Britain said on Monday it would consider opposition to its plan to impose a new digital tax on big tech companies like Google, Facebook and Amazon as part of its ambition to agree a free trade deal with the United States.
Office-sharing startup WeWork named former Baker Hughes executive Kimberly Ross as its new chief financial officer on Monday, weeks after it appointed Sandeep Mathrani as its chief executive officer.
China's JD.com Inc on Monday forecast at least a 10per cent rise in revenue for the coronavirus-hit first quarter after posting better-than-expected quarterly results, sending its shares up about 6per cent in premarket trading.
Asia's factories took a heavy hit in February from the coronavirus outbreak with activity in China shrinking at a record pace, business surveys showed on Monday, adding to fears the crisis risks triggering a global recession.
Goldman Sachs Group Inc has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters.
Amazon will on Thursday seek to overturn an EU order to repay about 250 million euros (US$277 million) in back taxes to Luxembourg at Europe's second-highest court, one of a series of high-profile cases marking the bloc's crackdown on unfair tax deals.
PARIS: The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday (Mar 2) as it lowered its global GDP forecast by half a percentage point to 2.4 per cent, the lowest rate since the 2008-09 financial crisis. That forecast assumes the virus...
Pekka Lundmark will take over as Nokia chief executive in September to lead the former handset giant in its battle for the fast-growing 5G networks business.
Middle East governments should consider providing support to airlines to help them manage the impact of the coronavirus outbreak, which has led to a raft of flight cancellations, the industry's largest global body said on Monday.
With Chinese consumers hit by quarantine and travel restrictions as well as just wary about venturing out to the shops due to the coronavirus epidemic, companies in the world's most populous nation are experimenting with new tricks to make sales.
