Sunday, August 1, 2021

Twitter's Jack Dorsey leads blockbuster $29 billion buyout of Afterpay

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later (BNPL)pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the biggest buyout of an Australian firm.

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$1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitation

The Bombay High Court has asked the Customs department to explain its $1.4 billion tax demand from Skoda Auto Volkswagen India, raising ques...