The UAE has announced a significant update to its Corporate Tax rules by introducing a Domestic Minimum Top-up Tax, effective for financial years starting on or after 1 January 2025.
Business news
Chinese authorities have extended a warm welcome to French pharmaceutical and healthcare giant Sanofi, which has announced plans to invest around €1 billion in a new insulin plant in Beijing.
Chinese tech giant Baidu announced on Tuesday that it has slashed the production cost of its Apollo RT6 self-driving vehicle to 250,000 yuan (US$34,525) per unit, marking a major milestone in making autonomous driving more affordable and accessible in China.
The head of Russia's association of fertilizer producers suggested streamlining trade with India, a top importer of fertilizers.
ocial media users in the European Union will soon be able to file complaints against platforms like Facebook, TikTok (owned by ByteDance), and YouTube (owned by Alphabet) regarding content moderation through a new independent body in Ireland.
Lenovo Group is set to begin manufacturing artificial intelligence (AI) servers at its plant in southern India and has opened a new AI-focused R&D lab in Bengaluru.
China's leading social media and online payment platform, WeChat Pay, is poised to enter the Kenyan market.
China Evergrande Group announced on Monday that its liquidators are seeking to recover approximately $6 billion from seven defendants, including founder Hui Ka Yan, and have secured injunctions against three of them.
Chinese flying taxi manufacturer EHang is nearing the launch of its commercial service on the mainland. This follows the Civil Aviation Administration of China (CAAC) 's acceptance of its application for an air operator certificate.
The co-founder of Russian tech group Yandex, Arkady Volozh, is launching an AI business in Europe.