Business

France approves five billion euro emergency loan for Renault

The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where the coronavirus crisis has compounded months of management turbulence and prompted ...

Business

Indonesia planning 10% tax on foreign digital services

Indonesia will slap a 10 percent value-added tax on the digital offerings of foreign companies from July 1, the finance ministry said, a levy that could apply to internet giants such as Spotify and Netflix.

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