Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]
Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Premaitha shares soar after ending legal dispute over Down’s syndrome test September 19, 2018 Shares in prenatal diagnostics firm Premaitha Health have soared after it settled a three and a half year legal dispute. The Alternative Investment Market-listed company said it settled a patent dispute with US rival Illumina for its test to estimate the risk of an unborn child having Down's syndrome. Premaitha has also entered into a licence [...]
Premaitha shares soar after ending legal dispute over Down’s syndrome test September 19, 2018 Shares in prenatal diagnostics firm Premaitha Health have soared after it settled a three and a half year legal dispute. The Alternative Investment Market-listed company said it settled a patent dispute with US rival Illumina for its test to estimate the risk of an unborn child having Down's syndrome. Premaitha has also entered into a licence [...]
EU rules Luxembourg did not give McDonald’s special tax deal September 19, 2018 The European Commission has ruled that Luxembourg did not give McDonald's a special tax deal and blamed a “mismatch” in laws for the non-taxation of some of the fast food chain's profits. The commission's in-depth investigation, launched in December 2015, concluded the tax deal was in line with national laws and the Luxembourg-US double taxation [...]
EU rules Luxembourg did not give McDonald’s special tax deal September 19, 2018 The European Commission has ruled that Luxembourg did not give McDonald's a special tax deal and blamed a “mismatch” in laws for the non-taxation of some of the fast food chain's profits. The commission's in-depth investigation, launched in December 2015, concluded the tax deal was in line with national laws and the Luxembourg-US double taxation [...]
Starbucks’ European arm paid just 2.8 per cent tax in the UK September 19, 2018 Starbucks' European business paid 2.8 per cent tax in the UK on profits of $213m (£162m) in the year ending October 2017. The coffee chain's Europe, Middle East and Africa (EMEA) division, based in London, paid $5.9m in UK corporation tax, its accounts reveal. Its profits were boosted by a dividend payment of $150m, which [...]
Starbucks’ European arm paid just 2.8 per cent tax in the UK September 19, 2018 Starbucks' European business paid 2.8 per cent tax in the UK on profits of $213m (£162m) in the year ending October 2017. The coffee chain's Europe, Middle East and Africa (EMEA) division, based in London, paid $5.9m in UK corporation tax, its accounts reveal. Its profits were boosted by a dividend payment of $150m, which [...]
