Author Archives

• Landmark Transfer Pricing tax suit – Coca-Cola vs the U.S. IRS

  By admin1 on April 2, 2018 • ( 0 )

  

  The lawsuit is drawing loads of eyeballs since it could set a precedent for MNCs over their transfer pricing mechanism. In a lawsuit, closely watched by tax experts, that marks a growing signs of tension between the U.S. Internal Revenue… Read More ›

• Beijing imposes additional tariffs on U.S. exports

  By admin1 on April 2, 2018 • ( 0 )

  

  Beijing move will impact $3 billion U.S. exports to China. China’s finance ministry stated, Beijing has imposed additional tariffs of up to 25% on 128 U.S. products including including certain nuts, wine and frozen pork, in response to U.S. duties… Read More ›

• Christian Strenger, founding member of Germany’s Corporate Governance Commission calls investors to vote against Wolfgang Porsche’s re-election to VW’s board at its AGM

  By admin1 on April 2, 2018 • ( 0 )

  

  Although Christian Strenger has a a small stake in VW, as the ex-CEO of DWS, Deutsche Bank’s asset management arm, and being the founding member of Germany’s Corporate Governance Commission, he has a prominent voice. German newspaper Frankfurter Allgemeine Sonntagszeitung… Read More ›

• Trump’s attack on Amazon.com leads to $24 billion loss in market capitalization

  By admin1 on April 2, 2018 • ( 0 )

  

  As per news reporting service Axios, Trump is considering ways to rein in Amazon’s power. In the second instance of its kind, U.S. President Donald Trump came down heavily on Amazon.com Inc accusing it of benefiting unfairly from cheap rates… Read More ›

• Walmart Inc takes the fight to Amazon.com Inc: explores close ties with health insurer, Humana Inc

  By admin1 on March 30, 2018 • ( 0 )

  

  If a deal was to materialize, Walmart will have to navigate the complex U.S. healthcare industry while meeting the challenges of a rapidly changing retail market.   As per sources familiar with the matter at hand, Walmart Inc, the world’s… Read More ›

• U.S. District Judge Valerie Caproni dismisses Exxon Mobil Corp’s lawsuit against NY and Massachusetts

  By admin1 on March 30, 2018 • ( 0 )

  

  In an interesting turn of events U.S. District Judge Valerie Caproni dismissed Exxon Mobil Corp’s lawsuit against the Attorney General of NY and Massachusetts on the grounds of Exxon’s arguments being “implausible”. In a setback to U.S oil giant Exxon… Read More ›

• Amazon fires two lobbying firms, hires two more in replacement

  By admin1 on March 30, 2018 • ( 0 )

  

  The ouster of Akin Gump Strauss Hauer & Feld LLP and Squire Patton Boggs is likely to be related to U.S. President Donald Trump’s tweet that the Amazon is not paying enough taxes. On Friday, as per a report from… Read More ›

• iQiyi priced its U.S. IPO at $18 per share: source

  By admin1 on March 29, 2018 • ( 0 )

  

  iQiyi, China’s equivalent to Netflix, will be listed on the Nasdaq on Thursday under the symbol IQ. Unlike its U.S. peer, the video streaming platform has a low subscriber base and generates additional revenues from syndication, online marketing and gaming…. Read More ›

• Britain’s Treasury Committee begins investigation into the fantastic sums of money that is being invested in Britain

  By admin1 on March 29, 2018 • ( 0 )

  

  Under new laws Britain’s Treasury Committee can order the siezure of assets if their owner(s) are unable to explain the source(s) of their funds; providing misleading statements could result in fines or up to two years in the cooler. Following… Read More ›

• Equifax appoints Mark Begor as its CEO

  By admin1 on March 29, 2018 • ( 0 )

  

  Mark Begor, 59, is set to join Equifax on April 16, this year. His appointment at the help of the consumer credit rating agency comes at a time when the firm faces significant headwinds stemming from what is slated to… Read More ›