France will go ahead with a digital tax, Economy Minister Bruno Le Maire said Friday, shortly after US President Donald Trump threatened “substantial” retaliation over Paris targeting top US tech companies. “Universal taxation of digital activities is a challenge for us all. We want to reach an agreement within the G7 and the OECD. In the meantime, France will implement ...

Helsinki, Jul 25 : Nokia says its second-quarter earnings nearly doubled on the back of orders from telecom operators for new-generation 5G mobile networks that will be commercially launched en masse this year. The Espoo, Finland-based company said Thursday that its net profit for the April-June period was 258 million euros ($287 million), against 139 million euros a year earlier. ...

Photo: Britain’s new Prime Minister Boris Johnson arrives to make a speech outside 10 Downing Street, London, Wednesday, July 24, 2019. London, Jul 25 : Boris Johnson is convening his first Cabinet meeting as Britain’s prime minister, pledging to break the impasse on issues that flummoxed predecessor Theresa May. Johnson has less than 100 days to make good on his ...

Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media said Wednesday, citing company sources. The cuts come after Nissan announced in May it would trim 4,800 jobs from its global workforce of around 139,000. Nissan’s net profit fell to a near-decade low in the last ...

Photo: Boris Johnson gestures as he speaks after being announced as the new leader of the Conservative Party in London, Tuesday, July 23, 2019. London, Jul 24 : Boris Johnson, Britain’s blustering Brexit campaigner, was chosen as the U.K.’s next prime minister on Tuesday, with a resounding mandate from the Conservative Party but conflicting demands from a politically divided country. ...

President Donald Trump met with executives from several of the nation’s leading chip and computer part makers Monday and discussed restrictions his administration has imposed on the sale of components to Chinese telecommunications giant Huawei, the White House said. Huawei is embroiled in a trade dispute between China and the U.S. The Trump administration in May sanctioned Huawei, which it ...

London, Jul 23 : As Theresa May held a farewell party in Downing Street last night, Mr Johnson was plotting with his inner circle. Boris Johnson is preparing for power as he awaits the widely expected confirmation that he has defeated Jeremy Hunt in the battle to become the UK’s next prime minister. As the overwhelming favourite to be crowned ...

  London, July 22 : UK prime minister will chair the government’s emergency committee Cobra on Monday after a British-flagged tanker was seized by Iran in the Gulf. Theresa May is expected to receive updates from ministers and officials and discuss maintaining the security of shipping in the area. It comes amid reports ministers are considering freezing Iranian assets. Foreign ...

Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized a ship three days ago. Prime minister Theresa May’s office said she would chair a meeting of Britain’s COBR emergency response committee on Monday ...

Photo: In this, May 9, 2019, file photo, Jeff Bezos speaks in front of a model of Blue Origin’s Blue Moon lunar lander in Washington. Cape Canaveral, Jul 21 : Fifty years after humanity’s first lunar footsteps, the moon is back in NASA’s court. The White House wants U.S. astronauts on the moon pronto — by 2024, a scant five ...