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Luca Maestri, Apple's CFO expressed that their June quarter results continued to reflect on the company’s ability to manage the business effectively.
A swiss investment group is helping to get iran's rail infrastructure back on track . welcome to date of your business i'm christopher colbert in berlin the european commission is turning the screws on us tech companies on wednesday it ordered amazon to repay a quarter of a billion euros and back at the commission is taking ireland to court for failing to collect billions from apple patience has run out of the european commission taking to the podium that you competition commission announced that brussels had on and in its sights taking the country's government to the european court of justice...
Stop the market at this point i believe it was the forty second record close for the s. and p. five hundred just within this year and yet i want to return to our main story here the e.u. is cracking down on apple's and amazon's tax avoidance schemes how is this news received on wall street well i mean taxation is a hot topic all over the globe especially for to get knowledge even companies but when it comes to the european union going after amazon and apple the big question is first of all will they really get the money luxemburg island apple amazon they actually can. appeal this decision and ...
Currently appealing the case it argues that the revenues in question a subject to u.s. tax rules instead meanwhile luxembourg was also singled out by the commission on wednesday ruling that it has granted online shopping giant amazon on due tax benefits for the past eight years leading around three quarters of its profits untaxed the e.u. says that gave it an unfair advantage over other companies. not justified amazon now has to repay the tax benefit worth around two hundred fifty million euros plus interest the commission's position is clear it states that no matter your flag or ownership pay...
On a cash load of about two hundred fifty billion and most of that money is part over seas and especially in europe anyhow so wall street actually was not too current cern the stock of amazon gains almost one percent of all the just traded slightly lower court in new york thank you. google has announced its first smartphone made fully and house the pixel to boast of google says is the world's highest rated camera as well as an ultra vivid display it's the firm's first foray into hardware since google acquired key parts of taiwanese electronics group h t c. the european commission has to decide...