Showing 1 - 10 of 17
US averts first-ever default with 11th-hour debt deal
AFP, Published on 02/06/2023
» WASHINGTON: United States senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.
McDonald's Tightens Ownership Rules as It Looks for New Franchisees
Business, Published on 25/06/2022
» McDonald's Corp. is planning to make some of the biggest changes in decades to the franchising system that underpins its U.S. operations, as it seeks to reinvigorate its base of restaurant owners.
Elon Musk, Other Leaders Sell Stock at Historic Levels as Market Soars, Tax Changes Loom
Business, Published on 11/12/2021
» Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws.
Surging Inflation Poses New Challenge to Biden's $2 Trillion Spending Plan
Business, Published on 13/11/2021
» The highest inflation in three decades is posing a new challenge for President Biden as he seeks to enact another pillar of his economic agenda while also easing Americans' concerns about rising consumer prices.
What's in Democrats' $3.5 Trillion Budget Plan--and How They Plan to Pay for It
Business, Published on 11/08/2021
» Senate Democrats released an outline Monday of the $3.5 trillion antipoverty, healthcare and climate plan they hope to approve this fall without Republican support. Here are details on the proposal and the steps needed to turn the broad budget framework into actual legislation and law.
US Senate votes to advance huge infrastructure bill
AFP, Published on 29/07/2021
» WASHINGTON: The US Senate voted to advance a historic, trillion-dollar infrastructure package late Wednesday, a breakthrough after weeks of often-bitter negotiations on a bill that President Joe Biden said could "transform America."
State braced for budget bill delay
Business, Wichit Chantanusornsiri, Published on 23/01/2020
» The government is preparing a Plan B to brace for the possibility of a further delay in the 3.2-trillion-baht budget bill for fiscal 2020 after some members of parliament indicated they would vote in favour of the bill without being present in the chamber.
Exercising control over a Thai company
Business, Published on 17/12/2018
» The private limited company is still a relatively new concept in Thailand; the earliest laws dealing with companies were only passed in 1900, and one of the first corporations in Thailand, Siam Commercial Bank, was only formally established in 1906. Prior to this, businesses were usually organised as family partnerships that lacked any formal legal personality.
Who should control India's central bank?
Asia focus, Published on 19/11/2018
» The Reserve Bank of India (RBI) is locked in a bitter public feud with the administration of Prime Minister Narendra Modi over Modi's attempts to encroach on the central bank's independence. In fact, the government's actions are a serious problem, but not for the reason many people seem to think.
Modi in Israel
Asia focus, Published on 17/07/2017
» Narendra Modi made history in the first week of July as the first sitting Indian prime minister to visit Israel. The visit reflects the rapidly growing warm ties between the two democratic nations, as they seek greater cooperation on a range of issues including trade, defence, tourism, agriculture and water technologies.