Economy

Tesla cuts nine percent of workforce in search of profit   In its fifteen-year existence the company headed up by Elon Musk has not made a profit, and it's burning through cash at an unprecedented rate. Tesla...

Automated tax reporting will soon be the only way to meet requirements Author: Rebecca Polley, Vice President of Business Development, Vertex   In a quest to cut down on fraud, tax authorities are increasing the amount and...

BMW, Vodafone, Ericsson urge EU to consider 5G car standard   BMW, Vodafone and Ericsson have said the European Commission should open the way for the use of 5G for internet-connected cars in a sector estimated...

 The Money Issue Cryptocurrency Is Not Just a Boys' Club  By Morgen Peck Meet nine women who are changing the game. When dinner conversations turn to cryptocurrency, as they often do these days, I brace for a grilling,...

L’Oreal set to sell the Body Shop for $1.1bn   Author: Rachel Connolly   French cosmetics giant L’Oreal is in exclusive talks to sell the Body Shop to Brazil’s Natura in a €1bn deal. On June 8, L’Oreal began...

China urges BRICS to promote open world economy   Chinese President Xi Jinping calls for the BRICS nations - Brazil, Russia, India, China and South Africa - to boost more open global economy and push for...

How to use ‘CEO magic’ when trying to advance your company What is CEO magic, and when can it be effective for your business? It’s a competitive bidding process and your company is up against four...

Germany Won't Tax You for Buying Coffee With Bitcoin   Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said. The guidance, published Tuesday, sets Germany apart...