Tax on digital giants gains support

Tax on digital giants gains support

THE government’s plan to whack some of the biggest tech companies in the world with a “digital tax” could come to pass. Senate crossbenchers have indicated they would support the federal government’s $176 billion tax plan in exchange for a tax on digital companies such as Google, Facebook and Uber. …

Lebanon elections: Hezbollah makes big gains in Parliament as PM loses seats

Lebanon elections: Hezbollah makes big gains in Parliament as PM loses seats

Posted May 08, 2018 08:19:56 Photo: Hezbollah supporters took to the streets to celebrate. (Reuters: Aziz Taher) Related Story: Lebanon’s Prime Minister puts resignation on hold The leader of Lebanon’s Iranian-backed Hezbollah group has declared “mission accomplished” after scoring major gains in parliamentary elections, as the main Western-backed faction headed …

Stocks set for second week of gains

Stocks set for second week of gains

World stocks have dipped but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out. The MSCI All-Country World Index, which tracks shares in 47 countries, was down 0.3 per cent. Losses by the …