MANILA: A proposed Bill that will allow the Philippines to tax tech giants like Facebook, Alphabet’s Google and Youtube, and Netflix, moved a step closer to becoming a law after a lower house committee approved it on Wednesday (Jul 29). The Bill, which aims to raise 29 billion pesos (US$590 […]

SEOUL: South Korea said it is investigating suspected safety issues with vehicles made by US automaker Tesla, which is competing strongly with Hyundai Motor in the South Korean electric vehicle market. Braking and steering systems including the Autopilot function were part of the investigation, a transport ministry official said on […]

FRANKFURT AM MAIN: Germany’s finance and economy ministers will be grilled by lawmakers on Wednesday (Jul 29) about the massive fraud scandal that brought down payments provider Wirecard, amid criticism that authorities failed to act on early warning signs. Wirecard filed for insolvency last month after admitting that €1.9 billion […]

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