Country Financial News

Portugal to its richer European neighbours in the quest for a better-paid job once he completes his master's degree in Lisbon. But tax breaks proposed by Portugal's government for young workers — up to a temporary 100% income tax exemption in some cases — plus help with housing are making him think twice. «Previous governments left young people behind,» said Monteiro, 23, who is studying engineering and industrial management at the Higher Technical Institute in the Portuguese capital. «The country needs us and we want to stay but we need to see signs from the government that they are implementing policies that will help.»

Subscribe to enjoy similar stories. The announcement came at a routine press briefing on September 5th. Mao Ning, a foreign-ministry spokesperson, said China was grateful for the “desire and love" of the foreign families who wanted to adopt Chinese children.

Subscribe to enjoy similar stories. From Bridgetown to Nairobi to Paris, no country is immune to the worsening effects of the climate crisis. With each passing year, we witness more climate-related destruction.

Subscribe to enjoy similar stories. Think of wine while in Europe, and France, Spain and Italy spring to mind. Switzerland is better known for its cheese and chocolates.

Indian tourists are the largest group visiting Sri Lanka, thanks to the country’s proximity—a quick 2.5-hour flight from Mumbai—and its affordability. Following the Sri Lankan rupee’s collapse in 2022, the country became one of the most budget-friendly luxury destinations.

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal.

Marc Miller on Wednesday said “the age of unlimited supply of cheap foreign labour is over,” and that employers may need to offer higher wages to attract more Canadian workers.Speaking to reporters after addressing the Greater Vancouver Board of Trade, Miller also suggested the federal government may be looking at boosting enforcement resources to crack down on irregular migrants who don’t leave Canada, and addressed the need for mutual enforcement of the Safe Third Country Agreement with the U.S.Miller said it’s important to address what is sometimes a “very disproportionate relationship between employers and employees” when it comes to low-cost temporary foreign workers.“There are exploitative relationships that exist, and we need to crack down on them.

IMD (Indian Meteorological Department) has noted a slight drop in both maximum and minimum temperatures in Delhi/NCR, with current temperatures ranging between 30-32°C during the day and 14-19°C at night.

Subscribe to enjoy similar stories. MUMBAI : Mutual funds have emerged as an attractive investment vehicle for non-resident Indians (NRIs) keen on participating in India’s booming economy. Unlike direct investment in stocks, which involves cumbersome account setups, regulatory complexities, and high costs for Portfolio Investment Scheme (PIS) or Non-PIS demat accounts, mutual funds offer a streamlined and cost-effective alternative.

A federal judge has ordered the Port of Oakland to stop using San Francisco Bay Oakland International Airport as its airport’s new name while a lawsuit by the city of San Francisco over copyright infringement is ongoing

Italy's president has sharply rebuked Elon Musk

Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say could propel the African country to a leading position in aluminum production

European food delivery giant Just Eat Takeaway

Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers

Stalled home values, rising incomes and falling mortgage rates continue to deliver improvements in housing affordability in Canada, according to a report released Wednesday.

Rashid Latif says if had the power he would not let Pakistan play against India in any tournament and also suggested that ICC should not grant the hosting rights of global events to both countries until they resolve their issues. The BCCI has refused to send its team to Pakistan for the upcoming Champions Trophy and there speculation that the entire tournament could be moved out of the country. The Pakistan Cricket Board (PCB) has written to the International Cricket Council (ICC) asking for a written confirmation from the BCCI for India's inability to travel to Pakistan for the tournament. «There's a big possibility that Pakistan can stop playing cricket against India. Had I been in power, then, yes, I may have taken this strong step. I would not blame anyone for this. If you don't want to play (in Pakistan), then don't play against us (at all),» Latif, known for his plain speak, told PTI Videos.

Late evening on Wednesday, countries approached Zaheer Fakir of the UAE and Fiona Gilbert of Australia, co-chairs appointed by the COP29 UN Climate Conference presidency to resolve technical differences and finalise a draft text for ministerial consideration, to «streamline» a 34-page draft that had been prepared overnight after the developing country bloc G77 and China rejected a seven-page framework that the co-chairs had prepared earlier. With this all options are back on the table. Developing countries are clear that the new climate finance goal, the successor to the $100 billion plan, must be about rich industrialised countries providing the funding. Developing countries said any text that proposes shifting the burden of providing climate finance to them was unacceptable.

President-elect Donald Trump says Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency.”

Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party’s power in Thursday’s parliamentary election to help him implement his election pledges to solve the country’s economic woes and foster good governance

Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world

India Game Developer Conference (IGDC), a three-day initiative of Game Developer Association of India, began here on Wednesday with over 100 global and local gaming developers and publishers showcasing their immersive and interactive entertainment. According to a press release from the organisers, Sanjay Jaju, secretary, Ministry of Information and Broadcasting emphasised that the video gaming industry is essentially led by content and creativity and the ministry would work with the Game Developer Association of India to create high-quality talent at scale in the country aiming at dominating the global gaming space. Jaju said skill development in the Video Gaming Sector will get a massive uplift by the formation of Indian Institute of Creative Technology that the Centre is planning.