Mr. George Osborne, the UK chancellor of Exchequer has put greater effort in collection of unpaid tax and dealing with tax avoidance. As a result of this Starbucks Corporation the world’s biggest coffee shop operator has agreed to pay more…
Brewing scandal risks yet more damage to Mauritius’ international image
With a booming financial sector and a thriving tourism industry, Mauritius is making rapid progress towards its stated aim of becoming a new hub for global investment. Nestled in the Indian Ocean some 1,400 miles off the coast of south-east…
UBS’s bid for GE’s Swiss Lending Unit
UBS bid for the Swiss consumer lending business which is now in the hands of Gen for auction. The deal may possibly end up with 1.5 billion Swiss francs equivalent to $1.6 billion. The Swiss bank UBS story: Swiss bank UBS…
What are Insolvency Practitioners and when do I need one?
Many people believe that they only can call Insolvency Practitioners (IPs) when their company has actually become insolvent, but this is not entirely true. Before that, there are several situations where you might need an insolvency practitioner, like those cases…
The Link between Sleep Problems and Mental Health Problems
Research has proven that lack of sleep worsens psychological disorders. Scientists examined 500,000 participants and found out that participants who had disrupted sleeping patterns were at risk of suffering from mood disorders, sadness and loneliness. To make this conclusion, scientists…
Patent Case – Microsoft Corporation Vs Motorola
Motorola and Microsoft Corporation are bent upon on keeping the patent case between them secret from public view as well as are struggling hard for the settlement of the same. Both the companies have approached the federal judge in Seattle…
Possible Bankruptcy Filing by Edison Mission Energy
Power company Edison Mission Energy the unregulated power generation business of Edison International, having operations in dozens of U.S. states, may have to file a possible bankruptcy trying to restructure its debt of $5 billion. According to a source who…
Is Apple Inc. interested in TomTom NV..?
Wednesday trading on the Amsterdam Stock Exchange saw shares of Dutch suppliers of navigation applications TomTom NV surge. Followed by a prediction of a Rabobank International analyst that the US company Apple Inc. may be interested in a takeover, the…
Macy’s Share Buyback Program
Macy’s, Inc. (NYSE: M), one of the leading U.S department store retailers, hiked its share repurchase program by $ 1.5 billion, amounting the whole authorisation outstanding to $1.861 billion. Through the first 9 months of the current year Macy’s, Inc.…
Hewlett-Packard Gets Boost Over Carl Icahn’s Buy Rumors
The rumour of Icahn Enterprises’s interest in purchasing Hewlett-Packard Company’s share booms the share value of the PC manufacturers. The news that Icahn Enterprises, is building a stake in the company regains the confidence of the investors. The market Rumour:…