Browsing: Business
Minister for Agriculture and Farmers Welfare Narendra Singh Tomar stated that farmers are receiving more money directly into their accounts through the Direct Benefit Transfer scheme. This is the result of the scheme. As a result of the use of
As part of the settlement, Wells Fargo agreed to pay $3.7 billion in order to settle claims that it harmed customers by charging illegal fees, interest, and overdraft fees on auto loans and mortgages. Wells was ordered to repay $2
Amazon Inc’s cloud computing division was awarded a $723.9 million enterprise software license contract by the United States Navy. With the deal, the Navy will be able to access Amazon Web Services’ (AWS) commercial cloud environment, Professional Services, and training
Ten non-OPEC oil-producing countries and OPEC Member Countries signed the Declaration of Cooperation (DoC) on 10 December 2022. At the OPEC Headquarters in Vienna, Austria, OPEC Member Countries, Azerbaijan, Bahrain, Brunei Darussalam, Equatorial Guinea, which joined later, Kazakhstan, Malaysia, Mexico,
After the Communist Party loosened anti-virus rules as it tried to reverse a deepening economic slump, a surge of COVID-19 cases was reported in schools and businesses across China on Friday. While official data show a decline in new cases,
A prominent Turkish businessman has been sanctioned by the Biden administration for violating U.S. restrictions on the sale of Iranian oil, the Associated Press reports. Several companies controlled by Sitki Ayan and his family and associates were penalized by the
As the global energy crisis spurs new policies aimed at cutting reliance on fossil fuels, global government spending on clean energy has risen by more than $500 billion since March, according to the IEA. With this increase, governments have allocated
The UAE issued Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). From 1 June 2023, businesses will be subject to UAE Corporate Tax (“Corporate Tax”). The UAE’s corporate tax regime imposes
The Jordanian Ministry of Planning and International Cooperation signed a Memorandum of Understanding (MoU) for a 15 billion JPY ($110 million) soft loan provided by the Japanese government to support the general budget of Jordan. As part of Japan’s pledge
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his maiden visit to the country, the country’s army chief is expected to play a role
