Ireland has announced that it is planning to close a loophole in its tax laws that is used by Apple to hold £25 billion out of the reach of taxation.Under the current laws, companies are able to set up Irish subsidiaries with no declared tax residency, leaving them free to...
Despite being known for DVD, book and CD sales, Amazon has revealed that its most popular products over its 15-year history are actually 8GB memory drives and HDMI cables.In a list published to mark its 15th anniversary, Amazon said that other best-selling products in its history included the Call of...
A shopkeeper has died in an attack that left one other man injured after an attack in Rotherham. Reports of a man brandishing a machete in the Eastwood area and near a Tesco store in the town centre were reported to police yesterday afternoon. A 27-year-old man has been arrested...
Coca-Cola has said that quarterly profits were “sound” despite volatility in emerging markets resulting in tough trading conditions from which it was not “immune”.In a statement, chief executive Muhtar Kent said: "Importantly, the company remains committed to its long-term performance goals and to delivering the shareowner returns by always providing...
Argos is set to take on Tesco in a battle of budget tablets in time for the Christmas shopping season.The MyTablet Android device will cost approximately £100 and be aimed at the "tweenie" market of eight- to 13-year-olds. It will be available online from Wednesday.John Walden, MD of Argos, commented:...
The UK head of B&Q, Martyn Philips, is to leave the firm by “mutual agreement” immediately.Kevin O'Byrne, CEO of B&Q and Koçtaş brands, will assume direct leadership of B&Q UK & Ireland, from today.Commenting on the change Ian Cheshire, group chief executive said: "Our customers and our market place continue...
US cosmetics group Avon has announced that it will close its French operations by the end of the month, after almost 50 years.The company employs 120 staff in Paris, supporting 11,000 representatives in the country who have accused the company of acting irresponsibly towards them and keeping them in the...
Burberry’s chief executive Angela Ahrendts is to leave the firm after eight years to join Apple.Burberry confirmed the news in a statement this morning that Ms Ahrendts would be replaced by chief creative officer Christopher Bailey by mid-2014. The company said the move follows “nearly a decade during which Angela,...
The area around Wembley Stadium will reopen as an outlet village this month, following a £3.5 billion renovation in the mould of Oxfordshire’s Bicester Village.The London Designer Outlet will feature 85 shops including Marks & Spencer, Nike and Superdry as well as restaurants, cafes and a nine-screen cinema.The complex is...
A new report from online travel company Expedia has said that travel could be about to change forever, with no-queue airports and the ability to book holidays without specifying a destination or date. However, this “revolution” depends on customers sharing personal information and co-operation between travel firms as well as companies...
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