Austria will introduce a tax of 3 percent of the online profits of internet giants, defined as companies with sales of more than 750 million euros (£677.7 million) a year, the Austrian Chancellor said on Thursday.
A California jury on Monday heard opening statements in the latest trial over allegations that Johnson & Johnson’s talc-based products, including baby powder, were contaminated with asbestos and cause cancer.
As Sears teeters on the brink of liquidation, its employees are pushing for a hardship fund they hope can replicate the success of bankrupt retailer Toys ‘R’ Us, whose workers collected $20 million in severance pay.
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes that an all-out trade war can be avoided.
Bangladeshi police used water cannons, tear gas and batons to disperse thousands of protesting garment factory workers on Wednesday, after they pressed their demands for higher wages by blocking roads for a fourth day.
Imports at major U.S. container ports are levelling off after retailers' months-long rush to bring in Chinese merchandise before higher tariffs hit, according to a retail trade report issued on Tuesday.
Japan's real wages rose the most in five months in November, reversing from a third straight month of drops, government data showed, raising hopes for stronger domestic spending to offset slowing external demand.