India has a $2 trillion dollar economy that's growing. But monsoons continue to have outsized effects on year-to-year growth, affecting everything from inflation to foreign investment.
A new US multistate tax amnesty program allows online sellers to seek relief from past-due sales and similar taxes. Sellers based outside and inside the US must act immediately to participate.
The UK issued a position paper outlining proposals for allowing trade to continue between Ireland and Northern Ireland without erecting physical borders post-Brexit, but uncertainties remain.
Trade-agreement negotiations between the EU and the four South American countries that comprise Mercosur have dragged on for 17 years, but they’ve taken on a new urgency due to US protectionist policies. The two sides aim to finalize an agreement by the end of the year.
The six countries that comprise the Gulf Cooperation Council will implement a value added tax in 2018. Businesses operating in the Gulf region need to be aware of how the new VAT will affect their operations.
Last week, Japan’s Cabinet Office released the country’s second-quarter GDP report. It contains some real surprises, including a notable uptick in consumer spending. But experts and policymakers remain baffled by the country’s flat inflation levels, a serious problem given Japan's massive public debt.
A proposed new data protection law will strengthen information privacy rules in the UK and bring the country in line with EU law, ensuring the free flow of information between Europe and the UK post-Brexit.
This month’s transfer of Brazilian soccer player Neymar from the Spanish super club Barcelona to the French super club Paris St-Germain included a transfer fee of over $250 million, putting it on a par with some of the year’s biggest cross-border M&A deals. The transaction speaks to the changing nature of global super clubs and to the global economy itself.
Brazil has passed a new law that amends over 100 provisions of the country’s Consolidated Labor Laws, which haven’t substantially changed since the 1940s. The law provides greater flexibility to employers and workers and could lead to millions of new jobs in the next two years.
DPAs are agreements between prosecutors and companies that essentially say authorities won’t prosecute fraudulent activity if a company agrees to pay a fine and get its regulatory house in order. Corporate leaders should know that the US and UK have different DPA systems in place.
European officials have issued strict new guidelines directing employers to notify job applicants before viewing their social media profiles, even if applicants have made their profiles public.
For years, China’s government encouraged privately-owned companies to engage in cross-border acquisitions, and enabled them with cheap debt. This led to the rise of “gray rhinos,” free-spending companies that have dramatically changed the global M&A landscape. Beijing is now looking to rein them in.