Business
Latest stories
EU Aims to Tax Internet Giants at 'Two to Six Percent'

The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six percent on revenues in every country where they operate, French finance minister Bruno Le Maire said Sunday.

W140 Full Story
Ukraine Says Gas Shortage Fully Covered

Ukraine on Sunday said it had resolved its gas shortage caused by the refusal of Russia's Gazprom to restart natural gas deliveries.

W140 Full Story
Profits, Doubts in Equal Measure at Geneva Motor Show

This year's Geneva Motor Show comes at a curious time for an auto world enjoying record profits yet also gripped by doubt midway through the grand transition from diesel to electric and self-driving vehicles.

W140 Full Story
Trump Tariffs Spark Ally Anger, Stock Market Plunges

The Trump administration's plan to place tariffs on steel and aluminum sparked an outcry among major producing nations and stock market plunges Friday, fuelling fears of an imminent tit-for-tat trade war.

W140 Full Story
Renault-Nissan-Mitsubishi Alliance to Deepen Ties

Renault, Nissan and Mitsubishi said Thursday they would deepen their alliance as they sought to cut costs and increase output and remain the world's top car manufacturing group.

W140 Full Story
EU Approves Ray-Ban Maker's Merger with French Firm

The EU on Tuesday approved the proposed merger between French lens-maker Essilor and Luxottica, the Italian eyewear company that produces Ray-Ban and Oakley sunglasses.

W140 Full Story
Putin Aims to Halve 'Unacceptable' Russian Poverty Rate in 6 Years

Russian President Vladimir Putin said he aims to cut his country's "unacceptable" poverty rate in half over the next six years, in a state of the nation address on Thursday. 

W140 Full Story
Top Brewer AB InBev Posts Profit Surge for 2017

AB InBev, the world's biggest brewer, on Thursday posted a huge jump in net profit for last year, drinking in the synergies from its blockbuster acquisition of rival SABMiller in 2016. 

W140 Full Story
Toys'R'Us in UK 'Winds Down' as Retailers Hit Hard Times

The British arm of troubled retailer Toys'R'Us is winding down its activities, administrators said Wednesday as the U.S. firm faces pressure from rival stores and online giant Amazon.

W140 Full Story
India's Economic Growth Rises to 7.2%

India's growth accelerated sharply in the third quarter of the financial year, official data showed Wednesday, as Asia's third-largest economy turned a corner after a period of slower expansion.

W140 Full Story