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G7 nations reach historic deal to make big multinationals pay fair taxes

The Group of Seven said it would back a minimum global corporation tax rate of at least 15%

Giant drone sculpture menaces New York City, with intent

The white sculpture of the predator drone stands out against the blue summer skies, appearing to hover over 10th Avenue, and rotating on its pole when pushed by the wind

It is 'plausible' coronavirus leaked from Wuhan lab, finds US study

US intelligence agencies are considering two likely scenarios - that the virus resulted from a laboratory accident or that it emerged from human contact with an infected animal

Biden administration sets up 'strike force' to go after China on trade

The "supply chain trade strike force," led by the US trade representative, will look for specific violations that have contributed to a "hollowing out" of supply chains

Websites back online after Fastly-linked glitch takes down internet

High traffic sites, including Reddit, Amazon, CNN, Paypal & Spotify, rumble back to life after Fastly linked disruption

Google says rival search engines can appear on Android in Europe for free

The changes will come into effect in September

World Bank boosts growth forecasts as US stimulus, vaccines stoke demand

Emerging markets excluding China are expected to grow 4.4% in 2021

Forex volatility falls to pre-pandemic lows as traders wait it out

The Deutsche Bank Currency Volatility Index hit its lowest since February last year.

SBI union, others urge RBI to scrap digital payments plan: letter

The letter urged the central bank to scrap the "whole process of NUE licensing"

Explained: What is a global minimum tax and what will it mean?

Major economies are aiming to discourage multinationals from shifting profits - and tax revenues - to low-tax countries regardless of where their sales are made.

US leisure, hospitality pay surges to a record. Now will workers come?

Hotels, restaurants and other businesses are boosting pay as they try to rebuild their staffs and meet increasing demand from Americans ready to venture out

Wall Street: Investors eye Washington talks after big rally in infra shares

Expectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and materials sectors

Microsoft blames error for no matching Bing images for Tiananmen 'tank man'

Users, including in the United Kingdom, Germany and Singapore, reported Friday that when they performed the search Bing returned the message, "There are no results for tank man"

Global stocks nearly grasp all-time record, dollar drops after US jobs data

A stronger-than-expected jobs report would have heightened worries that the Fed might contemplate paring back its bond-buying program and raising interest rates

Microsoft wins US antitrust okay for $16 billion purchase of Nuance

Microsoft Corp has won US antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications Inc, according to a filing made by Nuance to the government

Global M&A activity surges to record high for third straight month

During the five months, 428 deals worth over $1 billion were struck, compared to 131 during the same period last year.

German competition authority launches probe into Google's news showcase

Google said that its Showcase product, which was launched last autumn, was one of many ways it supported journalism

Wall Street rises as jobs report calms inflation worries

The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy

US job growth picks up in May; unemployment rate declines to 5.8%

Economists polled by Reuters had forecast 650,000 jobs created in May.

WHO warns of 'failure' unless rich countries speed up Covid vaccine sharing

WHO praises US plan to release doses early, says nearly $17-bn funding gap remains