Ireland scraps low corporation tax to fall in line with global peers October 8, 2021 Ireland is set to hike its corporate tax rate from 12.5 per cent to 15 per cent, as the country signs up to a global tax reform for minimum rate internationals. Its low tax rate had previously drawn in tech giants like Apple and Facebook, who both centre their European operations there. The reform, finalised [...]
Apple plays it safe with the new 9th generation iPad October 7, 2021 I remember clearly the release of the first iPad back in 2010. Coming just three years after Apple had reinvented the mobile phone, the iPad seemed to create an entirely new product category. While there had been tablets before it, they lacked that sprinkle of Apple magic that drove the iPad into millions of homes, [...]
Ireland drops opposition to global corporation tax deal October 6, 2021 Ireland has dropped its opposition to raise global corporation tax rates to 15 per cent, bringing a deal to level the business tax regime a step closer. Discussions between Ireland’s finance minister, Paschal Donohoe, and other kingpins driving the agreement among countries that represent around 90 per cent of the global economy has yielded positive [...]
Chinese energy restrictions hit iPhone suppliers October 6, 2021 Manufacturers have warned that further disruption to China’s energy supply could hamper the production of tech products, including iPhones. In the final week of September many factories in the key manufacturing hub of Jiangsu were forced to cut or stop output altogether after the province was called out by the government for exceeding its carbon [...]
Soaring oil prices fuel London markets October 5, 2021 Soaring oil prices fuelled industrial megacaps this morning, pulling London markets away from yesterday’s losses. The capital’s premier index added 0.60 per cent to reach 7,052.75 points during the first couple hours of trading today. The likes of Shell and BP were boosted this morning by oil prices reaching a seven-year high, climbing above $80 [...]
iPhone 13: An extraordinary device that wins you over gradually – CityAM : CityAM September 30, 2021 Those following the launch of Apple’s iPhone 13 Pro could be forgiven for thinking it doesn’t push the envelope far beyond last year’s already-excellent 12 Pro. It’s essentially the same chassis, distinguishable only by the new colourways – notably Gold and the powdery Sierra Blue – and a marginally smaller “notch” housing the front-facing camera. [...]
Sarah Everard: Wayne Couzens sentenced to whole life in prison September 30, 2021 Met Police officer Wayne Couzens has been sentenced to a whole life order after admitting to the kidnap, rape and murder of Sarah Everard. Couzens was a serving police officer with the Metropolitan Police when he kidnapped the 33-year-old marketing executive. At the sentencing at the Old Bailey on Thursday afternoon, Lord Justice Fulford said [...]
iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw September 30, 2021 Visa as a transport card via Apple Pay should be removed urgently by iPhone users after researchers said they uncovered a flaw that lets fraudsters bypass security and make unlimited contactless payments. The issue could be exploited to make transactions from an iPhone inside someone’s bag, without their knowledge, experts from the University of Birmingham [...]
British banks in Hong Kong have traded away their principles September 30, 2021 Hong Kong has been a crucial economic gateway between East and West for decades. As one of the biggest markets in the world, the city has punched well above its weight on the international business stage. With recent political and social upheaval and repression, however, that reputation is changing. Despite a shift in the global [...]
US markets slide on tech companies despite 3 year high for oil September 27, 2021 In the US both the S&P 500 and the Nasdaq indexes took a tumble from their previous close prices as technology companies spearheaded losses. The S&P 500 was down 0.28 per cent at the open despite a standout performance by energy stocks on the back of surging oil prices. Occidental Petroleum Corp jumped by 7.86 [...]