PARIS: France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy, its finance minister said on Thursday, adding such a tax had never been more legitimate or more necessary. Nearly 140 countries from the Organisation for Economic ......
Facebook and a team of African and global telecom majors have struck a deal to build one of the world's largest subsea cable networks, boosting internet availability across three continents, they said in a joint statement on Thursday.
President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make to push supply chains away from China and raise new trade barriers.
GENEVA: The World Trade Organization was expected Thursday (May 14) to announce the early departure of its director-general, creating shockwaves at a time when the COVID-19 pandemic is ravaging the global economy. Responding to questions about news reports that Roberto Azevedo was preparing to ...
German flagship carrier Lufthansa on Thursday said it would be offering 1,800 round trips a week to more than 130 destinations around the world by the end of June.
Nissan Motor may be looking at the possibility of closing its Barcelona factory but no final decision has been made as the Japanese carmaker plans a new global strategic direction, two sources with direct knowledge told Reuters.
Planemaker Airbus has told top staff that the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
WASHINGTON: New US claims for unemployment benefits continued to slow in the latest week but at 2.98 million showed the coronavirus pandemic continues to destroy jobs, according to government data released Thursday (May 14). The number of people filing for jobless benefits for the first time in ...
Nvidia Corp, whose semiconductors power data centers, autonomous cars and robots, said on Thursday it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.
Semiconductor firm Nvidia Corp on Thursday announced a new chip that can be digitally split up to run several different programs on one physical chip, a first for the company that matches a key capability on many of Intel Corp's chips.
