One chart showing just how important the iPhone is to Apple September 7, 2016 Apple is just hours away from launching its latest long-awaited and much hyped flagship smartphone, the iPhone 7. While the lack of a headphone socket has fans all of a flutter, it's the wider context of the launch which has Apple-watchers wondering. Read more: Crunch time for Apple ahead of iPhone 7 launch? The smartphone market [...]
Apple iPhone 7 launch: Betway says new handset is odds-on to sell less than previous iPhone6 September 7, 2016 Online gambling group Betway is betting that Apple's newest release, the iPhone 7, will not prove as popular as previous versions when it hits shelves tomorrow. Apple is hoping to put to bed the idea that it has passed its peak with the release of its latest smartphone, which will boast a number of improved features, such as a [...]
Multinationals could be forced to declare country-by-country revenues and taxes thanks to an amendment tabled in parliament by a Labour MP September 6, 2016 New UK legislation could force multinational corporations to reveal the taxes they have paid in every country in which they operate, after MPs voted in favour of landmark new tax proposals this evening. The new rules would introduce a country-by-country reporting system, allowing tax information published by HM Revenue and Customs (HMRC) to include details on where a company's revenues [...]
Wake up, Britain: Your post-Brexit future is brighter than you realise September 6, 2016 This is an extract from a speech to be given at the Institute for Turnaround Conference in London on 8 September 2016. Britain's future is brighter than the British realise. This is perfectly obvious to outsiders but the British can’t believe it. Britain has been for some time the second most compelling investment destination after [...]
Crunch time for Apple ahead of iPhone 7 launch? September 6, 2016 Apple is preparing to put to rest critics' claims that it has peaked, with the launch of a new iPhone on Wednesday evening. Chief executive Tim Cook is expected to unveil the iPhone 7, tempting consumers with a improved features such as a dual camera for taking better photos, while other familiar ones could disappear – the headphone jack [...]
La Compagnie suspends its business-only London to New York service from end of the month September 5, 2016 A business class-only airline blamed the Brexit vote for its decision to suspend its London to New York route. La Compagnie said that the outcome of the EU referendum had created "long term uncertainty for the airline industry" and decided that it would replace the London Luton departure with a second daily flight from Paris to the Big Apple. [...]
Now you can open a HSBC account with a selfie September 5, 2016 Forget passwords and pins, but now its not even fingerprints or eye scanning that is replacing these traditional security measures — it's selfies. HSBC will now let its business customers open an account simply using a selfie thanks to facial tracking technology, a type of biometrics which is becoming increasingly popular among firms as a way of making [...]
EU takes closer look at more Irish tax deals, as Apple decision fallout rumbles on September 4, 2016 The European Commission is closely scrutinising a slew of Irish tax opinions, less than a week after its competition division decided its dealings with Apple amounted to illegal state aid. The European Competition Commission hit the tech giant with a bill for €13bn (£10.9bn) last week following a two-year investigation into the company's tax affairs in Ireland. [...]
Ireland agrees to appeal against €13bn Apple tax repayment demand from EU September 2, 2016 Ireland's coalition government has agreed to appeal against a multi-billion-euro back tax demand that the European Commission slapped on iPhone maker Apple earlier this week, after independent members of the Cabinet gave their backing. "A motion will come before the Dail (the Irish parliament) on Wednesday seeking an endorsement of that decision," a government spokesman said. On Tuesday, [...]
Samsung stops selling Galaxy Note 7 and issues recall after reports of spontaneous explosions September 2, 2016 South Korean smartphone manufacturer Samsung is pulling its latest handset off the shelves – due to a risk of spontaneous combustion. The product recall was prompted by reports of phone batteries exploding. “Samsung is committed to producing the highest quality products and we take every incident report from our valued customers very seriously. In response to recently [...]