February 16, 2020

Amazon, Flipkart seek rollback of new Indian tax on online sellers

Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of […]
February 16, 2020

Regulators should allow RTL and ProSieben to merge: Rabe

The head of publisher Bertelsmann said its TV arm RTL should be allowed to merge with German rival ProSiebenSat.1 , to give them a fighting chance […]
February 16, 2020

Carrefour to buy 30 stores in Brazil from rival Makro

The Brazilian unit of France’s Carrefour SA has agreed to buy 30 stores from rival retailer Makro’s Brazilian subsidiary, Makro said in a statement on Sunday. […]
February 16, 2020

Lebanon’s MEA to require payment in dollars as crisis bites-report, source

Lebanon’s state-owned carrier Middle East Airlines (MEA) will only accept payment in U.S. dollars from Monday, the National News Agency reported, as the country grapples with […]
February 15, 2020

U.S. weighs blocking GE engine sales for China’s new airplane: sources

The U.S. government is considering whether to stop General Electric Co from continuing to supply engines for a new Chinese passenger jet, according to people familiar […]
February 15, 2020

Toyota to resume China output at three plants next week

Toyota Motor Corp said on Saturday it plans to resume output at three of its four main auto plants in China next week. Powered by WPeMatico
February 15, 2020

Factbox: Carmakers look to resume China output after virus forced closures

Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus. […]
February 15, 2020

Treat us like something between a telco and a newspaper, says Facebook’s Zuckerberg

Online content should be regulated with a system somewhere between the existing rules used for the telecoms and media industries, Facebook CEO Mark Zuckerberg told global […]
February 15, 2020

Rebuffed by UK, U.S. pitches ‘big tent’ for Huawei rivals in Europe

The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain’s decision to use 5G equipment made […]
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