Apple pays a fair share of the taxes it owes the U.S. and other nations, its CEO said Tuesday, despite criticism from U.S. senators that the company is ducking taxes by shifting profits to subsidiaries that the company does not consider tax ...
Tags: Computer Products, Apple
LEEVAC Shipyards Jennings LLC, of Jennings, LA, a subsidiary of LEEVAC Shipyards, LLC announced today that it has signed contracts with Hornbeck Offshore Services, LLC, an affiliate of Hornbeck Offshore Services, Inc. (NYSE:HOS) of ...
Tags: Transportation, Service
Apple CEO Tim Cook has defended his company against charges of aggressive tax avoidance in a hearing in front of a Congressional committee in the US Senate. In a report, the Senate Permanent Subcommittee on Investigations claimed that ...
Tags: Computer Products, Apple
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
The local sharemarket fell in cautious trade yesterday before US Federal Reserve chairman Ben Bernanke's testimony to US congress and the release overnight of the minutes of this month's Fed board meeting. The benchmark S&P/ASX 200 closed ...
Tags: Sharemarket, Bernanke, US Congress
To get an idea of how American coastal waters might look just before they succumb to all the degradations they have suffered these past five centuries, it would be worth taking a July trip to Mobile Bay, an Alabama inlet that feeds into the ...
Tags: Agriculture, Food
The US Senate has dragged Apple, the world's most valuable company, into the debate over the US tax code, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in US taxes. Cook said the ...
The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit
Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new ...
Tags: Apple, Computer Products
The Senate immigration bill's H-1B restrictions have clearly upset Indian IT services providers. But sometimes being in a tough spot can prompt a company to find new ways of approaching problems, as Infosys is doing with a plan to use ...
Tags: Immigration Reform, Software Robotics, Computer Products
Apple has been accused of being one of the largest tax avoiders in the US, by a powerful committee of US senators. The company's chief executive, Tim Cook, CFO Peter Oppenheimer, and head of tax operations, Philip Bullock, will appear ...
Tags: Computer Products, apple
Kongsberg Evotec AS, a Kongsberg Maritime company, will provide the complete back deck solution for handling of up to 20 streamers simultaneously aboard a GC Rieber owned new-build seismic exploration vessel, awarded by builder Kleven. ...
Tags: Kongsberg, handling systems, Transportation
Japan's Osaka Gas and Kyushu Electric Power have signed a 12-year LNG transportation agreement with shipping company Mitsui OSK Lines to lift contracted volumes from the Ichthys LNG project offshore Australia, Osaka Gas said in a statement ...
Tags: Metallurgy, Mineral, Energy, Gas
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain