Traders push markets higher, US inflation may set trading tone

Traders push markets higher, US inflation may set trading tone

By Naeem Aslam Traders are ready to bag some bargains, while others continue to believe that the current bounce back in the markets may be nothing more than a dead cat bounce, as a result of which, caution is need. European and US markets are very much moving forward, leaving behind all of the concerns … Read more

China Tax Incentive for Green and Digital Upgrade of Special Equipment

China Tax Incentive for Green and Digital Upgrade of Special Equipment

A new China tax incentive aims to encourage companies to invest in digital and smart upgrades of special equipment. Companies upgrading certain equipment that aids environmental protection and safe production can enjoy a deduction of the investment at a rate of 10 percent from their corporate income tax payable. We explain the requirements of the … Read more

‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more

MADSEN: Cut corporate income taxes massively to increase growth, prosperity

MADSEN: Cut corporate income taxes massively to increase growth, prosperity

Breadcrumb Trail Links Opinion Columnists Published Jun 07, 2024  •  Last updated 8 hours ago  •  2 minute read Photo by file /Getty Images Article content The federal Liberal government’s current budget proposal budget proposal to increase the inclusion rate for capital gains tax was met with justifiable criticism and opposition — primarily from business groups. … Read more

Djokovic through after another French Open epic

Djokovic through after another French Open epic

Novak Djokovic defeated Francisco Cerundolo in a five-set match to reach the quarter-finals of the French Open. Djokovic broke a tie with Roger Federer for the most match victories at Grand Slam events, reaching his 59th major quarter-final.

Sunny Saturday

Sunny Saturday

The weather today will be mainly clear with light dust in the atmosphere. Winds will be variable and light, becoming south-westerly to north-westerly later, at 3 to 4 Beaufort. The sea will be smooth to slight. Temperatures will range from 27 to 34 degrees. Tonight, the weather will remain clear with north-westerly to north-easterly winds at 3 Beaufort. Temperatures will drop to 16 to 20 degrees.

Warm air mass set to bring early summer scorcher

Warm air mass set to bring early summer scorcher

June will have a sudden increase in temperatures of up to 10 degrees Celsius due to a warm air mass moving in from Africa. The weather will be cloudy with scattered dust in the atmosphere for the next few days, bringing isolated showers and temperatures slightly below normal. Wednesday and Thursday will have locally increased cloudiness with isolated showers mainly in mountainous regions and inland areas. Friday will see mostly clear skies with temperatures rising closer to average for the time of year.

Scattered rains, ongoing light dust

Scattered rains, ongoing light dust

Scattered rains are expected on Tuesday, with temperatures rising to 29C in the interior. Light dust will also be present. Winds will be mainly south- to north-westerly, light to moderate. Overnight, low clouds and light fog are expected, with temperatures dropping to 16C inland. The presence of dust is expected to continue through Wednesday, with showers expected in the mountains and interior over the next two days. Temperatures will rise slightly through Friday, fluctuating close to average for the season.