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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.

AseanPlus News 06 Jun 2021 | 11:18 AM

G7 strikes 'historic' agreement over global corporate tax

Finance ministers from wealthy G7 nations on Saturday night (June 6) endorsed a global minimum corporate tax rate of at least 15 percent, rallying behind a US-backed plan targeting tech giants and other multinationals accused of not paying enough.

World 05 Jun 2021 | 7:59 PM

G7 backs making climate risk disclosure mandatory

LONDON (Reuters) - Group of Seven (G7) rich countries backed moves to force banks and companies to disclose their exposure to climate-related risks on Saturday, a measure seen as vital to efforts to safeguard the financial system from climate change shocks.