EU tax crackdown bruises Apple and Amazon
05 October 2017 | 8:00 am
The European Union's crackdown on tax avoidance has now swept in Amazon, with an order to pay up $294 million in back taxes to Luxembourg as the bloc brings Ireland to court over a similar case with Apple.
April 20, 2023
June 11, 2023
Brazil's cattle farmers have been exporting more beef than ever before. But what's good for the economy, is bad for nature.
Amazon posted higher-than-expected revenues and profits for Q1 2023, but slowing growth in its profit-generating AWS cloud services sector sent shares tumbling after hours. Also in this edition: US economic growth slows sharply in the first quarter, and Paraguay's upcoming election on Sunday could have big geopolitical consequences for Taiwan.
Some Amazon employees staged a walkout on Wednesday to protest against the e-commerce giant's changes to its climate policy, layoffs and a return-to-office mandate.
In a big gamble for the world’s most valuable company, Apple is widely expected to launch its first major new product in almost a decade at its annual developers' conference next week: a virtual reality headset.
The "Reality Pro," or so it is rumored to be named, could pit Apple against Meta in competition over technology where real and digital worlds meet.
Apple launches $3500 augmented reality headset as interest in metaverse wanes. Watch. Apple unveils its first new piece of hardware in nearly a decade: the $3,500 Vision Pro augmented reality goggles come as interest in the metaverse has been surpassed by buzz around artificial intelligence.
EU states have agreed long-stalled reforms to migration and asylum rules. Critics say Europe is shirking responsibility.
Today, we explore the potential gridlock on the power grid, examining how outdated electrical infrastructure could obstruct the realisation of green energy projects. The press continues to cover the discovery of four children in the Amazon.
Brazil accounted for nearly half of tropical deforestation globally in 2022, found a new study. Can president Lula da Silva keep his vow to reverse the destruction wrought on the Amazon during his predecessor's term?
Satellite images showed a decrease of 33.6% in deforestation in the Brazilian Amazon. However, the area cleared during the first half of 2023 is still greater than the size of Luxembourg.
Authorities said the children who spent more than 40 days in the Amazon jungle after a plane crash in early May are doing well now. They appeared emaciated in photos taken shortly after they were found.
In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon (NASDAQ: AMZN) employees designing two types of microchips for training and accelerating generative AI.
52 mins ago
The National Stadium, Surulere, which was once Nigeria's imperial beauty and was built in 1972 by General Yakubu Gowon, has become an abandoned relic as of April 2023.
1 hour ago
Virgin Atlantic's Flight100 landed in New York on Tuesday, making the journey from London without using fossil fuels, thanks to a mix of renewable biomass and waste fats. This "sustainable aviation fuel" reportedly reduces life-cycle emissions by up to 70 percent but still emits CO2, as FRANCE 24's Bryan Quinn explains.
1 hour ago
Household Consumption accounted for the largest share of real Gross Domestic Product at market prices in the first and second quarter of this year according to data from the National Bureau of Statistics. Femi Oladehin, Partner at Àrgentil Capital Partners joins CNBC Africa to unpack the numbers and drivers of inflation in Nigeria.
1 day ago
Tonight we focus on the latest events in Guinea-Bissau. The army maintains order has been restored in Bissau following gun battle between army factions. Violence broke out last night after national guard soldiers freed an opposition minister and continued until Friday morning.
1 day ago
Evan Gershkovich was arrested in late March in Russia on espionage charges. The court extended his pre-trial detention until January 30.
1 day ago
France will ban smoking on beaches and public parks, the country's health minister said on Tuesday, presenting a series of measures as the government looks to prevent 75,000 tobacco-related deaths per year. The measures — part of a government plan to combat smoking — aim to create a “tobacco-free generation by 2032.”
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.