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Illegal Irish corporate tax deals for Apple

September 29th, 2014 (0)
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...

Yahoo must take essential decision once again

September 26th, 2014 (0)
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 billion after taxes, and its remaining stake is valued at ...

Greenpeace Now Accepts Bitcoin

September 23rd, 2014 (0)
Completely independent organization Greenpeace announced today that it now accepts donations in bitcoin, becoming the latest charitable institution to adopt the digital currency into its operations. Greenpeace devotes its efforts to ensuring a “healthy planet for current and future ...

Experts warn over VAT digital services rules

September 19th, 2014 (0)
Businesses who make and sell apps or provide digital services to consumers in the European Union will see their paperwork increase in January due to new legislation to counter tax avoidance, experts have warned. Currently VAT on digital services ...

Multinational Companies aim at Low budget consumers

September 18th, 2014 (0)
For years, multinational companies had little interest in lower-end consumers, figuring no money was to be made. Now, they are increasingly attractive to all types of industries, from consumer product makers to technology businesses. Google just announced plans to ...

Former Amaranth star fined over gas trades

September 16th, 2014 (0)
Brian Hunter, the natural gas trader whose large bets helped precipitate the $6bn collapse of Amaranth, the hedge fund, has agreed to pay $750,000 to settle attempted market manipulation charges. The CFTC sued Mr Hunter and Amaranth in 2007, ...

U.S. Oil Boom Revitalizing Rust Belt Economy

September 11th, 2014 (0)
The American Midwest is enjoying a one-two punch of an economic boom thanks to hydraulic fracturing. The relatively new and still controversial technique is not only generating more energy, it’s also sparking a revitalization of old industries and boosting ...

BP May Owe Anglers $585 Million After Oil Spill

September 11th, 2014 (0)
People who fish recreationally in the Gulf of Mexico may be entitled to up $585 million in compensation due to lost fishing opportunities following the 2010 Deepwater Horizon oil spill. In the case of the BP spill, the money ...

10 ‘poorest’ companies make investors rich

September 10th, 2014 (0)
Investors love to think companies with piles of cash must surely make them rich, too. But this year, it’s the companies with the least moolah that are making the most cash for investors. The 10 companies in the Standard ...

Jack Ma, ‘capital-lite’ model impress at Alibaba’s Boston IPO event

September 10th, 2014 (0)
Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma and a “capital-lite” business model. While corporate governance remains a ...
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