Spain plots 100pc property tax to block expats from buying homes

Spain plots 100pc property tax to block expats from buying homes

Spain Property Tax British expats will be forced to pay 100pc tax on their holiday home in Spain under new measures to fix the country’s housing crisis. Spanish prime minister, Pedro Sánchez, announced 12 reforms amid an ongoing row over the impact of foreigners on local house prices. This includes the introduction of a tax … Read more

Traders Brace for Biggest S&P Earnings-Day Reactions Ever

Traders Brace for Biggest S&P Earnings-Day Reactions Ever

(Bloomberg) — Traders are bracing for one of the most volatile earnings periods in stock market history. Most Read from Bloomberg At least that’s what they are positioning for two days before big banks kick off the reporting cycle in the US. Options traders expect individual stocks in the S&P 500 Index to move 4.7% … Read more

Exclusive-Investor climate group suspends activities after BlackRock exit

Exclusive-Investor climate group suspends activities after BlackRock exit

By Simon Jessop and Ross Kerber LONDON/BOSTON (Reuters) – A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a political backlash in the United States. BlackRock, which manages some $11.5 trillion inassets, left … Read more

US IPO Market Rebound Faces a Reality Check as Yields Spike

US IPO Market Rebound Faces a Reality Check as Yields Spike

(Bloomberg) — Dealmakers, who were gearing up for a busy year of initial public offerings, have already been confronted by a formidable challenge: rising Treasury yields that could deflate enthusiasm for new listings. Most Read from Bloomberg US IPO volume in 2025 was expected to return to prepandemic levels after stocks closed out the best … Read more

Warrington charity praises ‘heroic’ staff for keeping vital service running in snow

Warrington charity praises ‘heroic’ staff for keeping vital service running in snow

A WARRINGTON organisation has praised its staff for enabling the site, which offers vital support and learning to adults with additional needs, to stay open through the snow and icy weather. Walton Lea Partnership, based in Higher Walton, offers young individuals and adults who have learning disabilities an opportunity to learn and work in the picturesque … Read more

Operation to pull out illegal miners from abandoned S. African pit

Operation to pull out illegal miners from abandoned S. African pit

Rescuers and South African Police Service (SAPS) officers carry remains in blue body bags during the rescue operation (Christian Velcich) Rescuers on Monday hoisted seven illegal miners and at least four bodies from an abandoned South African gold mine amid claims that hundreds were still underground and many had died. A professional mine rescue company … Read more