EU's Decision Regarding Apple Criticized by the US

European Union regulators announced the long awaited ruling earlier today, saying the tax arrangement between Apple and the Irish government is illegal and gives Apple an unfair advantage over its competitors. It was now up to Ireland to rec... More..

by | Published more than a month ago
CBN licenses 11 new International Money Transfer Operators
by | Wednesday, August 31, 2016

CBN licenses 11 new International Money Transfer Operators

It would be recalled that after the CBN released new guidelines on money transfers from overseas, several of the worldwide money transfer companies were compelled to exit due to their inability to comply with t...More..

Facing Criticism, Mylan Offers a Cheaper EpiPen
by | Wednesday, August 31, 2016

Facing Criticism, Mylan Offers a Cheaper EpiPen

The company has defended the move as strategic, noting it would prevent Mylan from being purchased by a foreign company. The product's average wholesale price has gone from $57 to $317. But public investment an...More..

by | Wednesday, August 31, 2016

Dollar jumps to three-week high ahead of United States jobs data

Spot silver was trading at $18.74 an ounce, with spot silver and December silver futures both down 11 cents. USD/JPY is anticipated to find support at 101.78, and a fall short could take it to the next suppor...More..

US senators press Mylan on 'exorbitantly expensive' EpiPen
by | Wednesday, August 31, 2016

US senators press Mylan on 'exorbitantly expensive' EpiPen

The auto injector is available for between $3 and $7. The grey hairs. And the worry lines of that fate. The maneuver would "maintain proper incentives" so the executives would remain with the company, Mylan s...More..

Nationwide report house prices up for August
by | Wednesday, August 31, 2016

Nationwide report house prices up for August

The annual rate of price growth rose to 5.6%, up from 5.2% - taking the average price of a home to £206,145. Compared with August previous year, house prices grew by 5.6%. "We believe housing market activity is...More..

by | Wednesday, August 31, 2016

Company Price Target Watch: Pfizer, Inc. (NYSE:PFE)

The rating firm gave a Hold rating to this stock in a research note on May 12, 2016.Sun Trust Rbsn Humphrey analysts issued their verdict on Pfizer Inc. A hedge fund recently raised its stake in Pfizer stock. "...More..

Two deaths, elevated lead cases linked to Life Rising supplement
by | Wednesday, August 31, 2016

Two deaths, elevated lead cases linked to Life Rising supplement

The company, headquartered in Chicago's Chinatown neighborhood, also agreed to place a hold on distributing all other Life Rising Brand supplements during the investigation. After conducting product testing, th...More..

Markets on a high as foreign investors chase Indian stocks
by | Wednesday, August 31, 2016

Markets on a high as foreign investors chase Indian stocks

Key bluechips across the sectors led by auto, banks, financials, IT, capital goods, metals, consumer durables, power, real estate, healthcare and PSUs, among others, saw a jump. Asian Paints, Cipla, Ambuja Ceme...More..

North Dakota oil output drops 20K barrels daily in June
by | Wednesday, August 31, 2016

North Dakota oil output drops 20K barrels daily in June

On Monday, developers of the project sued in federal court to stop protesters - including Archambault - from interfering with the project, alleging the safety of workers and law enforcement is at risk. The trib...More..

by | Wednesday, August 31, 2016

Clinton receives first intelligence briefing as nominee

Clinton has said that Trump and his supporters have taken on extremist views, casting the race in a Friday MSNBC interview as "not a normal choice between a Republican and a Democrat". She replied, "I am sure",...More..

by | Wednesday, August 31, 2016

Turkish tanks crushing Kurds' dream of Rojava

Turkey appeared to dispute Votel's statement that the YPG had moved east of the Syrian border town of Jarablus, which Turkish tanks and mechanized infantry took against little resistance in its August 24 offens...More..

THAI takes first A350 XWB
by | Wednesday, August 31, 2016

THAI takes first A350 XWB

The aircraft, an A350-900, is on lease from US-based CIT, says Airbus. An unsatisfactory audit by International Civil Aviation Organisation (ICAO) led to Thailand being audited by the FAA and subsequently downg...More..

Hershey shares plunge as Mondelez drops its $23 billion purchase bid
by | Wednesday, August 31, 2016

Hershey shares plunge as Mondelez drops its $23 billion purchase bid

Mondelez International has abandoned its pursuit of The Hershey Co., the company said Monday, after determining that its efforts to acquire the chocolate maker have become futile. Hershey spokeswoman Jennifer ...More..

by | Wednesday, August 31, 2016

Trade deal in doubt as France urges end to talks

However Fekl said Paris sees an imbalance in the negotiations in favour of the U.S. side. 31 de agosto de 2016, 00:02Paris, Aug 31 (Prensa Latina) France will demand an end to the negotiations with the United...More..

by | Wednesday, August 31, 2016

Mondelez says it ended talks to buy Hershey

Mondelez has abandoned talks to buy candy maker Hershey in a $23 billion deal. The snackmaker had reportedly raised its offer for Hershey to $115 a share last week. CLSA analyst Michael Lavery said tha...More..

by | Wednesday, August 31, 2016

Apple hit with $19.2bn bill after EC ruling

The Commissioner said the treatment of Apple amounted to illegal state aid. " Apple now has to repay the benefits". The issue was highlighted close to home by the LuxLeaks scandal which revealed that Europ...More..

by | Wednesday, August 31, 2016

European Union ruling on Apple unfair: White House

It has also borrowed money at low rates over the last few years. He added: "The decision by the Commission runs counter to a basic principle of the OECD which says tax liability should occur where the economi...More..

by | Wednesday, August 31, 2016

Trump Surrogate Apologizes For Tweet With Cartoon Of Clinton In Blackface

Is a black pastor supposed to be racist for a blackface cartoon of Hillary Clinton? He told 7 News' Addie Hampton that was his point behind the controversial tweet that he's now deleted. "The last thing I want ...More..

by | Wednesday, August 31, 2016

Senior ISIS Leader, Spokesman Adnani Killed, Reports Say

But the official did not say whether the target was al-Adnani. A subject of a $5 million U.S. State Department reward, he was at the top of the list of most wanted ISIS' leaders by the United States, as a sen...More..