South Koreaâs tax agency has launched an investigation into the local branch of US technology giant Google over allegations of tax evasion on the part of some local YouTubers, a move that signals stepped up government efforts to crack down on foreign tech firms long accused of taking a free ride on lax regulations.
The arrest of Huawei’s finance chief has stirred job insecurity among the Chinese company’s 1,500 U.S.-based workers, already uneasy about Washington’s campaign against their employer.
When a Chinese scientist claimed last month that he created the first genetically modified babies, scientists around the world were stunned and alarmed. Now, scientists who examined the very limited available data from the experiments are questioning whether the gene edits the scientist claimed he made were even successful.
General Motors Chief Executive Mary Barra faces bipartisan anger in Washington over the company’s plans to cut 14,800 jobs and close four plants despite robust profits and a strong economy.
MiMedx Group, a maker of tissue-graft products, called on two influential lawmakers for help. Now the actions of the lawmakers could prove embarrassing for them as MiMedx faces possible collapse.
Tensions between Nissan and Renault after the arrest of longtime alliance leader Carlos Ghosn show it has never been easy for the global auto industry to make mergers and partnerships work.
Sundar Pichai faced tough questions in a first public appearance before House lawmakers, who are increasingly skeptical of Silicon Valley giants on issues of privacy and political bias.
Verizon Communications is booking a $4.5 billion accounting charge related to its Oath media business, a sign its bet on high-profile internet properties and content several years ago hasn’t worked out as expected.
Prices for gas imported by Ukraine from European countries hit a record high in November, according to data published by the country’s State Fiscal Service. The gas is most likely Russian in origin resold to Kiev at a premium. Read Full Article at RT.com
Canada Goose stock saw a dramatic plunge after Chinese social media reportedly urged the country’s consumers to boycott the world-famous brand amid the recent detention of Huawei finance chief by Canadian authorities. Read Full Article at RT.com
The US House of Representatives is once again calling on the European Union to ban the Russia-led construction of the Nord Stream 2 natural gas pipeline and has called for sanctions against the project. Read Full Article at RT.com
Afghan authorities want to provide farmers with an alternative means of income, other than growing opium, by turning to the world’s most expensive spice. Read Full Article at RT.com
Mobile phone operator dtac has submitted its first instalment of Bt4.02 billion in the total Bt38.064 billion it will pay for the 15-year rights to the 900MHz spectrum that carries its services. The spectrum will be used by dtac Trinet until 2033. Under the licence from the National Broadcasting and Telecommunications Commission, dtac will be able to use the spectrum from Sunday onwards.
Small Modular Reactors could become crucial to power remote outposts and vessels as the Arctic race heats up. Read Full Article at RT.com
Norway has officially opened the longest suspension bridge above the Arctic Circle. The 1.5 kilometer span was built in cooperation with a Chinese company. Read Full Article at RT.com
Independent Russian gas producer Novatek announced the launch of the third train of its Yamal LNG (liquefied natural gas) Arctic project. Built in record time and on budget, the plant has now reached full capacity, the firm says. Read Full Article at RT.com
Janet Yellen, former US Federal Reserve chair, has warned that another financial crisis could be in the country’s future, due to ballooning corporate debt and regulatory impotence. Read Full Article at RT.com
The British pound fell again Tuesday due to mounting uncertainty over Prime Minister Theresa May's Brexit plan, while European bourses advanced amid bargain-hunting.
The Bank of France slashed in half its assessment of the national growth in the final quarter, saying that chaotic French protests are to blame for hampering business activity. Read Full Article at RT.com
As France reels from the chaos of the massive Yellow Vest protests, RT’s Boom Bust looks at the core of people’s discontent – and fuel tax hikes are just a tip of the iceberg. Read Full Article at RT.com
Russia’s gold production increased by three percent from January through September against the same period a year ago, according to the Gold Industrialists' Union. Read Full Article at RT.com
Venezuela’s National Assembly, an opposition-controlled legislative body, said annual inflation has reached 1,300,000 percent in November as the country struggles through its worst economic crisis ever. Read Full Article at RT.com
A top executive of Chinese telecom giant Huawei sought release from Canadian detention Monday, offering to submit to strict electronic monitoring, as Beijing escalates its protests over her arrest on a US warrant.
Asian equities struggled again Tuesday despite a bounce in New York as investors fret over a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-year lows on Brexit uncertainty.
Top journalists called on the EU Tuesday to resist intense lobbying by Internet giants to gut a law which would force them to pay for the news content they pick up.
Under Armour Inc. ousted two sports-marketing executives, according to people familiar with the matter, after the apparel brand conducted an internal review of their department’s spending.