Google pays France over $1 billion to settle tax case

[ad_1] This Thursday, Jan. 3, 2013, file photo shows Google’s headquarters in Mountain View, Calif. Two bipartisan groups of state attorneys general are launching separate antitrust investigations into Facebook and Google, Friday, Sept. 6, 2019, adding to regulatory scrutiny of two of the world’s largest and most ubiquitous tech companies.(AP Photo/Marcio Jose Sanchez, File) Tech […]

France will block development of Facebook Libra cryptocurrency

[ad_1] Officials want to sqeeze Facebook’s proposed cryptocurrency, Libra, into the strict regulatory framework for financial products France warned Thursday it will block development of Facebook’s planned Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments. “I want to be absolutely clear: in these conditions, we cannot authorise the development of Libra […]

Air France offers to snap up French airline as thousands stranded

[ad_1] Aigle Zur, which employs almost 1,200 staff, filed for bankruptcy and suspended flights last week French flag carrier Air France on Monday offered to snap up its much smaller rival Aigle Azur after the airline’s collapse stranded thousands of passengers mainly booked on flights to and from Algeria. Aigle Zur, which employs almost 1,200 […]

Charges to be dropped against Airbus, Air France over 2009 crash: legal sources

[ad_1] The main association of victims’ families called the decision an “insult to the memory of the victims”—here a Brazilian navy photo shows divers recovering a tail piece after the worst crash in Air France history French magistrates investigating the 2009 crash of a flight from Rio de Janeiro to Paris in which 228 people […]

Computer glitch in France delays hundreds of flights beyond

[ad_1] A computer breakdown briefly disrupted all air traffic in France and caused a cascade of delayed flights in multiple countries Sunday, the last day of European summer holidays. Hundreds of flights were delayed at airports from Britain to Morocco and beyond. Hours after the problem with a French automatic flight plan system was fixed, […]

France climbs aboard hydrogen train revolution

[ad_1] A hydrogen-powered train built by the French group Alstom is already in service in Germany France is joining the hydrogen train revolution, the head of state rail operator SNCF said Thursday, announcing an order for 15 emissions-free regional trains to replace polluting diesel models. Hydrogen trains are equipped with fuel cells that produce electricity […]

US tech industry group denounces Trump deal on France digital tax

[ad_1] US President Donald Trump (L) and French President Emmanuel Macron unveiled an agreement allowing France’s digital tax to remain in place until a new global taxation plan takes effect A US trade group representing major technology firms on Tuesday denounced an agreement on France’s digital tax announced by Presidents Donald Trump and Emmanuel Macron […]

US, France reach agreement on digital taxes

[ad_1] France’s President Emmanuel Macron (R) and US President Donald Trump deliver a joint press conference in Biarritz, south-west France on August 26, 2019, on the third day of the annual G7 Summit French President Emmanuel Macron said Monday G7 members had reached an agreement on the taxation of tech giants, a long-standing subject of […]

France aims for US digital tax deal by late August: minister

[ad_1] Trump and Macron have clashed over Paris’s taxation plan for digital giants with the US president denouncing his French counterpart’s “foolishness” France wants to reach a deal with the US on taxing tech giants by a G7 meeting in late August, Economy Minister Bruno Le Maire said Saturday. He was responding to US President […]