Wal-Mart Stores Inc. aims to deliver goods from its stores around the world to Chinese consumers within hours as the world’s largest retailer is making an ambitious push into e-commerce in China. As a part of a pilot project by… Read More ›
Day: October 20, 2016
Europe’s Tech Start-ups Getting More Venture Capital from the US
As increasing number of U.S. investors are finding Europe’s growing firms an attractive place to put money even as venture capital (VC) investment into the region’s tech start-ups slumped sharply in the third-quarter due to uncertainty around Brexit. According to data… Read More ›
Germany’s transport and pharma industries to bear the brunt of Brexit – Survey
Smaller European countries such as Switzerland, Netherlands and Belgium are likely to take a bigger hit since their industry and commerce isn’t as diversified as Germany’s. As per the results of a study in Germany, the country’s transport and pharmaceutical… Read More ›
New draft law aims to plug tax loop holes frequently used by MNCs in EU
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
Chinese foreign currency regulator busts underground bank transactions worth $148 billion
With the yuan trading at a 6 year low against the greenback and with the Chinese economy still loitering in the doldrums, regulators are especially eager to clamp down hard on the rabid underground economy. Financial News has reported, citing… Read More ›
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