A report from The Telegraph stated, the UK treasury may back a global overhaul of corporate tax as outlined by U.S. President Joe Biden if the White House supports its demand to crack down on U.S. tech giants. Britain has… Read More ›
Entrepreneurship
Tires for cars and light trucks from Vietnam being unfairly subsidized by currency undervaluation: US Commerce Department
In a statement, the U.S. Commerce Department said, tires for cars and light truck from Vietnam are being unfairly subsidized given that its currency is undervalued. The development marks the first finding of its kind by the US Commerce Department…. Read More ›
EU-Britain tensions stem from Brexit, not from Northern Ireland protocol: Ursula von der Leyen
On Tuesday, the head of the European Commission said, tensions with Britain, a former EU member, stem from Brexit and not from issues surrounding the Northern Ireland protocol that has been agreed by both sides. After the first day of… Read More ›
Fully vaccinated Chileans can move freely within country while maintaining COVID-19 protocols
In a statement the Chilean government said, citizens who are fully vaccinated against COVID-19 will be allowed to move more freely within the country. The country has sealed its borders through mid-June in a bid to restrict fresh spikes in… Read More ›
9 New Billionaires In Pharma Industry Created By Covid-19 Vaccines
At least nine new billionaires were created by the covid-19 vaccines following surge in the shares of the companies producing the vaccines. Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which co-developed producing a vaccine with Pfizer,… Read More ›
European Commission launches preliminary investigation into Coca Cola
In a statement the European Commission said, they have launched a preliminary investigation into Coca Cola Co. “We can confirm that the Commission has sent out questionnaires, as part of its preliminary investigation into Coca Cola,” said the Commission’s spokeswoman… Read More ›
Danish Court Orders Carlos Ghosn To Pay Back $6 Million To Nissan And Mitsubishi
A court in Denmark ordered the fugitive former car executive Carlos Ghosn to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in relation to a case that he had brought. At the core of this… Read More ›
Tesla could establish presence in Russia: Elon Musk
On Friday, while adding an event via a video link, Elon Musk said Tesla was close to establishing a presence in Russia and was looking at options to see whether it could open a factories in the country. While Tesla… Read More ›
First quarter revenues of private jet company Wheels Up jumps by 68%
In a statement Wheels Up, a Private jet company, reported a whopping 68% jump in its first quarter revenues as well as a 56% bump in its active members, as a result of consumers opting to fly private due to… Read More ›
Byron Allen sues McDonald’s Corp for $10 billion for racial discrimination in allocating ad dollars
McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
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