Vale said that it’s wholly owned subsidiary Vale International based in St Prex, Canton of Vaud, Switzerland has resolved its tax dispute with the Swiss federal authorities. The tax dispute was related to the federal tax holiday ...
Tags: real estate, Vale settles tax, tax dispute, tax
The prelimary economic assessment for the Ashram rare earth deposit in Quebec shows "robust economics," says Canadian explorer Commerce Resources (TSX-V:CCE). The project is within the Eldor property located in the iron-ore rich region of ...
Tags: Canada, Quebec, Rare Earth, Metallurgy
Microsoft and Hewlett-Packard are using "loopholes and gimmicks" to avoid paying millions of dollars in U.S. taxes, the chairman of a U.S. Senate subcommittee said Thursday. Microsoft is shifting a disproportionate amount of its profits ...
Resource nationalism is assuming more subtle forms as governments resort to measures outside of blatant asset expropriations to retain the benefits proffered by their geological bounties. In an interview with the Financial Times (paywall) ...
Tags: Resource Nationalism, geological bounties, oil, mining
PPR Group will use e-commerce technology and international shipping services from Pitney Bowes Inc to expand the online global reach of some of its luxury brands. PPR Group will use Pitney Bowes's e-commerce software and services to help ...
Tags: e-commerce technology, international shipping services, luxury brands
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
Swedish authorities now suspect Pirate Bay co-founder Gottfrid Svartholm Warg of serious fraud and another data intrusion in addition to the alleged hacking of IT company Logica that led to his arrest, public prosecutor Henrik Olin said ...
Tags: Pirate Bay, data intrusion, hacking, IT
For its fiscal fourth-quarter 2012 (to end-June), optical communications and laser component, module and subsystem maker Oclaro Inc of San Jose, CA, USA has reported a second consecutive quarter of growth as it continues to recover from ...
Reuters reported that South Africa wants to impose export curbs on minerals such as platinum and iron ore as part of a drive by the ruling African National Congress to create more jobs in industry in the continent's biggest economy. The ...
Tags: South Africa, minerals, platinum, iron ore
IT trade body Intellect is calling for the chancellor of the exchequer George Osborne to abandon the Carbon Reduction Commitment (CRC). Intellect argues that, since datacentres underpin a modern digital economy, the growth in data volumes ...
Tags: Intellect Calls, Chancellor, CRC, Carbon Tax
Business Inquirer Net reported that diversified conglomerate San Miguel Corporation will reopen the Nonoc nickel mine with a new USD 2.5 billion refinery, in a deal that is only awaiting the approval of President Aquino. Mayor Ernesto ...
Tags: San Miguel, Nonoc nickel mine, nickel, mine
Business Recorder reported that the Federal Board of Revenue will apply Section 153 of the Income Tax Ordinance 2001 on the ship breaking industry and recover 3.5% withholding tax on sale of ship plates to steel re-rolling mills recovery of ...
Tags: Federal Board of Revenue, Income Tax Ordinance, withholding tax, steel
For second-quarter 2012, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $136.5m, down 2% on $139.9m last quarter and 48% on $264.8m a year ago. Fiscal ...
Tags: Veeco, MOCVD, revenue and earnings
Former CTO of BT, Peter Cochrane, has responded to the government and BT who had hit back at his claims that UK's broadband plans were "visionless", by sarcastically encouraging the government to show off its plans to fast-growing economies ...
Tags: Peter Cochrane, BT, UK's broadband, broadband rollout
According to the related information, the results of preliminary verified GDP for the first three quarters in 2012 are as follows: Annotations: Quarterly GDP Accounting Instructions 1. Overview on Quarterly GDP Accounting 1.1 Basic ...
Tags: Service, GDP, National Bureau