government wants to restrict the ability of business owners to reduce their taxes by ...

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Halal Expo highlights wealth of opportunities in sector

The 9th Halal Expo Dubai concluded on a successful note with a majority of the 100 exhibiting companies reporting brisk business with local and international traders, who were among the 4,000 visitors at the two-day business-to-business event. “The expo provides a great opportunity to showcase and promote halal products across the world and I am glad this is happening in ...

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Laramie’s broadband infrastructure rates above state average, but not nation’s | Newsletter Am

Laramie’s efforts to become Wyoming’s tech capitol could be hampered by insufficient broadband infrastructure, but for now, the city’s internet provider market is adequate, a Tech Talk Laramie representative said. “I think our current broadband infrastructure is conducive to our business economy today,” Tech Talk Laramie Board President Fred Schmechel said. “But I worry about our future and where it’s ...

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