Business and Economy

The proposed act would levy a two percent annual tax on households and trusts valued between $50m and $1bn.

Growth was propelled by a near doubling of lending by state banks to quell the initial impact of the coronavirus crisis.

China was the first country to ground the 737 MAX after a crash in Ethiopia in March 2019 that killed 157 people.

New online manga platforms have seen a huge surge in popularity during COVID lockdowns as people read on their phones.

Record low mortgage rates, improving economy, gov’t incentives and a limited supply of homes are driving prices up.

Bond markets stabilise after central banks across the world assured of economic policy support.

Norway could license companies for seabed mining by 2023 to meet demand for batteries, wind turbines and solar energy.

We will not get back to our normal lives until the virus is eradicated in all countries, Italy’s economy minister said.

‘The greater crime would be not to do enough,’ a senior Canadian government official told Reuters news agency.

The finance ministry said GDP data reflects a V-shaped recovery but also warned that India is not yet past the pandemic.

Democratic US lawmakers are looking for ways to keep the minimum wage hike momentum going.

In blow to progressives, Senate arbiter says fast-track process to pass signature legislation precludes the wage hike.

We gather the numbers to know from the week’s biggest business news stories so you can impress yourself and your friends

US Trade Representative nominee’s stance suggests permanent shift away from liberalisation policies of pre-Trump era.