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U.S. proposal for ‘optional’ tax reform no longer on the table: France’s Le Maire
PARIS (Reuters) – A U.S. proposal that the future international tax reform could be optional for companies is a “non-starter” and is no longer on the table, French Finance Minister Bruno Le Maire said on Friday. Le Maire was speaking after meeting OECD Secretary-General Angel Gurria to discuss global tax reform. He also said it […]
Power outages: Hawke’s Bay loses power for second time in a week
Some Hawke’s Bay residents have had their power cut off by Transpower for the second time in a week after another power surge. In a post on its Facebook page this morning, Transpower apologised to its consumers in Hawke’s Bay, saying it had an “issue with local generation”. It then had to ask providers Unison […]
Samsung Electronics shuts U.S. factory after two coronavirus cases
SEOUL (Reuters) – Samsung Electronics <005930.KS> said on Friday that it has suspended its home appliance factory in the United States after two of its workers had tested positive for coronavirus. The South Korean tech giant said its facility, located in Newberry County, South Carolina, is being “thoroughly cleaned and sanitized,” and will resume operation […]