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Europe urges Iran to stick to troubled nuclear deal

Wednesday, July 10, 2019, 8:42 AM

European powers urged Iran to reverse its move to increase uranium enrichment, as a French envoy arrived in Tehran to boost efforts to save a landmark 2015 nuclear deal. The accord between Iran and world powers promised sanctions relief, economic benefits and an end to international isolation of the Islamic republic in return for stringent curbs on its nuclear programme.
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Facebook US data transfer case goes to Europe's top court

Tuesday, July 9, 2019, 8:06 PM

An Austrian privacy campaigner's long-running legal battle against Facebook over its data transfers to the US has reached Europe's highest-court. The European-Court of Justice is hearing arguments on July-9 on whether Facebook's Dublin-based subsidiary can legally transfer users' personal data to the US parent-company. The court, based in Luxembourg, is expected to rule on whether "standard contractual clauses" governing data-transfers comply with European-data-protection regulations.
 
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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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