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Business 08 Jun 2021 | 7:00 AM

G7 strikes deal on tax rules for US tech giants

LONDON: The Group of Seven (G7) rich nations secured a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on US tech giants such as Amazon.com Inc and Facebook Inc.

World 06 Jun 2021 | 7:21 AM

Fire at Iran steel plant after blast, no casualties reported -reports

DUBAI (Reuters) - A fire broke out after an explosion at a steel plant in southeastern Iran, but an official said the blaze was brought under control and there was no immediate report of casualties, semi-official Iranian news agencies said on Sunday.