Soaring interest rates and the end of Covid subsidies have had a big impact on businesses, the outlet reports The world’s corporate sector has been hit by a wave of bankruptcies occurring at a double-digit pace unseen in decades, the Financial Times reported on Monday, citing data from national statistics offices.

Protesters fear the German government’s austerity measures will force farms to shut down Farmers from across Germany descended on Berlin in their tractors on Monday, protesting against the government’s plans to slash diesel subsidies and tax breaks for agricultural vehicles. Berlin recently announced planned austerity measures for 2024, in line with efforts to combat a…

The Ukrainian tax service has imposed a $5,543 penalty on the adult film platform for failing to pay what it owes the country Ukraine has fined Canadian adult content giant PornHub $5,543 for refusing to pay taxes in the country and by extension failing to support the national armed forces, a senior MP has reported.