The first installment of the tax amount that was ordered by the European Commission (EC) to pay back to the Irish government on Apple was paid up by the U.S. company. The Commission had made the order based on allegations of violation of the State Aid rules of the European Union (EU). The company deposited…
Any attempt by U.S. President Donald Trump at blocking a proposed gas pipeline project between Russia and Germany would be resisted strongly, said the Russian President Vladimir Putin to German Chancellor Angela Merkel during their meeting on Friday. While Germany has severely protested the Russian annexation of Crimea four years ago and the two countries…
The investigating appears to focus on Cambridge Analytica’s financial dealings. As per a New Yorks Times report, the FBI and the U.S. Justice Department are investigating Cambridge Analytica, the now-defunct political data firm that was embroiled in a massive scandal over its handling of Facebook Inc user data. Prosecutors are wanting to question former Cambridge…
An attempt by the U.S. authorities to tax big businesses has brought to unlikely foes together – Amazon and organized labor in Seattle. Some leaders in Seattle have expressed their desire to charge large employers for every employee of them working in Seattle keeping in mind the housing crisis being faced in America’s prosperous cities.…
Following the decision of the U.S. government to ban U.S companies from selling vital components to the Chinese company ZTE, it has stopped its primary operations in the country, the company announced on Wednesday. The U.S. government had taken the step last month. This has put the company at the center of the ongoing trade…
Australian Prime Minister Malcom Turnbull intends to bankers and financial advisers to provide advice to customers in a plain language and record those conversations. The prime minister says that too many cases have been found where customers were given a secondary focus and he is not pleased and is disappointed with the outcomes of the…
Is an end opt the trade tensions and the looming trade war between India and China in sight? Such questions were raised after the U.S. President Donald Trump announced the visit of some of his top economic advisers to China. Trump said on Tuesday that the delegation would be leaving for China “in a few…
