France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter.
A former Amazon.com Inc financial analyst pleaded guilty on Thursday to insider trading for tipping a former college fraternity brother about the retailer’s quarterly results before they were made public.
The United States wants the United Nations Security Council to impose sanctions including a ban the country’s exports of textiles and the hiring of North Korean labourers abroad, according to a draft resolution.
A host of French-owned fashion labels spanning Christian Dior to Saint Laurent pledged Wednesday to ban uber-thin models from their advertising and catwalk shows following criticism that the industry encourages anorexia.
Taiwan’s textile exports demonstrated sound recovery signals in July amid improving industry sentiment, according to the Taiwan Textile Federation, which offered a positive outlook for the remaining months this year.
Japan and the United States are mulling over a proposal to include export restrictions on North Korean textile products in a new UN Security Council sanctions resolution, a Japanese news agency reported recently.