Business

Taiwan proposes $7.5 bln in spending as domestic COVID-19 cases rise

Taiwan’s government proposed on Thursday an extraT$210 billion ($7.52 billion) in spending to help the economy deal with the COVID-19 pandemic, as it reported 13 new domestic cases amid a rare spike in infections that has spooked the stock market.

Digital coin ether hits record high as 2021 gains near 500%

Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500% on the back of a growing interest in decentralised finance applications and increasing institutional interest in cryptocurrencies.

Amazon wins court fight against $303 mln EU tax order

Amazon (AMZN.O) on Wednesday won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe’s second highest court dealt a blow to the bloc’s efforts to make multinational corporations pay more tax.

Australia’s Star eyes Crown in $7 bln play, vies with private equity

Australian casino operator Star Entertainment Group (SGR.AX) on Monday proposed an all-stock buyout of larger rival Crown Resorts Ltd (CWN.AX) that it valued at A$9 billion ($7 billion), taking on two private equity giants for control of the troubled company.

Taiwan proposes $7.5 bln in spending as domestic COVID-19 cases rise

Taiwan’s government proposed on Thursday an extraT$210 billion ($7.52 billion) in spending to help the economy deal with the COVID-19 pandemic, as it reported 13 new domestic cases amid a rare spike in infections that has spooked the stock market.

Digital coin ether hits record high as 2021 gains near 500%

Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500% on the back of a growing interest in decentralised finance applications and increasing institutional interest in cryptocurrencies.

Amazon wins court fight against $303 mln EU tax order

Amazon (AMZN.O) on Wednesday won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe’s second highest court dealt a blow to the bloc’s efforts to make multinational corporations pay more tax.

Australia’s Star eyes Crown in $7 bln play, vies with private equity

Australian casino operator Star Entertainment Group (SGR.AX) on Monday proposed an all-stock buyout of larger rival Crown Resorts Ltd (CWN.AX) that it valued at A$9 billion ($7 billion), taking on two private equity giants for control of the troubled company.

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