Tech giants like Google, Facebook and Amazon could be forced to pay higher taxes in Europe as governments search for new revenue to deal with the Covid-19 crisis, CNBC has reported, citing its sources. “We
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Category: Business
Business News and Updates
Mark Hulbert: Hulbert: My stock market forecast for June is likely wrong — but watch out for August
Over the next three weeks at least, it’s unlikely that the stock market will break below its March 23 lows. In fact, the S&P 500 SPX, +0.23% is more than 30% higher than where it
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Lufthansa, German government agree on rescue package: dpa
FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March 24, 2020. REUTERS/Ralph Orlowski/File Photo BERLIN
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Nissan has not confirmed if plans to close Spanish plant: industry secretary
FILE PHOTO: A Nissan logo is pictured at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/File Photo (Reuters) – Nissan Motor (7201.T) has not confirmed whether it plans to close its plant in Barcelona,
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Japan lifts Tokyo’s state of emergency, eyes fresh stimulus
TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed
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India steps up efforts to lure companies moving out of China
Top policymakers in India have started discussions on a framework that will attract global investors looking to shift manufacturing to the South Asian country, a senior government official told The Economic Times. “This is needed
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Europe Markets: European stocks boosted by German data in holiday-thinned trading session
European stocks rose to kick off the week on Monday, with investors inspired by countries reopening from pandemic shutdowns, and an upbeat business sentiment survey out of Germany. But trade was thinner trade given holidays
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Europe Markets: European stocks climb in holiday-thinned trading session
European stocks rose to kick off the week on Monday, with investors looking to countries reopening from pandemic shutdowns. But trade was thinner trade given holidays in the U.K. and the U.S. The Stoxx Europe
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Asia Markets: Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Asian shares traded mostly higher on Monday, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Kong on Monday after
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Hong Kong shares ease on China-U.S. rift, dollar firms
SYDNEY (Reuters) – Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a new security law on Hong Kong heightened concerns about the
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