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Archive for the April 30, 2017

    • News Desk
    • Apr 30th, 2017
    • Comments Off on Italy extends tech tax fight to Amazon

    Italian tax authorities are chasing US online retail behemoth Amazon for 130 million euros ($140 million) in tax on its Italian operations, local media reported Saturday. Following similar investigations into Google and Apple, tax police

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Zuma signs anti money-laundering bill FICA into law

    South African President Jacob Zuma has signed the anti-money laundering bill FICA, which allows increased scrutiny of the bank accounts of "prominent individuals", including himself, into law, his office said on Saturday. The country risked

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  • Taiwan reported solid first-quarter economic growth on Friday as strong global demand for components for the new iPhone and other electronic gadgets keep Asia's hi-tech factories humming. The trade-reliant economy expanded for the fourth quarter

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Greece ‘on target’ for May 22 fiscal deal: PM

    Greek Prime Minister Alexis Tsipras on Saturday said his government was "on target" for a May 22 fiscal deal with its creditors to enable the country to meet July loan payments. "I think the general

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Iran gets positive output cut signals from Opec, non-Opec states

    Iran's Oil Minister said on Saturday Opec and non-Opec countries had given positive signals for an extension of output cuts, which Tehran would also back. The Organization of the Petroleum Exporting Countries (Opec) meets in

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Samsung, Apple keep top spots in smartphone market

    Samsung and Apple maintained their leadership in the smartphone market in early 2017 while Chinese-based Huawei's strong growth cemented its number three position, a market tracker said Thursday. Research firm IDC said overall smartphone shipments

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Bosnia gets $61.7 million World Bank loan

    The World Bank on Saturday approved a 56.6 million euro ($61.7 million) loan to Bosnia to help it address weaknesses in its banking sector and improve regulation and supervision. Though broadly sound, Bosnian banks are

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on Surging Chevron, Exxon profits signal oil industry turnaround

    Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat analysts' quarterly profit expectations on Friday, setting an upbeat tone as the two companies press ahead with shale oil and liquefied natural gas

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    • News Desk
    • Apr 30th, 2017
    • Comments Off on French growth slows in Q1, but shrugs off election uncertainty

    French growth slowed in the first three months of the year as more households spent less money on heating bills through a period of unusually warm winter weather and with little obvious impact from the

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  • Plans to build a Garden Bridge across the River Thames in London were killed off on Friday when Mayor Sadiq Khan called time on the project. Mayor Sadiq Khan refused to guarantee that London taxpayers

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