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Business 25 Mar 2021 | 7:00 AM

Tax cuts for small and micro firms extended

BEIJING: China will extend the duration of several temporary tax relief measures to offset the impact of the Covid-19 pandemic and further support small and micro enterprises, according to government officials.

World 15 Jan 2021 | 3:54 AM

Roundup: U.S. weekly jobless claims soar to nearly 1 million amid COVID-19 spikes

WASHINGTON, Jan. 14 (Xinhua) -- Initial jobless claims in the United States soared to 965,000 last week, indicating severe disruption to the labor market recovery by COVID-19 spikes, the Labor Department reported Thursday.

World 25 Nov 2020 | 12:53 AM

UK car industry to risk 55.4 bln pounds loss under "no-deal" scenario: trade association

LONDON, Nov. 24 (Xinhua) -- The British automotive industry is estimated to witness 55.4 billion pounds (around 73.8 billion U.S. dollars) loss over the next five years if no trade deal is struck between Britain and the European Union (EU), the British Society of Motor Manufacturers and Traders (SMMT) said Tuesday.

World 06 Nov 2020 | 5:43 AM

U.S. weekly jobless claims total 751,000 amid slowing recovery

WASHINGTON, Nov. 5 (Xinhua) -- The number of initial jobless claims in the United States totaled 751,000 last week, as the labor market continues to recover at a slowing pace, the Labor Department reported on Thursday.

World 30 Oct 2020 | 4:06 AM

U.S. weekly jobless claims fall to 751,000 amid slowing recovery

WASHINGTON, Oct. 29 (Xinhua) -- The number of initial jobless claims in the United States fell to 751,000 last week, as the labor market continues to recover at a slowing pace, the Labor Department reported on Thursday.