The law, said to be one of the world's strictest, requires public country-by-country reporting to allow the tax office to assess if genuine business operations align with locations where profits are booked and taxes paid
Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD
The surprise New Year payout could amount to a one-time shot to the economy of $12-20 billion if all 48 million civil servants in the public sector collected on terms some outlined
Taiwanese officials maintain TSMC won’t begin producing 2nm chips the US before 2028 amid concern that the chipmaker could lose its geopolitical importance...
Crackdowns on scam centres near Thailand's borders with Myanmar and Cambodia led to the rescue of 7,200 people - and warnings of the threat they pose to countries in the West...
China said it plans additional tariffs of 10-15% on multiple farm and food products from America, plus restrictions on 25 US firms; Canada also retaliates with tariffs...
Japan's second-largest carmaker planned to make the next-generation Civic in Mexico, but sources now say it will be made in Indiana to avoid US tariffs...
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management....
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million....
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022...
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties...
State media outlet says "countermeasures" will likely include tariffs and non-tariff measures, with US agricultural and food products "most likely be listed"...
World stocks were on track for their worst week since mid-December, slumping more than 2% as threats of sweeping US tariffs unnerved investors...
Beijing defends its drug policies and vows retaliation after Trump says he'll impose an extra 10% tariff for insufficient progress on curbing the flow of fentanyl...
Sales of $7 billion worth of Chinese steel, processed by third countries and sold to the US, are at risk because of a wave of tariffs imposed by the US and many other countries...
The Elon Musk-led carmaker is finally set to enter the Indian market, a move it has delayed for years citing the country's high tariffs on imported EVs...
India's tussle with the German auto giant puts the spotlight on issues foreign firms face as they look to expand in the country, including long legal battles and sky-high tariffs...
Carmakers such as Toyota have been discussing 'End of Life vehicle schemes' with Thai officials to reduce old cars to help lift the sector out of a slump...
The FBI and blockchain analysts say a hacking unit backed by North Korea was behind the massive ByBit crypto heist that occurred last week...
TSMC and other chipmakers are watching Trump Administration moves closely amid reports the agency dispersing chip subsidies is set to be gutted by job cuts; Beijing says Taiwan is giving TSMC to the US like a 'souvenir'...