France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…
Reviewing the ID.3, Volkswagen’s new electric car offering, Germany’s Auto Motor und Sport said, it falls short of the carmaker’s usual standards of fit and finish; also it had a limited operating range. The review comes ahead of the launch of the ID.3 “The inner side of the hood looks like it was painted with…
Portland has voted for the first ever ban on facial recognition in the United States in private entities, including restaurants and retail stores, as well as in public places in the city. Portland’s city council voted to ban local government bureaus from acquiring or using facial recognition surveillance technology. Other U.S. cities which have previously…
A new research has found that in addition to the Amazon rainforest in Brazil, the phenomenon of trees live fast and die young as it happens in the warm climatic regions happens across all latitudes. And according to the new research, this trend can spell bad news for tackling the global climate crisis. Warmer conditions…
Global economic growth for the rest of the current century could be lower by 1.5 per cent on the average because of the interruption to children’s schooling in the wake of the novel coronavirus pandemic, warned the Organization for Economic Cooperation and Development. For the United States, this projected loss of gross domestic product, which…
In a statement, Volkswagen’s Chief Executive Herbert Diess made it clear that it has currently no plans to develop deeper ties with U.S. rival Tesla Inc. The move is aimed at ending speculation that the world’s largest carmaker, which is on a drive to push for mass production of electric cars, has plans to tie-up…
On Tuesday, in an interesting turn of events, China unveiled its global data security initiative to oppose data theft by using information technology to undermine key infrastructure, and forcing companies to store data generated overseas in their home country. In a statement, China’s State Councillor Wang Yi said, the initiative calls for tech companies to…
Researchers at the Institute of Strategic Dialogue (ISD) have discovered one of the largest collections of online material reportedly owned by the group calling itself Islamic State. With an estimated 10,000 unique visitors a month, more than 90,000 items are contained in the digital library. This is one of the ways that extremist content on…
Following incidents when thousands of Americans received unwanted and un-purchased packages containing seeds in their mailboxes, most of which were traced back to China, e-commerce company Amazon.com has now banned the sale of foreign seeds in the United States. The unwanted and unsolicited bags contained seeds for more than a dozen plant species ranging from…
In a significant development, Samsung Electronics has won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States. The development marks the bagging of a major order by the South Korean company in the burgeoning 5G telecommunications market. The company’s global prospects have risen significantly following U.S. sanctions on Huawei,…
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