Austria will introduce a tax of 3 percent of the online profits of internet giants, defined as companies with sales of more than 750 million euros (£677.7 million) a year, the Austrian Chancellor said on Thursday.
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes that an all-out trade war can be avoided.
Chinese e-commerce giant Alibaba Group Holding has acquired German data analysis start-up data Artisans for about 90 million euros (80.92 million pounds), according to German media reports.
China has the “good faith” to work with the U.S. to resolve trade frictions, the Foreign Ministry said on Monday as officials of the world’s two largest economies resumed talks in a bid to end their trade dispute.
Turkey's competition authority said on Monday it had launched an investigation into whether internet search engine Google broke competition law with algorithms it uses for searches and to target advertisements.
Weak sales at tech and agriculture giants Apple and Cargill may be the clearest sign yet that President Trump’s quest to reset world trade carries costs at home.
New data has revealed that Britons spent more money and more time shopping online during Christmas Day last year than they did in 2017, with peak transaction times coinciding with the Queen’s Speech.
Luxury department store chain Nordstrom has announced that its co-president Blake Nordstrom passed away in Seattle on the morning of Wednesday, January 2, less than a month after he was diagnosed with lymphoma.
The Columbia, Maryland-born textile artist’s first New York City solo exhibition Lemme walk across the room will open in The Brooklyn Museum’s Great Hall on January 11.
Retailers throughout the UK will collectively cut an estimated 164,100 jobs this year, representing a 20% increase in retail job losses compared to 2018, according to new data.
Having failed to broker a deal on a digital tax during its European Union presidency, Austria said on Saturday it planned to introduce its own levy on tech companies including Amazon while the bloc works on its plan.
Sears Holdings Corp Chairman Eddie Lampert has submitted a roughly $4.6 billion (£453 million) takeover bid for the bankrupt retailer, people familiar with the matter said on Friday.
India's new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year's general election, with the key voting bloc still seething over what it sees as broken promises.
Britain launched a consultation on Thursday on its plans to double the charge for single-use carrier bags from 2020 and extend the scheme to cover all shops in a bid to cut plastic waste.
The number of shoppers in Britain visiting stores on the day after Christmas fell again this year, data showed on Thursday, underscoring how a formerly key date for retailers has been supplanted by Black Friday sales.
