Automotive
German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to ...
Jul 21, 2021
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Business
US Treasury Secretary Janet Yellen said Thursday she is "not certain" if Amazon will have to pay up under a worldwide minimum tax she is encouraging countries, including her own, to adopt.
Jul 16, 2021
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Business
Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.
Jul 08, 2021
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Business
France said Wednesday it would make sure that internet commerce giant Amazon is subject to a minimum global tax endorsed by the Group of Seven wealthy nations.
Jun 09, 2021
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Business
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
Jun 09, 2021
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Business
A U.S.-driven effort to reach a global accord on taxing big tech companies' overseas profits is getting bogged down over ensnaring one firm in particular: Amazon.com Inc.
Apr 21, 2021
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Automotive
Stellantis CEO Carlos Tavares on Wednesday said the new car company formed from the merger of Fiat Chrysler Automobiles and PSA Peugeot would be a "disruptive" force in the industry, and that both sides would provide technologies ...
Mar 03, 2021
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Automotive
Japanese auto maker Nissan said Monday it is not in talks with Apple to develop self-driving cars, a week after Hyundai also denied reports it was discussing the top-secret project with the US tech giant.
Feb 15, 2021
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Business
General Electric scored higher fourth-quarter orders in key industrial segments as it reported a profitable 2020 and eyes further improvement in 2021, according to results Tuesday.
Jan 26, 2021
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Business
The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.
Nov 19, 2020
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