European Commission to propose new tax rules for online sector in 2018

Published time: 29 Sep, 2017 15:59 The European Commission will propose new rules next year to ensure that the online sector pays its fair share of taxes. The commission’s head, Jean-Claude Juncker, said on Friday in the  Estonian capital Tallinn: “We are of the opinion that in the digital sector, tax has to be paid […]

A $4 billion fund manager who’s crushing his peers shares his favorite sector to ride out the inevitable downturn

T. Rowe Price Justin White started his career “at a consulting firm you’ve never heard of.”  But after joining the asset-management giant T. Rowe Price, and showing a strong track record as a media and tech analyst, he was tapped last April to run its New America Growth Fund. Like many peers who made big bets on […]

From Apple to Y Combinator—tech sector denounces new “Dreamers” plan

Enlarge / WASHINGTON—US Attorney General Jeff Sessions speaks on immigration at the Justice Department September 5, 2017 in Washington, DC. Sessions announced that the Trump Administration is ending the Obama-era Deferred Action for Childhood Arrivals (DACA) program—which protected those who were brought to the US illegally as children—with a six-month delay for Congress to put […]

Pound to Euro exchange rate: Sterling “stumbles” after poor construction sector figures

Bloomberg posted the Pound to Euro exchange rate as 1.0873 this morning. Speaking about the figures, Laura Parsons, TorFX currency analyst, said: “The pound stumbled against the euro on Tuesday in response to a less-than-impressive UK construction report. “Although the construction sector only accounts for a small percentage of total UK economic output, there were […]

China’s manufacturing sector is purring as overseas demand soars

Thomson Reuters Activity levels across China’s manufacturing sector continue to improve. The Caixin-IHS Markit manufacturing Purchasing Managers Index (PMI) rose 0.5 points to 51.6 in August, leaving it at a six-month high. IHS Markit This PMI measures changes in activity levels across China’s manufacturing sector from one month to the next. Anything above 50 signals […]

Vantiv’s acquisition of Paymetric is an endorsement of Atlanta’s fintech sector

It’s no secret that Atlanta is an epicenter for payment processing companies — they don’t call it Transaction Alley for nothing. That designation, along with the prospect of growing its partnerships, joining a thriving ecosystem, and receiving support from organizations like the Atlanta Fintech Taskforce and the Metro Atlanta Chamber, attracted Paymetric to the state. Originally based in Texas, the enterprise […]

How the tech sector can legally justify breaking ties to extremists

Enlarge / CHARLOTTESVILLE, VIRGINIA—A woman leaves a note on the ground as people gather at a memorial for Heather Heyer after her funeral service on Wednesday. Heyer was killed after a car rammed into a group of people during a planned Unite the Right rally last Saturday. The Daily Stormer’s celebration of the death sparked […]

Michael Gove suggests some public sector professions could see pay boosts

Environment secretary Michael Gove suggested that certain professions within the public sector may be in for pay boosts in the budget and said the government would respect the advice of the pay review bodies. After the terrorist attacks in Manchester and London and the Grenfell Tower disaster calls for nurses and people working in the […]