Applied Materials Rebounds Strongly After Initial Sell-Off

After gapping open sharply lower, shares of Applied Materials, Inc. (AMAT) have shown a significant turnaround over the course of the trading session on Friday. Applied Materials is currently up by 1.2 percent after tumbling as much as 8.4 percent. The initial sell-off by Applied Materials came after semiconductor equipment maker reported fiscal fourth quarter earnings that matched expectations but […]

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Foxconn bests Amazon in incentives for fewer, lower-paying jobs

Amazon to receive billions in tax breaks for two new headquarters Capitalist Pig Hedge Fund Manager Jonathan Hoenig discusses how Amazon will receive billions in tax breaks for its two new headquarters. While e-commerce giant Amazon has come under fire for the massive tax breaks it will enjoy in New York and Virginia – the locations chosen for its new […]

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SBI sells over ₹400 cr. electoral bonds

Ten-day Oct. window saw a spike from the ₹32-cr. worth bonds sold in July tranche, reveals RTI reply More than ₹400 crore worth of electoral bonds were sold by the State Bank of India (SBI) in the 10-day window of October, a sharp rise from the ₹32 crore worth of bonds sold in the July tranche, according to data the […]

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As postal strike continues, Vancouver urges eBilling signup

The city of Vancouver is urging property owners to sign up for an eBilling account to ensure they are able to manage their tax accounts online in the event of further postal disruptions. This would include the Empty Homes Tax declaration for the 2018 tax year. More than 240,000 advance property tax notices are being sent to homeowners this month. […]

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How to make it through Black Friday without emptying your entire wallet

Christmas is coming – but it seems many shoppers have pressed pause on their spending while they wait for big discount events such as Black Friday on November 23. The British Retail Consortium (BRC) and KPMG recently found the "golden quarter" – the all-important final three months of the year for retailers when customers splash out for Christmas – has […]

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UPDATE 2-Turkey rolls back some restrictions on foreign currency use

(Adds details) ISTANBUL, Nov 16 (Reuters) – Turkey has rolled back some restrictions on the use of foreign currencies that were brought in at the height of an economic crisis this year, according to a decree published on Friday, loosening the rules after lobbying from the hotel industry. In September the government ruled that property sales, rental contracts and leases […]

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Government makes each nursery £42,000 poorer next year

The average private nursery will be £42,000 worse off thanks to the Chancellor’s Budget, the National Day Nurseries Association (NDNA) told MPs this week. With no move on business rates relief for nurseries, severe under-funding for ‘free’ childcare places and higher than inflation increases in the minimum wage, the Budget spelt a triple blow for private, voluntary and independent nurseries […]

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Labor's imputation policy is 'criminal' warns leading fund manager

Veteran fund manager Geoff Wilson has launched a fresh broadside against Labor's proposed policy to end cash tax refunds attached to stock dividends. If it wins the next election Labor has promised to end an arrangement introduced under the Howard government that sees cash returned to individuals when the tax breaks they get tied to their share dividends exceeds their […]

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