Markets
European Union members seek more tax revenue from tech giants
European Union finance ministers are set to discuss changing rules so that tech giants such as Google or Facebook are on the hook to pay more taxes in Europe , according to an European Union document seen by AFP on Friday. Various reports have surfaced online in the past few years about tech companies being investigated for tax avoidance in various European nations for taking advantage of t... [Full Article...]
'It' Factor: Stephen King's Thriller Knocks 'Em Dead at the Box Office
The new freaky-scary film by that title broke records over the weekend as the largest September opening and largest opening for an R-rated horror film in North American theaters, industry websites reported Sunday. The Weinstein Co.'s Wind River rounded out the top five with $3.2-M for a domestic take of $25-M. After enduring the horror show known as the 2017 summer movie season, the North Amer... [Full Article...]
Supreme Court asks Jaypee to deposit Rs2,000 crore to protect homebuyers
A rather lengthy hearing in the Jaypeee Infratech case in Supreme Court today brought to fore the possible ambiguity in implementation of the new Insolvency and Bankruptcy Code. It had also asked the Attorney General to assist it in deciding a batch of petitions opposing the insolvency proceedings and seeking the protection of home buyers' interests. [Full Article...]
Putin warns of 'global catastrophe' over North Korea impasse
Drawing a parallel between US interventions against Saddam Hussein and Muammar Gaddafi and the current North Korean situation, Putin suggested that Pyongyang would abandon its nuclear weapons if the safety of the regime were guaranteed. [Full Article...]
Putin condemns North Korea test, says Trump 'not my bride'
Dozens have been injured in clashes between protesters and police in a South Korea farming village where the US military will begin installing additional launchers to a contentious USA missile defense system. He also said it was "ridiculous" that the United States first slapped Russian Federation with sanctions carried in the same bill that penalised North Korea , and "then asked us to help i... [Full Article...]
Petra Becomes Latest Firm To Face Trouble In Tanzania
Williamson is 25% government owned and Petra bought the majority stake from De Beers in 2009. A parcel of 71,654.45 carats of diamonds from the Williamson mine in Tanzania has been blocked from being exported to Petra's marketing office in Antwerp. [Full Article...]
Putin condemns North Korea's nuclear test, calls for talks
Haley made the comments at the end of an emergency UN Security Council meeting during which members condemned North Korea's latest nuclear test. U.S. President Donald Trump had also asked to be briefed on all available military options, according to his defense chief. [Full Article...]
Bitcoin Falls After Report Claims China Orders Exchanges to Shut
According to sources quoted by The Wall Street Journal , Chinese people were using bitcoin to bet against the value of the yuan and move money outside the country, and the authorities made a decision to issue the ban because the bitcoin market was creating "too much disorder". [Full Article...]