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Chinese detergent maker sorry for harm done by ad

A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product.

Source: The Associated Press

French finmin rules out Google tax deal, more firms could be targeted

PARIS, May 29- France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said. Sapin, speaking in an interview with Reuters and three European newspapers, ruled out negotiating any deal with Google on back taxes, as...

Source: Reuters

France's Sapin says government will stand firm on labor reform

PARIS, May 29- A plan to overhaul labor rules is crucial to proving France's ability to reform, and the government will stand by it despite street protests and refinery blockades, Finance Minister Michel Sapin said in an interview. The government is under pressure to find a solution to its standoff on the labor reform with hardline union CGT ahead of the June 10...

Source: Reuters

Lightning strikes leave 9 badly hurt in France and Germany

Extreme weather hits children's parties and soccer matches in France and Germany.

Source: Reuters

Pakistani PM to undergo heart surgery in London

"It's natural and understandable that the Prime Minister will be off from any activities when [he] is actually operated on by the doctors."

Source: CNBC.com

UPDATE 1-Japan's Abe to delay sales tax hike until 2019 - government source

The prime minister, who has promised to announce steps on Tuesday to spur economic growth and promote structural reform, is also expected to order an extra budget to fund stimulus measures, just two months into the fiscal year and on the heels of a supplementary budget to pay for recovery from recent earthquakes in southern Japan. After chairing a summit of Group...

Source: Reuters

Chinese detergent maker sorry for harm done by racist ad

BEIJING— A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product was transformed into a fair-skinned Asian man. Shanghai Leishang Cosmetics Ltd. Co. said it strongly shuns and condemns racial discrimination but blamed foreign media for amplifying the ad, which first appeared on Chinese...

Source:

Japan's Abe to delay sales tax hike until 2019 - government source

As the economy sputters ahead of election, prime minister plans to delay an increase in sales tax by two-and-a-half years, a government official said

Source: Reuters

Judge orders release of documents in Trump University suit

WASHINGTON— A federal judge is ordering the release of Trump University internal documents in a class-action lawsuit against the now-defunct real estate school owned by presumptive Republican presidential nominee Donald Trump. District Judge Gonzalo Curiel in San Diego, which came Friday in response to a request by The Washington Post, calls for the...

Source: The Associated Press

Japan's Abe to delay sales tax hike until 2019 - government source

TOKYO, May 29- Prime Minister Shinzo Abe plans to delay an increase in Japan's sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election. Abe told Finance Minister Taro Aso and the secretary general of his ruling Liberal Democratic Party, Sadakazu Tanigaki, on Saturday of his plan to...

Source: Reuters