Business
Prime Minister Giorgia Meloni's government announced the elimination of the vehicle ownership tax (bollo) for small‑ and medium‑power cars and all motorcycles, to take effect in 2027. The move, aimed at easing a widely‑detested levy, comes as Italy heads toward a national election.
Business
Nigeria has announced that oil sector reforms have generated more than $10 billion in final investment decisions since 2023. The influx marks a significant boost for the country's energy revenue outlook.
Business
A popular Slovak bank is alleged to have handed over customers' personal information to criminal groups, sparking a nationwide outcry. The episode has triggered scrutiny from regulators, politicians and consumer‑rights organisations.
Business
A public interest litigation filed by traders and consumer groups seeks to halt a 0.4% merchant discount rate on Unified Payments Interface transactions above ₹2,000. The case, heard by the Supreme Court, raises constitutional concerns and fears that the fee will be passed on to consumers.
Business
Consensus among analysts points to a near‑certain interest‑rate hike at the Fed’s September meeting, driven by resilient retail sales and lingering inflation pressures. The move would lift borrowing costs further, with pronounced effects on mortgage rates and lower‑income households.
Business
Economists say Argentina's 2026 national budget is ambitious, forecasting 4% growth and 18% inflation for 2027. They stress that the plan’s success hinges on strict fiscal commitment from the government.
Business
The Taoiseach indicated that the upcoming 2027 budget will include a reduction in the tax on home heating oil, aiming to ease rising costs for households. Energy provider ESB also pledged not to raise prices again this year amid volatile markets.
Business
The 2027 state budget, presented by Minister Sébastien Lecornu, proposes fresh savings across ministries and calls for a reduction in France's financial contributions to the European Union. The plan arrives as the government grapples with domestic fiscal pressure and debates over its role in EU financing.
Business
President Luiz Inácio Lula da Silva signed a decree offering tax and regulatory incentives to lure data center projects to Brazil. The move aims to boost the country's digital infrastructure and position it as a regional tech hub.
Business
The National Payments Corporation of India (NPCI) will levy a 0.4% merchant discount rate on person‑to‑merchant UPI transactions exceeding ₹2,000, with a ₹300 cap on high‑value payments. Small merchants and all person‑to‑person transfers remain exempt.
Business
Aliko Dangou e says the refinery will be Africa’s biggest company by December 2024. Regulators warn investors of fraudulent IPO platforms as the project nears completion, while domestic fuel prices have risen sharply.
Business
Serbian authorities recorded all one‑off assistance payments and said wages and pensions will rise on Dec. 1. President Aleksandar Vučić and Finance Minister Sasa Mali framed the measures as overdue compensation for retirees and public‑sector workers.