Just days after Chinese transport company DiDi pulled off one of the largest US initial public offerings (IPO) this decade, a Chinese cybersecurity regulator has ordered it to be removed from all Chinese smartphone app stores. Regulators have accused DiDi of illegally collecting and using customer’s data.
130 countries and jurisdictions have agreed to plans for a global minimum corporate tax rate. The agreement comes as part of an attempt to force multinational companies to pay a fairer share of tax.
On Thursday, Chancellor Of The Exchequer Rishi Sunak will announce plans to boost sustainability in the City of London, turning it into a hub for green finance.
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