SMEs risk becoming irrelevant if they do not go green

Large companies have been at the forefront of making sustainability an important part of their business, and small and medium-sized enterprises are becoming increasingly aware of the importance of doing so. Yet many hesitate because of lack of knowledge and resources to take action. “SMEs are starting to prioritize doing so; they have started thinking, … Read more

Kenon sells part of Zim stake, plans $552m dividend

Kenon Holdings (TASE: KEN; NYSE: KEN), controlled by Idan Ofer, replenishes cash and plans a $ 552 million dividend through a capital reduction (subject to shareholders’ and court approval). Ofer, which owns 60.3% of Kenon, will receive $ 333 million. Ofer received a share of $ 114 million from the $ 189 million dividend that … Read more

Tesla and SpaceX CEO Elon Musk is now $100 billion richer than Amazon founder Jeff Bezos

Tesla’s and SpaceX’s CEO Elon Musk continues to increase his status as the world’s richest man as his net worth soars above the rest of the top earners in 2022. In the latest Forbes list, Musk increased its net worth to $ 282 billion, which is over $ 100 billion richer than Amazon founder Jeff … Read more

ASX set for positive start despite Wall Street wobbles

Wall Street ended its first week of losses in the last four with an up-and-down session as investors prepared for the Federal Reserve to tighten the brakes on the economy more aggressively to beat inflation. Large technology stocks once again led the market down and the S&P 500 fell by 11.93 points, or 0.3 percent, … Read more

Companies likely to face stiff queries from GST authorities

Companies need to prepare for some tough questions from the tax authorities for goods and services, as they are starting to review returns for the first time since the new indirect tax scheme was launched in 2017. On Sunday, the Central Board of Indirect Taxes & Customs (CBIC) rolled out a computer-assisted automatic selection of … Read more

Average US gas price drops 10 cents to $4.27 per gallon

CAMARILLO, California (AP) – The average U.S. price of a gallon of regular gasoline has fallen 10 cents over the past two weeks to $ 4.27 per gallon as oil prices continue to “yo-yo,” industry analyst Trilby Lundberg said Sunday. The price at the pump was 1.32 dollars above what it was a year ago, … Read more

Moody’s upgrades rating outlook for Israel

The international credit rating agency Moody’s has confirmed Israel’s sovereign rating to A1 and upgraded its rating outlook to “Positive”, thanks to Israel’s strong fiscal performance and the resilience of its economy. The upgrade of the outlook means that Israel’s rating may be raised at some point within the next two years. In July … Read more

Going ahead with stage 3 tax cuts would be irresponsible

The government is not only afraid to ask voters to pay for the government services they demand, it is trying to bribe the election by offering to make an unfunded reduction in the tax they pay, ie. add to the structural deficit and continued debt growth, both in dollars and in relation to the size … Read more

FPIs Turn Net Buyers in April So Far; Invest Rs 7,707 Cr in Equities

After a six-month sale round, foreign investors have turned net buyers in April so far by adding Rs 7,707 crore in Indian equities as a correction in the markets that gave them a good buying opportunity. Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said it would still be too early to call it … Read more

Etiam eu orci luctus est pulvinar egestas.

Etiam eu orci luctus est pulvinar egestas. Duis malesuada, justo et maximus malesuada, mi arcu pharetra justo, vitae tincidunt massa justo ornare massa. Cras quis urna at lectus ullamcorper posuere. Vestibulum tempus mauris magna, id consectetur dui dictum nec. Donec lacinia, quam blandit consectetur egestas, justo sem facilisis lorem, nec scelerisque erat lectus sed odio. … Read more