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Turkey to act on e-commerce orders avoiding tax: finance minister

Wednesday, February 27, 2019, 7:55 PM

Turkey will take steps against international digital commerce packages that avoid taxes, Finance Minister Berat Albayrak said on Wednesday, in a move to support local manufacturers. Ankara has taken measures in recent months to reinvigorate slowing economic activity, including in the areas of taxation and incentives to help manufacturers after the lira lost some 30 percent of its value against the dollar last year.
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4.8-Magnitude Earthquake Hits Near Europe's Most Active Volcano

Wednesday, December 26, 2018, 2:40 PM

A 4.8-magnitude earthquake on Wednesday hit Sicily around Europe's most active volcano Mount Etna, injuring at least two people, Italian media reported. The residents panicked and many ran out onto the streets as the fresh tremors were felt just two days after Mount Etna erupted on Monday with officials reporting more than 130 tremors of up to 4.3-magnitude.
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Altria to buy $12.8 billion minority stake in e-cigarette company Juul

Friday, December 21, 2018, 9:13 AM

Marlboro cigarette maker Altria Group Inc (MO.N) will buy a 35% stake in Juul Labs Inc for $12.8 billion (10.1 billion pounds), a marriage between an-old-line tobacco giant and a fast-growing electronic-cigarette rival looking to make inroads among smokers. Altria brings decades of lobbying expertise in Washington that could benefit Juul as the company navigates heightened federal scrutiny of its products' popularity among teenagers.

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