The headline corporate tax rate in the US would be cut from 35% to 20% under plans aiming to improve competitiveness and deliver “fiscally responsible” tax reform.
Website notice that a retailer is B2B only is enough to gain consumer protection exemption, rules German court
A German court has ruled that business to business (B2B) sellers which state on their website that they only sell to commercial customers do not have an obligation to conduct further buyer checks in order to avoid consumer protection regulation.
2011 tsunami carried a million Japanese sea creatures to US west coast
The deadly tsunami that struck northeast Japan in 2011 has carried almost 300 species of sea life thousands of kilometres across the Pacific Ocean to the west coast of the United States.
In what experts are calling the longest maritime migration ever recorded, an estimated one million creatures – including crustaceans, sea slugs and sea worms – made the 7,725km journey on a flotilla of tsunami debris.
“This has turned out to be one of the biggest unplanned natural experiments…
Don’t be fooled, experts say eruption at Bali volcano Mount Agung is ‘more likely than not’
Throughout the morning, vulcanologists at a small monitoring post on the Indonesian island of Bali go back and forth between checking instruments to detect volcanic activity and surveying visually for signs of a possible eruption of Mount Agung.
Located in the hilly village of Rendang, about 13km southwest of the mountain, the post has seen an influx of vulcanologists after the highest eruption alert was issued September 22 by the country’s Centre for Volcanology and Geological Hazard…
Commission fines Scania €881 million for participation in cartel
The European Commission has fined Scania €881 million after concluding that it broke EU antitrust rules.
Vanuatu orders evacuation of 11,000 people from volcano island as acid rain, flying rocks signal major eruption
Vanuatu on Thursday ordered the compulsory evacuation of an entire island where a huge volcano rumbled to life over the weekend, threatening a major eruption.
All 11,000 people on the island of Ambae – in the Pacific archipelago’s north – will be evacuated by October 6, Prime Minister Charlot Salwai’s office said.
Vanuatu’s National Disaster Management Office (NDMO) said it was the first time in living memory that an island’s entire population had been moved…
Thai junta leader vows to pursue fugitive ex-PM Yingluck Shinawatra, confirms she fled to Dubai
The leader of Thailand’s military junta said on Thursday that Yingluck Shinawatra, the prime minister he ousted three years ago, was in Dubai, having fled there last month to avoid being jailed over a rice subsidy scheme that lost billions of dollars.
Prime Minister Prayuth Chan-ocha, the army chief who led the coup, said Thailand would pursue Yingluck through diplomatic channels and police cooperation using Interpol.
His remarks came a day after a court found Yingluck guilty of criminal…
UK government announces new £5m fund to support North Sea exploration
New funding worth £5 million will be made available to support oil and gas exploration in the North Sea, the UK government has announced.
Tokyo governor Yuriko Koike vows break from the past while launching new ‘Party of Hope’ to challenge Shinzo Abe
Popular Tokyo governor Yuriko Koike on Wednesday vowed a break with old-school politics as she officially launched a new party she hopes will shake up the upcoming snap election in Japan.
Pledging to bring back “hope” to the Japanese people, Koike said the party aimed to “reset” the country, which is expected to go to the polls on October 22.
“Now is the time for us to carry out reforms that are un-tied to” vested interests, she told a nationally televised…
Malaysian woman on holiday in Turkey dies of spider bite
By Teoh Pei-ying A 27-year-old Malaysian woman died in Istanbul on Monday from suspected spider bite. This was confirmed by the management of IBC Tours Corporation Sdn Bhd, which was in charge of the victim’s trip to Turkey. The deceased Noor Azmeera Sahudin was on a holiday to Turkey with her family members from September 16 to Sept 24 when she was admitted to a hospital in Istanbul. IBC Tours Corporation Sdn Bhd director Mohammad Rizal Narusuddin said she was bitten on her…
