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Apr 29th
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Service industry news

Timber execs hope Canadian duty leads to better times

Oregon timber executives said Tuesday they will consider adding jobs, instituting new shifts, and investing more in existing Northwest mills as a result of a new 20 percent duty on Canadian softwood lumber announced by the White House. President Donald Trump announced the billion-dollar duty late....

Trump to propose massive tax cuts for businesses

WASHINGTON -- President Donald Trump plans to propose massive tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in U.S. history. In addition to big tax cuts for corporations, Trump also wants to cut taxes for small business owners from a top tax rate of 39.

Moody's sees stable property market, but challenges ahead

A stable outlook is expected in the Chinese mainland property market in the coming 6 to 12 months but going forward developers face a challenging operating environment, Moody's Investors Service said in a report. Moody's said the challenging operating environment is manifesting itself nationally in....

Government tackles growing waste problem

A pilot plan has been unveiled to ensure that major cities will sort and separate all household trash by the end of the decade. New measures have been announced that will require government offices, restaurants and businesses in 46 major cities to sort and separate all household trash, including....

AIIB should become platform for cooperation between U.S., China: bank chief

Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB) gives a speech at the Atlantic Council, a Washington-based think tank, in Washington D.C., the United States, April 24, 2017. (Xinhua/Yin Bogu) As a new multilateral international institution focusing exclusively on....

More students get chance to go abroad

Hongkou District government is to send hundreds of students to study abroad every year to expand their "global outlook." The government and state-owned enterprises in Hongkou will pay to organize more than 100 outstanding high-school students each year to study abroad as part of a series of student supportive policies announced by the authorities.

'Press on' with economic shift

Political Bureau meeting, led by Xi, says implement restructuring, stabilize real estate sector. China's top leaders urged on Tuesday that the nation "unswervingly press on with the strategic adjustment of its economic structure" while ensuring "systematic financial risks do not occur".

WeChat becomes business tool as it tops rival Facebook's daily usage

WeChat, the ubiquitous messaging app, is being used for an ever longer period of time and is growing into a lifestyle choice embedded into daily activities and interactions, a new survey has found. In 2016, one-third of WeChat's 889 million monthly active users spent a solid four hours or more per....

Short pain for long-term gain

The Shanghai Composite Index fell 43.62 points, or 1.37 percent, to close at 3,129.53 on Monday, the sharpest drop in more than four months, amid damped market sentiments following a series of tightened measures by regulators. Some investors have blamed the latest stock market adjustment on the....

Museum dedicated to expos set to open

Shanghai World Expo Museum will open to the public from May 1. Admission will be free, officials said yesterday. The museum, spread over 40,000 square meters near Lupu Bridge and on the former Puxi Shanghai Expo site, showcases the history of world expos since 1851 — when Britain launched the Great Exhibition.

Water town planned at Disney site

Shanghai is to develop a water town at the Shanghai International Tourism and Resorts Zone in Pudong. A commercial complex and hotels will also be built by 2020, according to the Disney development plan. With the Shanghai Disney Resort at its core, the zone is aimed at fostering an "important tourism and recreational destination" for the city.

JD to form logistics unit said it will form an independent logistics company to synergize its online business with other online and offline partners. JD Logistics Business Group will be an affiliate under and will leverage the company's technology and logistics expertise to provide smart supply chain and logistics services.

Canada And The U.S. Face Off As Trade War Heats Up

OTTAWA, April 25 (Reuters) - The United States and Canada faced off on Tuesday in a renewed battle over softwood lumber that threatened to spill over into multiple other sectors, though President Donald Trump said he did not fear a trade war. “The Prime Minister stressed the government of Canada....

The Latest: Soda-tax backers outspend beverage industry

Proponents of a tax on sugary sodas in Santa Fe, New Mexico, are raising and spending more in political contributions than opponents in efforts to sway the outcome of a city ballot initiative. A political committee supported by the lobbying arm of the soft-drink industry reported in financial disclosures Tuesday that it has received about $1.

Trump to propose massive tax cuts for businesses

WASHINGTON -- President Donald Trump plans to propose massive tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in U.S. history. In addition to big tax cuts for corporations, Trump also wants to cut taxes for small business owners from a top tax rate of 39.

Virginia First Lady considering run for Congress

RICHMOND, VA (WWBT) - First Lady Dorothy McAuliffe is considering running for Congress. She confirmed that she is weighing a run for the Democratic nomination to face Republican Representative Barbara Comstock in the 10th Congressional District in Northern Virginia next year, according to the Washington Post.

IT major Wipro posts marginal improvement in profit

BENGALURU: Information technology major Wipro on Tuesday reported a marginal increase in profit at Rs 2,267 crore for the January-March 2017 quarter on the back of better operational performance. Gross revenues grew 2.2 per cent sequentially to touch Rs 13,988 crore.

Movies should not guide your behaviour, says Arjun Kapoor

After Two States, Arjun Kapoor is once again seen in Half Girlfriend, which is a screen adaption of Chetan Bhagat’s book. The film is directed by Mohit Suri and stars Shraddha Kapoor; the actor speaks about his film, relationships, his future projects and family.

Revenue Secretary cautions industry not to be complacent about GST

NEW DELHI: Revenue Secretary Hasmukh Adhia on Tuesday cautioned industry not to be complacent about preparing for the goods and services tax (GST) thinking its rollout would be delayed. He said implementation is on schedule. His comments assume significance as they come in the backdrop of reports in....

US’ protectionist policies could backfire: RBI Governor

CHENNAI: taking a dig at the US’ protectionist policies, Reserve Bank of India Governor Urjit Patel said US firms like Apple and IBM would not have grown to become the conglomerates they are today, had they sourced all their requirements locally. “Where would Apple be, where would Cisco be, where....

Shutdown? New president, same old government brinkmanship

WASHINGTON: There's an unconventional new president in the White House. And the Republicans now have a new lock on both ends of Washington's Pennsylvania Avenue. But the capital city is still up to its old gridlock tricks. Just as occurred repeatedly during the Obama administration, the government....

OU centenary: Aadhaar must for entry, activists not amused

HYDERABAD: In perhaps a first, fingerprint scanning linked with Aadhaar data is being used as an entry mechanism for a private event. In this case, at the inauguration of centenary celebrations at Osmania University (OU) in the city. The varsity, expecting close to 20,000 participants including....

Regional air services to take wing on five new routes at Karnataka

BENGALURU: Air connectivity between Mysuru-Chennai and Bengaluru-Salem and also some other smaller towns could soon be a reality. As part of the Regional Connectivity Service (RCS), some airlines have come forward to operate on the two routes and the services are expected to start in the next few weeks.

Plenty of suggestions for Australian values addition to anthem

I'm wondering which of our current values Andrew Laming thinks we should sing about ("MP calls for new national anthem verse to reflect values", April 26). It might be hard to wax lyrical about our treatment of asylum seekers, the reduction in foreign aid or the growing divide between rich and poor, for example.

Japan Post books $4.7b writedown on Toll, flags 1700 job cuts at the business

Japan Post Holdings said on Tuesday it will book its first annual loss in at least a decade, after unveiling a $US3.6 billion ($4.7 billion) writedown on its Australian logistics arm Toll Holdings. Japan Post estimated its loss at 40 billion yen ($470 million) for the year ended in March, becoming....

The sale whisperer: Melbourne's best shopping April 28-May 5

Just opened. It seems almost every week we are writing about a new boutique at Chadstone, and this one is yet another Australian first. Luxury outdoors and ski wear label , known for its down jackets, has opened its first store in the new luxury precinct at the redeveloped shopping centre.

Woman Jumps from Car to Escape an Argument

ERIE, Pa. - Erie police responded to the unusual call of a woman lying on the ground. Shortly after 9:00 p.m., Tuesday, a call went out for a driver jumping out of her vehicle and the car rolling down a hill side. It happened at 3616 Holland St. According to police, a man and woman were having an....

Power shower effect: upmarket homes using 'vast' amounts of water

An analysis of consumption based on metered usage shows that homes in Dublin 4, Dublin 6 and Dublin 13 consume far more water than anywhere else. Nationally, each household consumes an average of 383 litres of water a day. Homeowners in Tipperary and Kerry use the highest amount on a county-by-county basis at 430 litres.

High-earners to pay bigger speed fines

It is understood the earnings-based plan is being strongly considered by the Road Safety Authority (RSA) and details of it will be sent to Transport Minister Shane Ross. Experts want to look at tougher deterrents and penalties for those who break speed limits. Speed is known to contribute to a high proportion of deaths and injuries on our roads.

Two-thirds back charges to help ease gridlock on our urban roads

Motorists would be prepared to support the introduction of a congestion charge to limit the number of cars in town and city centres, a survey of 10,000 people across 10 European countries has found. Two-thirds of Irish people said that the introduction of tolls was justified to reduce car use in....

Abortion referendum 'could be held next spring'

Ministers last night said they saw no reason to delay the staging of a public vote on the back of the recommendations by the Citizens' Assembly. Children's Minister Katherine Zappone said the emphasis was on "the repeal and the replacement" of the Eighth Amendment.
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