Author Archives
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Billions of Euros In Back Taxes Could Hit Apple After Brussels Ruling
As the European Commission finally decides on tax arrangements between the company and the Dublin government this week, Apple and Ireland is expected to face the ire of the body. Apple could be made liable for billions of euros in… Read More ›
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Mylan’s Generic EpiPen to be Available at Half the Price of Original
As a second step in less than a week to counter the backlash over the product’s steep price, the first generic version of its allergy auto-injector EpiPen for $300, half the price of the branded product, Mylan NV said. In… Read More ›
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To Double Mining Output, India Seeks $15 Billion of Investments
With the aim of doubling mining output and cut mineral imports, India expects to woo 1 trillion rupees ($15 billion) of investment over five years. Mines Minister Piyush Goyal said in an interview that including upfront payments for discovered deposits… Read More ›
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Free Sandwiches and Streaming Being Brought Back to Coach by Airlines
U.S. airlines have gotten their financial houses in significantly better order after decades of red ink. And some carriers are exploring inexpensive ways to make flying economy class a smidge less arduous even though this new wherewithal certainly won’t mean more legroom or… Read More ›
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Google and Facebook could have to Pay Publishers Under New EU Proposals
Under the proposed European rules that are designed to shore up the collapsing revenues of traditional media companies, news publishers would have stronger rights to demand payment from digital giants such as Google and Facebook in exchange for using their content…. Read More ›
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‘Abenomics’ Falters Amid Worsening Deflationary Spiral in Japan
Dealing another blow to prime minister Shinzo Abe’s attempts to fight deflation and revive the world’s third-biggest economy, the consumer prices in Japan dropped for the fifth month in a row in July. The July figures marks the biggest annual… Read More ›
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U.K. Lawmakers say Facebook, Twitter, YouTube are ‘Recruiting Platforms’ for Terrorists
In a report released on Thursday, U.K. lawmakers alleged of “consciously failing” to stop their sites from being used to promote terrorism and recruit extremists on the part of social media firms including Facebook, Twitter and YouTube. Urging the technology giants… Read More ›
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Clean Energy Starups Being Given a Helping Hand by Amsterdam Incubator
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
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Room for Growth in Storage Space Seen by Private Equity as China E-commerce Booms
There were more modern warehouses in Boston than in the whole of the world’s most populous country when U.S. private equity heavyweight Warburg Pincus started looking at China’s logistics sector in late 2009. But a parallel binge in investment in… Read More ›
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Goldman is Upbeat Over India and these are the Reasons Why
According to Goldman Sachs, in the current fiscal year, the world’s fastest-growing major economy is set to accelerate. The investment bank said in a note that accelerating from 7.6 percent in the previous year, India’s economy is set to grow… Read More ›
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