Tag: windfall
India cuts windfall tax on crude oil production and diesel exports
The Indian government has reduced a one-off tax on locally produced crude oil from 10,500 to 8,000 rupees per tonne from Sunday, following a drop in world oil prices. India…
Germany: Scholz wants to use windfall corporate profits to drive down energy prices
The German government wants to put in place a measure “partial withdrawal of random profits”. Germany wants windfall profits made by some energy companies from soaring market prices to be…
G7 targets Russian energy windfall by capping oil prices
Facilities at the giant Gazprom oil and gas condensate field in Novoprtovskoye, Russia, February 18, 2015 (AFP/Archives/ANDREY GOLOVANOV) Dealing a new blow to Moscow’s energy windfall: the G7 countries decided…
Oil explorers and refiners push Indian stocks up more than 1% as government cuts windfall tax.
The NSE Nifty 50 index gained 1% at 16,513.0345 GMT, while the S&P BSE Sensex was up 1.2% at 55,439.18. India reduced a windfall tax on oil producers and refiners…
British lawmakers approve a windfall tax on oil and gas producers.
The energy profits tax will target profits made from a spike in oil and gas prices, as demand for energy increases after the end of pandemic shutdowns and the start…
ECB apparently wants to limit banks’ windfall when interest rates are raised
The European Central Bank against dark clouds in Frankfurt. (picture from 2019) Ralph Peters / Imago (Bloomberg) The European Central Bank is looking into ways to prevent banks from reaping…
The war in Ukraine, a delayed windfall for American arms dealers
The thousands of missiles, drones and ammunition sent by the United States to Ukraine have not directly filled the coffers of American arms dealers, but the latter should profit in…
The war in Ukraine, a delayed windfall for American arms dealers
A Ukrainian soldier receives an American delivery of FGM-148 Javelins at Boryspil airport in kyiv on February 11, 2022 (AFP/Sergei SUPINSKY) The thousands of missiles, drones and ammunition sent by…
Market: The European Commission will propose a tax on windfall profits in the energy sector, according to a source
BRUSSELS (Reuters) – The European Commission will propose to its members to tax the profits that companies in the energy sector have made during the recent spike in gas prices…
Skiing in China, far from the hoped-for windfall for French companies
At Sunac Snow Park, an indoor ski resort, in Chengdu, Sichuan province, China, Nov. NOEL CELIS/AFP They dreamed of a big leap, but have to be content with a small…
Horoscope: 3 zodiac signs waiting for a windfall in 2022
Money, money, money! A real windfall awaits these 3 zodiac signs in 2022 © Dmitry Lobanov / Shutterstock How is the new year looking for you financially? The stars can…
Popcorn and sweets, a windfall for cinemas that becomes banned
Following the announcements of Jean Castex and Olivier Véran, we will no longer be able to eat or drink in dark rooms. A very profitable practice for cinemas. Popcorn, salty…