Corporation Tax, paid on UK company profits, will rise next month, chancellor Jeremy Hunt has confirmed to Parliament. It will go up from 19% to 25% for companies with over £250,000 in profits, Mr. Hunt told the Commons.Add your comment!
Argentina's Consumer Price Index (CPI) for February of 2023 was reported to stand at 6.6%, according to the National Institute of Statistics and Census (Indec), which resulted in interannual inflation of 102.5%. In this scenario, Economy Ministry sources quoted by Buenos Aires media admitted the possibility of not meeting the 60% annual target outlined in the 2023 Budget.3 comments
The Federal Reserve Board on Monday announced that Vice Chair for Supervision Michael S. Barr is leading a review of the supervision and regulation of Silicon Valley Bank, in light of its failure. The review will be publicly released by May 1.Add your comment!
US President Joseph Biden said his country's banking system was safe in the aftermath of last week's collapse of Silicon Valley Bank, a California financial giant specialized in the technology sector. Biden insisted Monday that Americans can trust that the banking system is safe, and said he would seek to move forward with stronger regulations.Add your comment!
Argentina's industrial output recorded a 6.3% interannual growth in January of 2023 and 9.6% against the same month of 2019, the Secretariat of Industry and Productive Development reported. It was the second-highest January, only surpassed by 2018. Against January 2022, the sectors that grew the most were Food and Beverages (+9.1%), Automotive (+24.8%), Metal Industries (+8.9%), and Metal Products (+15.2%).Add your comment!
Brazilian and Uruguayan officials have reached an understanding whereby the Rivera airport will become binational, a waterway will be developed, and a new bridge will be built over the Yaguarón river, it was announced after Tuesday's encounter in Brasilia featuring Foreign Ministers Francisco Bustillo and Mauro Viera, among other dignitaries.
Chile recorded a 0.1% decrease in its Consumer Price Index (CPI) for the month of February of 2023 for an interannual 11.9% increase, the National Statistics Institute (INE) reported in Santiago Wednesday. It was the first negative monthly variation since November 2020.
Uruguayan President Luis Lacalle Pou Tuesday explained that many Argentines had decided to migrate and settle “across the pond” because his country was one that “generates certainty.”
The Government of Argentina announced during the weekend the creation of yet another foreign currency exchange rate; one to be applied particularly to wine exports, effective next month.
The Business Post Global Irish Diaspora Awards were held at the Waldorf Hilton, London on Friday, February 24, 2023. With over 70 million people across the globe who claim Irish ancestry, these awards have been established to recognize and celebrate the vast contribution to the world of business that Ireland and its people have made.