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Financial services

Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown

The Royal Caribbean cruise ship 'Explorer of the Sea'.Getty ImagesShares of cruise lines tumbled Thursday after Commerce Secretary Howard Lutnick suggested the Trump administration would crack down on taxes paid by the companies."You ever see a cruise ship with an...

Sports

A-Leagues boss Nick Garcia departs in shock mid-season leadership shake-up

A-Leagues commissioner Nick Garcia has departed his role in a shock mid-season leadership change at Australian football’s struggling domestic competitions.Garcia’s departure was confirmed on Thursday, with Australian Professional Leagues chairman Stephen Conroy announced as executive chairman.The surprise move came just...

Retail

Maritime carbon tax 'matter of survival' for Pacific isles

LONDON: Establishing a carbon tax on maritime transport is a "matter of survival" for the Pacific islands, a representative of the region said Wednesday at a International Maritime Organisation meeting.An IMO working group in London this week discussed measures to...

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