Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. Apple’s combative stand underlines its anger with the European Commission, which ... Read More »
The dollar and U.S. bond yields fell on Monday while Asian shares hit a four-week low, as investors cashed in on some of their recent bets that the anticipated fiscal boost from the incoming Trump administration will support riskier assets. Wall Street hit record highs and the dollar rose to ... Read More »
The troubles in Italy’s banking sector are not having any impact on the mood in corporate boardrooms around Germany and neither is the election of U.S. Republican Donald Trump, an economist at the Ifo institute said on Monday. “The Italian crisis is not having any effect. The markets know that ... Read More »
Does your little girl have her heart set on finding a Hatchimal under the tree? Good luck — the animatronic bird-like creatures that “hatch” from eggs are one of the toughest toys to find this holiday season. And it’s not the only hot toy in short supply this year. Nostalgic ... Read More »
Having the world at our fingertips through the latest technology is neat and all but according to Suavine Ta’ape, from the village of Faleula, there are negative impacts to it. Aged 55, Suavine says that technological advances are great but there is a grey area that we really need to ... Read More »
In a sense, it was surprising that 2016 was the year in which the social threat posed by rapid technological progress became a topic of serious and widespread discussion. It was, after all, the first year since 2007 when all of the world’s advanced economies managed to grow and in ... Read More »
For many buyers, the joy of receiving possession of their homes is fast turning to dismay as they cannot rustle up the finances for relocation – that too in cash. Builders too are citing demonetisation and the subsequent labour crunch as reasons for delay in projects getting completed on time. ... Read More »
Buildings and real estate projects, between 20,000 and 300,000 sq. metres, will no longer need to be assessed for their environmental impact, by the Centre. From now on, States can integrate the clearance process of such projects into their building by-laws to streamline environmental clearance to a significant chunk of ... Read More »
Malayalam actor Dhanya Mary Verghese has been arrested for involvement in Rs 130 crore real estate fraud. She had been absconding for over a month before the police nabbed her. Dhanya Mary Verghese. File Photo The Times of India reports that she was arrested in Nagercoil along with her husband John ... Read More »
Earlier this month, Donald Trump used a “thank-you” rally in Des Moines, Iowa, to give his supporters further insight into the “deal-making” team he intends to build in Washington. As president-elect, Trump has so far nominated a number of billionaires, three Goldman Sachs bankers and the chief executive of the ... Read More »
Demonstrators in the Polish capital Warsaw have renewed their protest against government plans to restrict journalists’ access to parliament. Crowds gathered outside the presidential palace on Saturday morning and then marched to parliament. Inside parliament itself, opposition MPs have continued a sit-in that began on Friday. Polish Prime Minister Beata ... Read More »
Last week Venezuela announced it would withdraw its highest-denomination banknote from circulation. Long queues formed outside banks as people scrambled to change theirs before they became redundant. The withdrawal of the 100-bolivar note has now been delayed until the start of January, but ordinary people must still grapple with spiralling ... Read More »
