Companies envision taxis flying above jammed traffic
As urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into “air taxis” that whisk them over clogged roads. Companies such as Archer, Joby…
Companies lawyer up to navigate Russia sanctions
The deployment of unprecedented sanctions against Russia over the Ukraine war has left companies with a complex legal minefield to navigate, prompting them to hire more lawyers to avoid costly…
Pressure mounts on US companies in Russia
As a growing list of US multinational businesses — from Apple to Levi’s — suspend activities in Russia, some companies choose to stay in the country despite the risks to…
Japan’s labour crunch is reshaping how companies attract workers
Misaki Harada wants to quit her job as a receptionist at a restaurant management company in Tokyo and move into marketing for an apparel maker. But the 24-year-old said she…
China taking aim at trust companies
As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at…
Companies hit pause button as coronavirus infects economy
Layoffs, cutting costs and halting dividends... companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken to contain the illness undercut production and demand.…
‘Better off thanks to China’: German companies double down on resurgent giant
German industrial robot-maker Hahn Automation plans to invest millions of euros in new factories in China over the next three years, keen to capitalise on an economy that’s rebounding more…
Need for provincial asset management companies
During the budget season, there is immense activity in the federal and provincial financial circles attempting to reflect higher revenues and justifying expenditures. Political and sectoral lobbying is at its…
Tax on undistributed profit of companies: Need for review and change – I
The new law Pakistan is one of the unique jurisdictions that charge tax on already taxed undistributed profits/reserves. There had been experiences in our fiscal policy on this subject which…
Tax on undistributed profit of companies: Need for review and change – II
In short, it is apparent that this fiscal initiative is essentially a corporate law desire of the regulators and in the following paragraphs discussion will be focused on whether or…
