Business

European leaders seek greater taxes for digital giants

European leaders seek greater taxes for digital giants

As reported by the Financial Times , the ministers wrote: " The amounts raised would aim to reflect some of what these companies should be paying in terms of corporate tax ". The ministers now want to propose an "equalization tax", so the companies' tax rates are back in line with normal corporate rates. Instead, in the proposal, large digital businesses would be liable to pay corporate tax in the countries where they make profits, not only where they are present.


Tanzania confiscates $33.7 million worth of diamonds

Tanzania confiscates $33.7 million worth of diamonds

The mine is held 75 percent by Petra and 25 percent by the Tanzanian government. The Williamson mine accounted for 18% of Petra's revenue past year. Petra confirms that all operations related to the mine are conducted in a transparent manner and in full compliance with legislation in Tanzania and the Kimberley Process .



"It" pulls in $117 million, sets box office records

Even at its lowest, IT will be poised to at least see a profit, and will certainly help the summer box office , which has seen its worst summer in ticket sales since 2006. Otherwise, " Dunkirk " is closing in on $500 million worldwide after picking up an additional $13.5 million from 52 territories overseas. With viewers searching for a blockbuster, IT certainly delivered, capping off its stellar word of mouth with an impressive 86 percent Rotten Tomatoes score to seal the deal as a ...


China demands

China demands "immediate stop" to THAAD deployment

But Nebenzia said Russian Federation would welcome other initiatives, noting that the Swiss have offered to mediate, and "if that works, I'll be happy". His remarks were made on the sidelines of an economic forum in the Russian port city of Vladivostok which is also being attended by Russian President Vladimir Putin and South Korea's Moon Jae-In.


Putin: Russia will not Recognize North Korea as a Nuclear Power

Putin: Russia will not Recognize North Korea as a Nuclear Power

On Monday, in an emergency meeting of the United Nations Security Council, U.S. Ambassador to the UN Nikki Haley continued the ridiculous rhetoric by saying that North Korea was " begging for war ". Diplomats have said the UN Security Council could consider banning North Korean textile exports, barring its airline and stopping supplies of oil to the government and military.