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BBCNEWS Business Today September 6, 2024 - Vimarsana News

BBCNEWS Business Today September 6, 2024

If a proposal recognises its standalone intrinsic value. In other news donald trump has been laying out his economic plans should he become president. Trump repeated calls to cut taxes and regulation and is earmarking a governmentjob for controversial billionaire elon musk. Here is ritika gupta with the latest. The main highlight of donald trump's address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump's own 2017 tax law set to expire in 2025. Now,...

BBCNEWS Business Today September 6, 2024 - Vimarsana News

BBCNEWS Business Today September 6, 2024

Job for controversial billionaire elon musk. Here's ritika gupta with the details. The main highlight of donald trump's address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump's own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can...

BBCNEWS Business Today September 6, 2024 - Vimarsana News

BBCNEWS Business Today September 6, 2024

Rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from Tesla Ceo Elon musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficien...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Where there were questions over how unified opec could be are particularly after angola left the cartel. Now were seeing that there and it also a sign that 0pec are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half, allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. So is this cut priced in then, or are we likely to see a bit of impact o...

BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

because oil producing countries agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia said it would make cuts of1 million barrels a day injuly and 0pec+ said targets would drop by 1.4 million barrels per day from 202a. 0pec+ accounts for a1% of crude oil and let's get more for our middle east correspondent. it was widely expected before the meeting started on the weekend that 0pec+ would reduce oil production because it is hovering around $75 a barrel. there are concerns it could fall further with global economy struggling an...