Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Chinese commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal.
Archives for December 2019
China maintains tariffs must be reduced for phase one trade deal with U.S.
Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Chinese commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal.
OPEC gearing up for deeper oil cuts, Russia yet to agree
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year.
Oil gains before OPEC meetings, helped by decline in U.S. inventories
Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.
Firms move legal battles from protest-hit Hong Kong in fresh setback for business
Safety fears in Hong Kong have prompted firms to shift arbitration hearings out of the Chinese-ruled city, industry sources said, another sign that pro-democracy protests are denting its appeal as an international business hub. Months of demonstrations against mainland China’s growing influence have pushed the city’s economy into its first recession in a decade, prompted […]
BEAT regs. are finalized, new regs. are proposed
News Foreign Income & Taxpayers By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} The IRS on Monday issued detailed guidance on the Sec. 59A base-erosion and anti-abuse tax (BEAT), which was added to the Code by the law known as the Tax Cuts and Jobs Act, P.L. 115-97. Monday’s regulations […]
Making Social Media Work for You
“I need to start using social media in my practice.” Is that what you’re telling yourself? It’s a great place to start, but there’s a lot more to social media success than just “being there.” The first question I ask planners to consider is, “Why am I using (or planning to use) social media as […]
Supply Chain Account Takeover: How Criminals Exploit Third-Party Access
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Markup vs. Margin Chart: How to Calculate Margin and Markup
Business owners often confuse margin and markup. Both figures help you set prices and measure productivity. But, a margin vs. markup chart shows that the two terms reflect profit differently. It’s important to know the difference between margins and markups in accounting. Read on to learn about markup vs. margin. And, don’t forget to check […]
India weighs tougher rules for Boeing 737 MAX on return to flying – source
India is considering setting an experience threshold for pilots who fly Boeing’s 737 MAX planes, as it moves to ensure safety once the aircraft returns to service, a senior official of the air safety regulator told Reuters.