windfall

A representational image. — CanvaISLAMABAD: The Islamabad High Court (IHC) on Wednesday stayed the government’s decision to levy a windfall tax from banks for the revenues generated through foreign exchange transactions, a move that…

BEIJING: In an apparent rebuttal to criticism that its mega projects turned out to be debt traps for smaller nations, Chinese President Xi Jinping on Tuesday saluted the countries signed up for its flagship project Belt and Road Initiative…

Mattea Roach still gets around Toronto by subway. In a city where tear-down bungalows can sell for $1 million, Mx. Roach, who uses they/them pronouns, still shares an apartment with their brother despite having more than enough money to buy…

Representational image only. The government has hiked the windfall profit tax on crude oil produced in the country and on export of diesel, while bringing back the levy on overseas shipments of ATF.The tax, levied in the form of special…

When my colleague Norimitsu Onishi wrote about the matter early this year, there was a lot of suspicion, but little firm evidence, of undue development industry influence surrounding the process that led Doug Ford, Ontario’s premier, to…

NEW DELHI: An eight-fold surge in tomato pricesis making some Indian farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks.Retail prices of tomatoes were at 178 rupees ($2.20) a…

   The Ishpingo oil platform of state-owned Petroecuador in Yasuni National Park in Ecuador on June 21, 2023. — AFP Seven hundred and twenty-two of the biggest companies are making windfall profits of more than $1 trillion a year…

A recent report published by Oxfam and ActionAid shows that 722 of the world’s biggest corporations collectively earned more than $1 trillion in windfall profits each year since 2021. The massive boost in their revenues was supported by…

If Canada's Competition Bureau finds that grocery store giants are profiting excessively from food inflation, the federal government should consider slapping a windfall tax on those excess profits.That's one of the main recommendations put…

French club SC Malesherbois have received a payment from the FIFA Clearing House worth more than their annual budget for their role in developing a player sold to a top European club, world soccer's governing body said on Tuesday. FIFA's…