An extra 10 percent consumption tax will be imposed on “super luxury” vehicles to be sold in China, said the Chinese Ministry of Finance. Buyers of automobiles costing more than 1.3 million RMB ($188,852) will be hit with the tax starting Dec. 1. Source: People’s Daily
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The Dutch state raised about 1.48 billion euros ($1.68 billion) from selling an additional 7 percent stake in ABN Amro Group NV, taking advantage of steady demand for European bank stocks as it progresses toward full privatization. Source Bloomberg
On Tuesday at around 2:45 pm, less than half an hour after the start of the meeting in Bercy, which was supposed to bring together the State and the representatives of the workers in Creus, a number of the workers who remained there triggered several fires in the region. GM & S factory.A pungent odor of tires, pallets and cartons quickly invaded the hangars triggering all safety devices. Source Liberation
The rebound in China’s coal mining and consumption this year is temporary and will not have significant implications for China’s commitment to emissions reduction targets over the long run, said an environmental expert. Source People’Daily