Business

European Union tax ruling 'total political crap,' says Apple CEO Tim Cook

European Union tax ruling 'total political crap,' says Apple CEO Tim Cook

In an interview with the Irish Independent , Apple CEO Tim Cook explained: "No one did anything wrong here and we need to stand together". The company reported in 2014 an effective tax rate of 26.1% on its world-wide profits, including the foreign tax provisions that are unpaid, a level Mr.


European Union migrants crisis: Lorry protest causes Calais disruption

European Union migrants crisis: Lorry protest causes Calais disruption

Farmers in tractors are waiting on the side of the road to join the protest. Authorities said that despite long tailbacks at the start of the protest, a system of detours prevented widespread disruption. Calais Mayor Natacha Bouchart, holding an "I love Calais " T-shirt as she walked with merchants, insisted that public order in Calais must be restored, and criticized the Socialist government, which has sent in thousands of police, for failing to provide a global plan to end ...


Marks And Spencer To Cut Around 525 Head Office Jobs

Marks And Spencer To Cut Around 525 Head Office Jobs

The retail giant also said 400 permanent staff from its Marble Arch office would be relocated, with many IT and logistic roles moved to operations in Hemel Hempstead in Hertfordshire, and Middlesex. Marks & Spencer said it still expects costs to rise by around 3.5% this year. The proposals aim to address this by removing duplication, driving accountability and establishing clear, consistent processes; which in turn will strip out unnecessary costs.



Recall Alert: Samsung Galaxy Note 7 over fire reports

Vodafone Fiji has also stated that it will provide a refund or replacement Samsung device of the same value selected by customers who bought a Samsung Galaxy Note 7. Samsung was so excited about the new phablet and the battery exploding incident really affected its image. And with rival Apple set to unveil its new iPhone next week, the timing could really prove to be unfortunate.



Philippines: Rodrigo Duterte declares 'state of lawlessness' after explosion

The local government of Davao is collecting witness accounts at the hospitals where victims are being treated with medication as well as assisting families of those who died and were injured. The group beheaded two Canadian hostages this year. Fifteen soldiers died in clashes with the Abu Sayyaf on Monday. In a statement , De Lima, a former justice secretary, said groups perceived by the government as "threats to national security" should not be accused of conspiring against the ...


ED attaches Rs 6600 cr worth properties and shares of Vijay Mallya

ED attaches Rs 6600 cr worth properties and shares of Vijay Mallya

As per Times Now, the attached farmhouse that is situated in Maharashtra is worth Rs 200 crore, an apartment and a mall in Bangalore worth Rs 800 crore and shares of UBL and USL, worth Rs 3,000 crore. By registering the fresh case, ED wants to strengthen its probe against the liquor baron and expedite a slew of actions it has initiated against him, including getting issued a global arrest warrant by Interpol and invoking the India-UK Mutual Legal Assistance Treaty (MLAT) to force the ...