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China rolls out VAT system aimed at cutting business costs

April 30, 2016
The world’s second-largest economy is stumbling through its slowest growth in a quarter century but is continuing with tough reforms in its transition to a services-oriented economy from one powered by manufacturing. The government first began …
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Full field set for Laguna Seca

April 30, 2016
Ben Keating and Jeroen Bleekemolen in the No. 33 Riley Motorsports ViperExchange.com Dodge Viper GT3-R will be joined by Dan Knox in Long Star Racing’s No. 80 ACS Manufacturing Dodge Viper.
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Paring logistics costs can help India save up to $50 billion, says study

April 30, 2016
“With expected inflow of new investments owing to government’s thrust on promoting domestic manufacturing sector, India’s cargo and logistics industry is likely to clock a compounded annual growth rate of about 16 per cent during the course of next few …
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China replaces all business tax with VAT scheme

April 30, 2016
China’s service sector is increasingly picking up the slack of manufacturing as it shifts towards a more sustainable growth driven chiefly by consumer demand. Expanding VAT to more service sectors is also part of the supply-side structural reforms …
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James Bond meets Samuel Colt: Seeking to build a safer gun

April 30, 2016
Among them is cost. Modernizing gun manufacturing would mean higher prices for smart weapons. Then there’s politics. The industry is concerned that success with the technology would encourage the government to mandate it. And the powerful gun lobby raises …
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China Factory Gauge Firms as Stimulus Buoys Old Growth Drivers

April 30, 2016
The manufacturing purchasing managers index stood at 50.1 last month, the nation’s statistics agency said Sunday, compared with 50.2 in March and a median estimate of 50.3 in a Bloomberg News survey of economists. The non-manufacturing PMI was at 53.5 …
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China’s manufacturing activity expands at slower pace

April 30, 2016
Beijing: China’s manufacturing activity expanded slower than expected in April, raising more doubts about the recent recovery in the world’s second-largest economy grappling with the worst slowdown in 25 years. The purchasing managers’ index (PMI …
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Indiana primary candidates key in on manufacturing

April 30, 2016
And every candidate has something to say about manufacturing. Democrat Hillary Clinton promised “a manufacturing renaissance” as she toured Munster Steel Co. in Hammond and AM General in Mishawaka. Her challenger, Bernie Sanders, called for an end to …
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AUSTRALIAN DIARY: Everything you need to know about the week ahead for markets

April 30, 2016
Globally it’s PMI week when traders take the pulse of the world’s manufacturing and services industries and of course, the big daddy of data is out Friday night Australian time with the release of the latest update of US non-farm payrolls. But as well …
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Seize US ships in Persian Gulf: Iran paper

April 30, 2016
In 2012, President Barack Obama issued an executive order blocking all of Central Bank of Iran’s assets held in the US in order to prevent Tehran from repatriating them. At the same time, Congress passed a law which included a provision making it easier …
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