Korean workers who were once forced to work for the Japanese company Mitsubishi during the colonial-era now want a court to pass a verdict which would allow compensation of their ordeals for forced labor back then from the sale of assets of their former Japanese employer. It has been years that the issue has been…
After France decided to impose a tax on tech giants for revenues made in the country – which would impact American tech companies such as Google and Facebook, and Britain introducing a very similar bill in its parliament, a formal investigation into some activities of the American e-commerce giant Amazon has been now launched by…
The plan of United States tech giant Google to launch a search engine limited by censorship in China has been cancelled by the company, said an official of the company. The project faced criticism from various corners including in the US and had collected some controversy. While there were reports that had suggested that the…
Johnson & Johnson has been facing a tough time after allegations that its talc-based baby powder was cause of ovarian cancer and mesothelioma leading to multiple court cases. The company has also been facing charges that it was behind the opiod crisis in the United States. The company however has pledged to create a solid…
The Swedish furniture company Ikea is on a cost cutting spree and would be shutting down its only factory in the United States in December this year. The factory is situated in Danville, Virginia and all production work in the factory would be shifted to Europe. The company says that the logic behind the decision…
The French government is all set to impose a revolutionary “eco tax” on all each and every flight that leaves any of the airports in the country, the government has said. The French Transport Minister Elisabeth Borne said that starting 2020, €180m ($202m; £162m) is expected to be generated annually from the tax. The government…
Following a massive 20 years of negotiations, a huge trade deal has been struck between the European Union and the South American economic bloc Mercosur. This was the largest trade deal ever for the EU, said the block’s Commission chief Jean-Claude Juncker and added that the two parties have shown that “we stand for rules-based…
