International

• Monday, June 5th 2023 - 13:14 UTC

  Three companies accounted for a third of all corporation tax in Ireland

  

  Three companies accounted for a third of all corporation tax collected in the Republic of Ireland between 2017 and 2021, new research suggests. The Irish Fiscal Advisory Council (IFAC) said that amounted to some US$ 6,5billion in 2021 alone and probably increased last year. Corporation tax is the tax that companies pay on their profits.

• Monday, June 5th 2023 - 13:11 UTC

  EU farmers refuse to accept plans to restore drained peat-lands, taken over by agriculture

  

  European Union farmers and conservative lawmakers are up in arms against landmark nature legislation meant to bolster the bloc's green transition and prevent vital ecosystems and species from being wiped out due to climate change.

• Monday, June 5th 2023 - 13:07 UTC

  British government mulls food price cap; retailers skeptical of impact

  

  The British Government's plans to introduce a cap on the price of basic food items will not help tackle the rising cost of living, retailers have warned. The British Retail Consortium (BRC) said the measures would not make a “jot of difference” and could thwart efforts to cut inflation.

• Monday, June 5th 2023 - 12:45 UTC

  Argentina closer to becoming a member of BRICS and their Development Bank

  

  The board of the BRICS-led New Development Bank (NDB) will hold a vote for the incorporation of Argentina in August, the entity’s president Dilma Rousseff told Argentina's Economy Minister Sergio Massa currently in China with a numerous delegation in search of money for an almost depleted Central Bank

• Monday, June 5th 2023 - 09:53 UTC

  Lula to travel to Paris later this month

  

  Brazilian President Luiz Inácio Lula da Silva is to travel to Paris later this month for a state visit, French President Emmanuel Macron confirmed this weekend on social networks.

• Monday, June 5th 2023 - 08:15 UTC

  New British business lobby, British Chamber of Commerce, replacing troubled CBI

  

  British media is reporting that a new business lobby group has been formed, boasting some of the UK's largest companies as its founding partners. The Business Council has been launched by the British Chambers of Commerce (BCC) in a bid to “design and drive the future of the British economy”.

• Monday, June 5th 2023 - 06:13 UTC

  Air New Zealand weighing passengers in international flights to improve fuel efficiency

  

  Air New Zealand is weighing passengers before they board international flights, as part of a survey to determine average passenger weight. The weight will be anonymously recorded in a database but not be visible to airline staff or other passengers, the firm said in a video.

• Saturday, June 3rd 2023 - 12:11 UTC

  New currency swap with China gives Argentina some financial relief

  

  Argentina will have US$ 10 billion to play on the domestic foreign exchange market and avoid a steeper devaluation of the peso after renewing a currency swap with China, Economy Minister Sergio Massa announced in Beijing Friday.

• Saturday, June 3rd 2023 - 09:54 UTC

  Over 200 killed in train accident in India

  

  Over 200 people were reported to have died Friday when a passenger train and a freight convoy clashed in the Balasore district in the Indian state of Odisha, it was reported.

• Friday, June 2nd 2023 - 11:31 UTC

  Most Britons feel the Falkland Islands should remain with UK, YouGov poll

  

  People in Britain would be more upset to see Gibraltar or the Falkland Islands leave the UK than they would if Northern Ireland did, according to a new YouGov poll published in British media.