Hungary To Allow Companies To Pay Taxes In Euros Or Dollars -finance Minister

Hungary To Allow Companies To Pay Taxes In Euros Or Dollars -finance Minister

By Anita Komuves BUDAPEST (Reuters) -Hungary will allow companies to pay their taxes in euros or dollars as well as forints, the government announced on Saturday, a move which analysts said could boost the country’s foreign currency reserves. Like other central European countries such as Poland, Czech Republic or Romania, Hungary is nowhere near adopting…

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Indonesia Blocks Yahoo, Paypal, Gaming Websites Over Licence Breaches

Indonesia Blocks Yahoo, Paypal, Gaming Websites Over Licence Breaches

JAKARTA (Reuters) – Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash in social media. Registration is required under rules released in late November 2020 and will give authorities broad powers to compel platforms…

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U.S., Japan To Cooperate On Semiconductors As Part Of New Economic Dialogue

U.S., Japan To Cooperate On Semiconductors As Part Of New Economic Dialogue

By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) -The United States and Japan launched a new high-level economic dialogue on Friday aimed at pushing back against China and countering the disruption caused by Russia’s invasion of Ukraine. The two long-time allies agreed to establish a new joint research center for next-generation semiconductors during the so-called…

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Meta's Mark Zuckerberg: Company's Pandemic-era Forecast Was Too Rosy

Meta’s Mark Zuckerberg: Company’s Pandemic-era Forecast Was Too Rosy

By Katie Paul and Paresh Dave (Reuters) – Meta Platforms Inc Chief Executive Mark Zuckerberg told staffers the world’s biggest social media company had planned for growth too optimistically, mistakenly expecting that a bump in usage and revenue growth during COVID-19 lockdowns would be sustained. Zuckerberg, responding to an employee question at a company-wide meeting…

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U.S. Approves Boeing Inspection, Rework Plan To Resume 787 Deliveries

U.S. Approves Boeing Inspection, Rework Plan To Resume 787 Deliveries

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) on Friday approved Boeing’s inspection and modification plan to resume deliveries of 787 Dreamliners, two sources briefed on the matter told Reuters. The FAA approved Boeing’s plan after lengthy discussions, a move that should allow Boeing to resume deliveries in August after it halted them in…

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