Business

G7 countries devise way to catch Amazon in tax net -sources

G7 states have found a way to include Amazon, one of the world’s biggest companies, on a list of 100 set to face higher taxes in the countries where they do business by targeting its more profitable cloud computing unit, officials close to the talks said.

U.S. to work with allies to secure electric vehicle metals

The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically in light of environmental and other competing interests, the White House said on Tuesday.

Stocks touch new highs as volatility eases, dollar gains

A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen before the coronavirus pandemic.

Qatar Airways halts A350 deliveries after jet surface problem

Qatar Airways said on Tuesday the surface below the paint on some of its Airbus (AIR.PA) A350s was deteriorating faster than expected and insisted it would not take more deliveries of the carbon-composite widebody jet until the problem was resolved.

Asia shares pare gains on caution, oil falls again

Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery.

G7 countries devise way to catch Amazon in tax net -sources

G7 states have found a way to include Amazon, one of the world’s biggest companies, on a list of 100 set to face higher taxes in the countries where they do business by targeting its more profitable cloud computing unit, officials close to the talks said.

U.S. to work with allies to secure electric vehicle metals

The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically in light of environmental and other competing interests, the White House said on Tuesday.

Stocks touch new highs as volatility eases, dollar gains

A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen before the coronavirus pandemic.

Qatar Airways halts A350 deliveries after jet surface problem

Qatar Airways said on Tuesday the surface below the paint on some of its Airbus (AIR.PA) A350s was deteriorating faster than expected and insisted it would not take more deliveries of the carbon-composite widebody jet until the problem was resolved.

Asia shares pare gains on caution, oil falls again

Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery.

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