Factbox: International tax faces biggest shake-up in decades under OECD plan

The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.

Multinationals face heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.

France's Le Maire urges global deal on tech tax after 'very good' proposals

France's Finance Minister Bruno Le Maire said proposals unveiled on Wednesday by the Organisation for Economic Cooperation and Development (OECD) for a global overhaul of digital taxation were "very good" and urged the body's members to reach a deal early next year.

Russian lawmakers look to ban e-mail users who share illegal content

A group of pro-Kremlin lawmakers has drafted legislation that would allow authorities to block individual e-mail or online messenger users who circulate banned content.

China's Hikvision sees only limited impact from U.S. blacklisting

Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.

High-tech jacket allows deaf people to feel the music

Twin sisters Hermon and Heroda Berhane love dancing but can't hear the music because they're both deaf, so the invention of a jacket with sensors that enables them to feel the different sounds has transformed their nights out in London clubs.

Air quality app back online in Vietnam after attacks over smog ranking

Independent online air quality index monitor AirVisual said on Wednesday its air quality monitoring app is available for download again in Vietnam after it suspended it in the face of a barrage of criticism from social media users.

Nordic banks agree to fund common payment service

Six of the Nordic region's biggest banks have agreed to invest in pan-Nordic instant payment system P27, aiming to integrate payment services in the region into a single platform to help boost business.

Multinationals face heftier tax bills under OECD proposals

Governments will get more power to tax big multinationals doing business in their countries under a major overhaul of decades-old cross-border tax rules outlined on Wednesday by the Organisation for Economic Cooperation and Development.

Mail.Ru and partners team up with Alipay for Russian payment JV

Russian internet company Mail.Ru said on Wednesday it had agreed a joint venture with Alipay, the mobile payments arm of Alibaba Group, along with the Russian Direct Investment Fund (RDIF) and two other Russian partners.

Australia's Afterpay names ex-Treasury Secretary Summers to U.S. advisory board

Australian buy-now-pay-later firm Afterpay Touch Group said on Wednesday that ex-U.S. Treasury Secretary Lawrence Summers will join its U.S. advisory board, along with former Reebok CEO Uli Becker, and former ModCloth CEO Matthew Kaness.

Bank of England sets out rules of engagement for Facebook's Libra

The Bank of England set out the rules of engagement that Facebook's Libra crypto-currency and other new digital payments providers would have to meet before they can open for business in Britain.

China's Hikvision says U.S. blacklisting could hurt in the short-term

China's Hikvision said on Wednesday a decision by the U.S. government to place it on a trade blacklist could have a short-term impact on the video surveillance company's performance.

China's Hikvision says blacklist could impact performance

China's Hikvision said on Wednesday a decision by the U.S. government to place it on a trade blacklist could have a short-term impact on the video surveillance company's performance.

NBA fans in China seek refund from Tencent as streaming suspended

Some Chinese National Basketball Association (NBA) fans have asked for streaming subscription refunds from exclusive service provider Tencent amid a deepening free speech row, a move that could cause the tech giant financial pain.

Patch Tuesday Lowdown, October 2019 Edition

On Tuesday Microsoft issued software updates to fix almost five dozen security problems in Windows and software designed to run on top of it. By most accounts, it’s a relatively light patch batch this month. Here’s a look at the highlights. Happily, only about 15 percent of the bugs patc...

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Alibaba to stop sales of e-cigarette components in United States

Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked to vaping.

Goldman evaluating role in China's Megvii IPO after U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.

Goldman evaluating role in Megvii IPO after AI firm put on U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.

Twitter says user data meant for security purposes may have been used for advertising

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.