France’s finance minister said on Thursday that major challenges for France is being posed by the way large U.S. firms are taxed in the European Union. An “equalization tax” for tech companies across the EU — a potential new policy… Read More ›
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Exiled Chinese Billionaire Warns Of Spy Infiltration In US As His Home Country Seeks His Arrest
Warnings of a wave of Chinese spies being dispatched to the United States in recent months were issued by a controversial Chinese billionaire in self-imposed exile who also added that the a small clique of corrupt “kleptocrats” running China, while blasted… Read More ›
End To Worst Downturn In History Envisioned By Offshore Rig Firms
Led by oil firms’ growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among drillers hoping to profit, executives said that demand for offshore rig rental globally is starting to recover from its worst ever downturn. Energy companies are… Read More ›
Allow Withdrawals And Avoid Capping Medical Device Prices: U.S. Pressing India For
The United States wants India to withdraw products from the market if they do not wish to sell at government determined rates as the Washington presses New Delhi not to extend price caps on medical devices, said a U.S. trade… Read More ›
Bombardier-Boeing Trade Dispute Finds Britain’s May Fires Warning To Boeing
The commercial relationship that U.S. planemaker Boeing has with Britain was being undermined by the planemaker’s behaviour in a trade dispute with Canada’s Bombardier, U.K.’s Prime Minister Theresa May has said. After a complaint by Boeing led to the U.S…. Read More ›
UBS Says At Risk Of Being A Bubble Are Toronto, London And These Other Major Housing Markets
In some cities around the world, the rise of home prices is astonishing even as such price rise is being witnessed in most major cities around the world. The home prices are at a far greater risk of correction when… Read More ›
Putin Helped To Thwart Spies By Natalya Kaspersky’s Snoop-Proof Phone
Seeking to capitalize on the country’s tensions with the U.S., a smartphone that prevents Google and other apps from snooping on users is to be introduced by a Russian security company run by Kaspersky Lab’s co-founder. The Taiga phone has been… Read More ›
After Boeing Complains They Were Unfairly Subsidized By Canada, US Slaps High Duties On Bombardier Jets
A costly trade war between the U.S. and its neighbor to the north – Canada, can be the result of a ruling by the U.S. Commerce Department about the alleged subsidies for airplanes built in Canada. There have been allegations made by… Read More ›
While Timing Remains Uncertain, China’s First Local Government Bond Is Expected To Default According to Fitch Ratings
Amid persistent concerns over high debt levels in the world second largest economy, Fitch Ratings said in a press release issued on Sunday that China may witness its first local government bond defaults, although the timing was uncertain. Created by local authorities to bypass… Read More ›
More Protection For Uber-Style Jobs Sought By EU
In order to try to tackle growing social inequality, rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts is sought to be better protected more social protection and rights by the European Commission…. Read More ›
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