Panasonic booth during CES 2018 at the Las Vegas Convention Center on January 9, 2018. Photo: David Becker/Getty Images

Panasonic will move its European headquarters from London to Amsterdam in October because of tax issues related to Brexit, reports Nikkei Asian Review.

The big picture: The U.K. has said it will lower its 20% corporate tax rate following its departure from the EU to retain and attract businesses, but Panasonic fears that this could cause the country to be labeled as a "tax haven" by Japan — which would result in multinationals being taxed more heavily at home.

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Updated 42 mins ago - Politics & Policy

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Illustration: Annelise Capossela/Axios

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  3. States: Wisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic.
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Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic

President Trump attacked CNN for continuing to cover the coronavirus pandemic, calling the network "dumb b*stards" at a campaign rally in Prescott, Arizona on Monday.

Why it matters: The president's attacks on the media and Anthony Fauci, the government's top infectious-disease expert, come as coronavirus cases and hospitalizations are again surging across the country, just two weeks out from Election Day.

3 hours ago - World

Deal to remove Sudan as terror sponsor paves way for Israel move

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The big picture: Trump's announcement is part of a wider agreement that is expected to include moves from Sudan toward normalizing relations with Israel.