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Qurate Retail names next president and CEO

Qurate Retail names next president and CEO

The Englewood, Colorado-based parent company of retail platforms including QVC and HSN announced on Tuesday that David Rawlinson II will be joining the group as president and CEO on October 1, 2021.
Fashion
Crocs teams up with Gen.G Esports for Minecraft competition

Crocs teams up with Gen.G Esports for Minecraft competition

The footwear brand has joined forces with the global esports organization in order to celebrate the release of its All Family Tie-Dye collection with a build competition in popular sandbox video game Minecraft.
Fashion
Global corporate tax overhaul faces rocky road to completion

Global corporate tax overhaul faces rocky road to completion

A long road strewn with potential political pitfalls lies ahead for countries seeking to end a race to the bottom on international corporate tax, even though many have agreed to overhaul the way multinationals are taxed.
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Afterpay's move to open to major U.S. merchants will boost margins, analysts say

Afterpay's move to open to major U.S. merchants will boost margins, analysts say

Afterpay’s move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday.
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YouTube wins user copyright fight in top EU court ruling

YouTube wins user copyright fight in top EU court ruling

Google's YouTube has scored a win in its latest copyright-infringement challenge.
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Facebook launches ads globally for Instagram Reels

Facebook launches ads globally for Instagram Reels

Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday.
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Big Tech in focus next week as U.S. House panel votes on new bills

Big Tech in focus next week as U.S. House panel votes on new bills

The U.S. House Judiciary Committee will vote next week on a package of recently introduced antitrust bills including several targeting the market power of Big Tech, committee chair Jerry Nadler said on Wednesday.
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White House says G7 leaders will endorse proposed 15% global minimum corporate tax

White House says G7 leaders will endorse proposed 15% global minimum corporate tax

G7 leaders meeting in Britain will endorse U.S. President Joe Biden's proposal for global minimum tax of at least 15% on corporations, White House national security adviser Jake Sullivan said on Twitter on Friday. 
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G7 global tax plan may hit corporate titans unevenly

G7 global tax plan may hit corporate titans unevenly

An agreement by wealthy nations aimed at squeezing more tax out of large multinational companies could hit some firms hard while leaving others relatively unscathed, according to a Reuters analysis.
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ByteDance launches Volcano Engine brand to offer TikTok 'secret' to businesses

ByteDance launches Volcano Engine brand to offer TikTok 'secret' to businesses

ByteDance launched on Thursday its new Volcano Engine brand to offer the proprietary algorithm used to power TikTok's personalised recommendations to more corporate clients.
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Biden drops Trump attempt to ban TikTok, WeChat; orders new review

Biden drops Trump attempt to ban TikTok, WeChat; orders new review

President Joe Biden on Wednesday withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department review of security concerns posed by those apps.
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Covid-19: what was the impact on European commercial-street footfall in 2020?

Covid-19: what was the impact on European commercial-street footfall in 2020?

The main shopping streets in western European countries recorded downturns in footfall in 2020 ranging between 26.4% and 40%. In France, the number of store visitors fell by nearly 50%, according to a study.
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Big tech supports global tax, but wants digital services levies axed

Big tech supports global tax, but wants digital services levies axed

U.S. tech giants could benefit from the agreement of the G7 rich countries' agreement to create a global minimum 15% corporate tax rate if the final deal also scraps increasingly popular digital services taxes
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Google to change global advertising practices in landmark antitrust deal

Google to change global advertising practices in landmark antitrust deal

Google said it would make changes to its global advertising business to ensure it did not abuse its dominance, bowing to antitrust pressure for the first time in a landmark settlement with French authorities. 
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Anti-poverty groups criticise rich countries over G7 tax deal

Anti-poverty groups criticise rich countries over G7 tax deal

Anti-poverty campaigners on Monday criticised a deal reached by seven wealthy countries to impose a minimum tax on multinational companies, saying it would benefit rich nations at the expense of the poor.
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Shares in U.S. tech giants a notch lower after landmark G7 tax deal

Shares in U.S. tech giants a notch lower after landmark G7 tax deal

Shares in U.S. technology giants were down slightly in premarket trading after the world's richest nations agreed on a landmark global minimum corporate tax deal.
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