A new tariff refund system has officially gone live in the United States, allowing companies to recover billions. The rollout has triggered a surge in filings, with thousands of businesses rushing to submit claims on day one.

The policy stems from tariff measures introduced under Donald Trump, many of which are now being challenged. Companies like Basic Fun report early technical glitches, including upload failures, though the system has largely held up under heavy demand.

US To Pay Billions In Tariff Refunds: Thousands of Companies Rush to File Claims 

World: Trump offered them zero tariffs, saying that the companies would also get "almost immediate Electrical/Energy hook ups and approvals."

'DO IT NOW': Trump calls on companies to move to US, offers them 'ZERO TARIFFS' and quick approvals

Western companies are reconsidering leaving Russia amid increasing Kremlin-imposed exit costs, difficulty finding suitable buyers and rebounding consumer activity. Watch in for more details!

Russia-Ukraine war | Business in Russia: Why some firms haven't left?

Over the last decade, there has been a surge in consumer interest in sustainability, driven by growing awareness of environmental and social issues. Companies, eager to capitalise on this trend, have increasingly adopted the language of environmental and social responsibility.

Greenwashing’s Sly Cousin: The Rise of Sustainability Laundering

In WION's "Makers of new India," we feature Hangyo ice cream, a game-changing name in India's ice cream industry, led by two visionary brothers from the pai family - Dinesh pai and Pradeep Pai. Hangyo ice cream stands at the forefront of the sector, renowned for its commitment to quality, innovation, and delectable flavours that delight taste buds across several states in India. The firm has brought frosty smiles since 1997 on its sweet path to triumph. Join us as we embark on a journey of making your favourite ice cream from scratch with host Rahesha Sehgal. Witness the captivating narrative of leadership, creativity, and triumph as we unravel the unending odyssey behind Hangyo's success. Watch to know more!

Makers of New India | Journey of Hangyo ice cream

Wall Street's top regulator, the US Securities and Exchange Commission (SEC), is nearing a decision that could reshape how thousands of US-listed companies disclose their climate-related risks and impacts to investors.

SEC's climate reporting rule: What's at stake for investors and corporations?

More than 100 container ships were rerouted near southern Africa so that they could avoid the Suez Canal. The step was taken amid global trade facing disruption due to attacks on vessels on Yemen’s western coast by the Houthi rebels.

Companies reroute more than 100 container ships from Suez Canal to avoid Houthi attacks

Cyber Monday emerged as the undisputed champion of online shopping, with $12.4 billion spent by US Shoppers. This resilient surge, up 9.6% from last year, showcases a robust start to the holiday shopping season. Adding fuel to the spending spree, 'buy-now-pay-later' options witnessed a meteoric rise, contributing a record $940 million in online spending. This represents a substantial 42.5% increase compared to the previous year.

Cyber week's $38 billion splash surpasses forecasts

Australia's supply networks might be disrupted for days after a cyber-attack on a major trade facilitator forced the shutdown of multiple ports. On Friday, DP world - one of the largest port operators in the world - discovered a cyber-attack that necessitated closing four of the country's busiest ports. Authorities are now working overtime to resolve the crisis. The interruptions in Sydney, Melbourne, Brisbane, and Fremantle threaten to hamper supply lines that were already striving to recover from the covid-19 outbreak.

Cyber attacks in Australia posses threat to supply routes

A study has revealed that Indian organisations suffered million-dollar losses due to cybersecurity incidents as 83% of them experienced at least one cybersecurity incident, like web attacks, phishing, and supply chain attacks, in the past year.

Over 80% Indian companies hit with cyber attacks last year: Report

The Labour government in New Zealand said on Friday (August 11) that it plans to make it compulsory for large companies to publish gender pay gap data. The step has been taken in an effort to ensure that woman in the country get equal pay as that of men.

New Zealand government to make companies publish gender pay gap data

In recent years, the concept of responsible investing has gained significant traction in the world of finance. More and more investors are seeking to align their investment portfolios with their personal values and social concerns.

ESG Greenlight: Bringing about change through responsible investing

Artificial intelligence is already making its presence felt across various sectors with many fearing that the tech may replace jobs making human intelligence irrelevant.

Survey reveals 43% companies set to use AI for hiring interviews by next year

Two petrochemical giants, which were located behind a facility in “Cancer Alley” of Louisiana, have been sued by the US justice department for increasing the risk of cancer by causing air pollution in a major federal lawsuit which aims to substantially curb the emissions of the plant in the United States.

Two companies sued over pollution in Louisiana’s ‘Cancer Alley’

Following immense criticism for sacking 300 employees for moonlighting, Indian tech giant Wirpo has now come out with a clarification saying that they would allow their employees to take up a secondary job as long they are not working for a competitor.

Wipro’s volte-face on moonlighting: Now says its fine, but there’s a catch 

The UAE has offered to buy minority shares in publicly-listed government-owned enterprises at a negotiated price and a seat on each of the firms' boards in response to cash-strapped Pakistan's request for further loans.

Shares in listed companies: UAE's Pakistan loan seeks a grip on corporates

EU is stepping up its fight against the spread of disinformation on social media. Now, companies would have to be more vigilant about harmful content on their platforms and they would be held responsible for the societal effects of their content

EU innovates rule to stop misinformation, companies to sign digital services act

Manufacturers are quietly cutting container sizes without lowering prices across the board, from toilet paper to yoghurt and coffee to corn chips. It's known as "shrinkflation," and it's happening all around the world.

‘Shrinkflation’ is on the rise: Companies reducing package size, without lowering price

Researchers have revealed a sophisticated Winnti cyber attack that makes use of Windows systems in a "rarely observed" method. According to Cybereason, the campaign is being carried out by the Chinese advanced persistent threat (APT) group Winnti, which has gone undiscovered for years.

Operation CuckooBees: Notorious Chinese hackers took trillions of dollars from about 30 companies

Equifax, Experian and TransUnion — the giant credit reporting companies that each keep files on roughly 200 million Americans — said Friday that they will soon wipe away credit stains created by certain medical debts.

Credit companies will remove stains from repaid medical debts

When a shopper in New York, say, plucks a Milky Way bar from a grocery store shelf, that shopper becomes the final link in a long chain that might have started on a patch of land in Ghana, where a tropical forest recently stood.

Hundreds of companies promised to help save forests. Did they?

China has been lobbying US businessmen, executives and companies to fight against China-specific bills in the US Congress. The report by news agency Reuters, which has quoted sources, said the Chinese officials have warned companies that they would risk losing market share or revenue in China if the legislation becomes law.

China urging US businessmen to lobby against anti-China bills: Report

Period is not a taboo! Companies that offer menstruation leaves in India

A recent report by Cranfield School of Management has revealed that even though UK's top-listed companies have made progress on gender targets, they still have very few women in senior leadership positions.

Only 8 out of top 100 companies in the UK headed by women: Report

companies

Companies, News on Companies, stories on Companies, articles on Companies, Companies stories at Wion, Companies news, Companies latest news