News Around the World

Americas

Europe

Brussels launches new tool to crack down on VAT fraud

A new system to help EU countries crack down on VAT fraud, launched Wednesday by the European Commission, allows EU Member States to rapidly exchange and jointly process VAT data. Source: European Business News Brussels launches new tool to crack down on VAT fraud

Price caps introduced on international calls within the EU

A new maximum price for all international calls and SMS within the EU applies from 15 May, when consumers calling another EU country will pay a maximum amount of 19 cents per minute (+VAT). Source: European Business News Price caps introduced on international calls...

InBev fined EUR 200m for breaching EU antitrust rules

The EU Commission fined Anheuser-Busch InBev, the world's biggest beer brewer, some EUR 200 million Monday for breaching EU antitrust rules through its actions in hampering cross-border sales of beer. Source: European Business News InBev fined EUR 200m for breaching...

German growth forecast cut as economic uncertainty continues

GDP growth in Germany is forecast to be particularly subdued this year, as global uncertainties continue to weigh on Europe's economy, according to the EU Commission's latest economic forecast Tuesday. Source: EU Finance and Monetary News German growth forecast cut as...

Young European farmers get access to EUR 1 bn EU loan package

The EU Commission and European Investment Bank launched a EUR 1 bn loans package Monday targeting specifically young farmers. Nearly a third of young farmers' loan applications were rejected in 2017. Source: EU Finance and Monetary News Young European farmers get...

Auditors review EU support for urban mobility

The European Court of Auditors is examining the effectiveness of EU action on improving the mobility of people in cities and densely populated areas, including progress in managing traffic congestion. Source: EU Finance and Monetary News Auditors review EU support for...

Auditors review EU support for urban mobility

The European Court of Auditors is examining the effectiveness of EU action on improving the mobility of people in cities and densely populated areas, including progress in managing traffic congestion. Source: EU Finance and Monetary News Auditors review EU support for...

Asia

Japan faces critics, conflict on environment issues at G20

TOKYO: G20 host Japan hopes world leaders will endorse a deal on marine plastic waste and find common ground on climate change, but its own environmental record is under increasing scrutiny. Activists say Japan has fallen behind on reducing plastic consumption and is...

US-China trade spat, Iran tensions to dominate weighty G20

The trade battle between the US and China, and fears that spiralling tensions with Iran could erupt into conflict are poised to dominate a high-stakes G20 summit from Friday. Source: Channel News Asia US-China trade spat, Iran tensions to dominate weighty G20

US consumer confidence at 21-month low

U.S. June consumer confidence fell more than expected, hitting its lowest level since September 2017, according to a private sector report released on Tuesday. Source: Channel News Asia US consumer confidence at 21-month low

Football: Suarez appeals for penalty for handball by Chile goalie

RIO DE JANEIRO: Uruguay striker Luis Suarez took his reputation as a fierce competitor to new heights in his side's 1-0 win over Chile in the Copa America on Monday (Jun 24) by appealing for a handball - by Chile's goalkeeper. With his side searching for a goal...

Nissan shareholders to vote on governance overhaul

YOKOHAMA: Nissan shareholders are set for a fractious annual meeting on Tuesday (Jun 25) over revamping operations at the crisis-hit Japanese automaker following the Carlos Ghosn scandal and amid testy ties with French partner Renault. The meeting will see votes on a...

Hamilton says governing body should decide F1 rules, not teams

Five-times world champion Lewis Hamilton said decisions about Formula One's rules should be left in the hands of the governing body rather than teams with vested interests. Source: Channel News Asia Hamilton says governing body should decide F1 rules, not...

"Serving the Business Needs and Objectives of Our Clients"