INFBusiness

MADRID (Reuters) – Spain’s lower house voted on Thursday to begin legislating a controversial tax on internet giants that has prompted the United States to open a probe which could lead to punitive tariffs. The tax would apply to revenues…

MUEHLBACH AM MANHARTSBERG, Austria (Reuters) – European countries cautiously emerging from the onslaught of the coronavirus pandemic are looking to a second generation of contact tracing apps to help contain further outbreaks. The latest apps have big advantages over earlier…

NEW DELHI/HONG KONG (Reuters) – Amazon.com (AMZN.O) is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel (BRTI.NS), three people with knowledge of the discussions told Reuters, in a move that…

SHANGHAI (Reuters) – General Motors (GM.N) will “work very closely” with Chinese electric vehicle battery maker Contemporary Amperex Technology Ltd (CATL) (300750.SZ) as it ramps up electric production in the world’s biggest auto market, a senior executive said. The Detroit…

BERLIN/FRANKFURT (Reuters) – Germany unveiled sweeping incentives for cheap electric cars and for hybrid vehicles, providing a boost to Volkswagen’s (VOWG_p.DE) electric push while staggered taxes for polluting combustion-engined cars will penalise sports utility vehicles. Buyer incentives for passenger cars,…

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm’s ongoing fundraising round. WhatsApp and…

(Reuters) – ZoomInfo Technologies Inc ZI.O priced its initial public offering (IPO) at $21 per share, above its upwardly revised target range, in the largest U.S. technology listing so far this year, the company said early Thursday. The listing is…

SEOUL (Reuters) – One robot makes cocktails from 25 bottles hanging upside-down from the ceiling, another carves perfect ice balls in the fraction of the time it takes a human with a knife and an ice pick. Robo-bartenders are shaking…

(Reuters) – Canadian telecom firm Telus Corp said director Stockwell Day had stepped down from its board a day after the former cabinet minister compared enduring racism to his experience of being teased in school for wearing glasses. Day, who…

MUMBAI (Reuters) – From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus…