A new ruling from the Austrian finance court explains how value‑added tax can be handled on apartments that are part of hotel expansions. The case began when a hotel owner built an extension to his property that included one apartment. He wanted to know if the VAT paid on construction could be de
Scientists have looked beyond the usual parks and reserves to find other lands that could help wildlife survive. They called these places “Other Effective Area‑Based Conservation Measures” or OECMs. The idea is that some areas, even if not officially protected, still play a key role in keeping speci
Private‑credit lending, a fast‑growing but less visible part of finance, is now catching the eye of investors and banks alike. The sector, which lets private‑equity firms and other nonbank entities lend to companies such as software developers and auto lenders, has ballooned to about $3 trillion.
A mechanic in a small Cuban town has shown how people can make the most of scarce resources. He took an old Polish car and turned it into a vehicle that runs on charcoal instead of gasoline. The idea came from the fact that oil shipments to Cuba stopped last year, making fuel hard to find and expens
Scientists working behind the scenes aren’t waiting for politicians to act—they’re already using clever tricks to fix Earth’s big problems. One big issue they’re tackling is dirt. By 2050, some places might run out of healthy soil, which is like losing the foundation for growing food. Instead of jus
A private‑equity group is weighing the idea of selling a Texas‑based auto loan company that helps people buy cars on credit. The buyer could pay between $2. 5 billion and $3 billion, sources say. The company was bought by the group in 2021 from another major investor for an undisclosed sum. It wo
The Syrian government has decided to shut down alcohol sales in restaurants and bars across the capital city. The order, announced by the local governor on Monday evening, says that venues must change their licenses from “nightclub” or “bar” to “cafe. ” Only sealed bottles can be sold for take‑away,
A startup that helps sales teams with software has turned a small, experimental group into the engine of its AI growth. The squad, made up of highly skilled engineers who can think like customers, builds tools that solve real problems for users and keeps the company’s own staff up to speed with new
Triton Partners, a big name in European investments, just raised a huge amount of money. They got €5. 5 billion for their new big fund. That's a lot of cash! This is a big deal because not long ago, they had some issues. People were talking about their work culture, and it was hard for them to get n
The Pope has spoken out strongly, asking for an immediate stop to the fighting that is spreading across Iran and its neighboring areas. He described the violence as “atrocious” and said it has killed thousands of civilians, causing widespread pain. The Pope’s message comes as the war between the Uni
