The issue of taxing internet giants could take the United States and Britain on a collision course. Starting from 2020, all large search companies, social media platforms and online marketplaces operating in the United Kingdom would be levied a tax… Read More ›
Regulations & Legal
Indian government reins in auditing firms KPMG & Deloitte to global accounting standards
The Indian government has banned Deloitte Haskins & Sells LLP from doing business in the country following allegations of shoddy work and non-compliance to global accounting standards. In a significant development, Indian authorities have told a tribunal, Deloitte Touche Tohmatsu’s… Read More ›
Despite US Threats, New Tax On Tech Giants Passed By France
Despite retaliatory threats from the United States, a digital services tax has been approved by the French government. The US has been opposing the plan because it claims that the tax would unfairly target US tech companies. US based largest… Read More ›
Mexico Exports Record Vehicles Into US In H1 Of 2019
Most of the major auto companies of the world had got very concerned after the threat in early June of this year from United States president Donald Trump about imposing high tariffs on all products imported from Mexico over what… Read More ›
Ahead Of Indo-US Trade Talks, Trump Issues Tariff Threat To New Delhi
United States president Donald Trump has again warned India that the US does not like the tariff regime in the country even as trade talks between representatives of the two countries is set to start in New Delhi. “India has… Read More ›
Will defend Brexit’s Irish backstop: Ursula von der Leyen
The stance taken by Ursula von der Leyen, a nominee for the next president of the European Commission, is likely to increase the chances of a hard Brexit. Ursula von der Leyen, the nominee for the next president of the… Read More ›
Capitol Hill to witness key antitrust hearings next week
Representatives from tech giants, such as from Google, Amazon, Apple and Facebook, are set to testify before a House of Representatives congressional committee on June 16. The The hearing will discuss the formidable market power wielded by online platforms. In… Read More ›
Rise In E-Scooter Demand In Europe To Benefit Swedish Sharing Startup
A small and recently set up startup of Sweden – VOI, is anticipating to hit a positive cash flow for its ride sharing business because of a growing numbers of young people who are making use of hired electric scooters… Read More ›
Italy Could Be The Source Of The Next Euro Crisis
The economic health of Italy has become a cause of concern for European economists as well as other members of the European Union because many see the next euro zone crisis potentially originating from the country. Currently the debt to… Read More ›
Japan’s High Tech Trade Dispute With South Korea Explained
The recent decision of Japan to put a cap on the exports to South Korea of high-tech materials used in smartphone displays and chips reflects how the third largest economy of the world dominates the global supply chain of such… Read More ›