Macy's tops forecast on reopened stores

Source: Dukascopy Bank SA
On Tuesday, Macy's Inc reported that 450 of its reopened stores beat forecasts by performing better than anticipated, after almost $1B in its quarterly operating losses amid the COVID-19 lockdowns.
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Tue, 09 Jun 2020 13:23:41 GMT

Thailand offers tax on foreign internet firms

Thailand seeks international digital service copanies to pay a VAT, approving a draft bill on Tuesday, in the latest move by another Southeast Asian country that aims to raise tax revenues from foreign tech firms.

Tue, 09 Jun 2020 11:38:41 GMT

Cyberattack triggers Honda output disruptions

On Tuesday, Honda Motor has experienced some output disruptions, as the Japanese carmaker was forced to suspend some of its motorcycle and auto production globally due to a potential cyberattack hit.

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