The news, anew
أعلن وزير المالية الألماني، لارس كلينغبايل، أمس الخميس، أن الحكومة تتوقع إيرادات ضريبية العام المقبل أعلى مما كان مقدراً في السابق، موضحاً أن ذلك لن يوفر أي "مساحة جديدة للمناورة" فيما يتعلق بالإنفاق العام.
Business
Saudi consumer spending stays above $3bn as education transactions halve
Business
China's fiscal revenue increased 5.1% in the first nine months of 2026 from a year earlier, following a gain of 5.7% in the January-August period, the finance ministry said on Friday. In the January-September period, fiscal revenue totaled 17.2 trillion yuan ($2.58 trillion), with tax revenue growing 6.1% year-on-year and non-tax revenue expanding 1.2%. Fiscal expenditure was up 1.0% on the year in the period, slowing from a rise of 1.2% in the first eight months.
Business
Shares in Gucci owner Kering tumbled 12% on Friday after the group reported further sales declines, but said it would stick with CEO Luca de Meo's turnaround plan and accelerate store closures, aiming for 125 by year-end. The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China's tax crackdown on the wealthy, piled further pressure on the world's biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
