Earlier this month the news that very few companies have registered for a new government online system created to protect value added tax revenues on foreign parcels in the event of a no-deal Brexit led BIFA to question whether government is actually listening to advice from industry experts. [Full Article...]
Revenue rose to €9.6 billion in the quarter through June, while adjusted EBIT (earnings before income and taxes) was €754 million. Following the publication of Lufthansa's Q2 results on Tuesday, shares of Lufthansa lost more than 6 percent and were among the biggest losers in the German stock index DAX. [Full Article...]
Paige Thompson, 33, a former Seattle technology company software engineer, was nabbed by Federal Bureau of Investigation agents after she boasted about the data theft one of the biggest to hit a financial services company on the information sharing site GitHub , authorities said. [Full Article...]
Iran, meanwhile, appealed to France for help in the face of US sanctions that have caused the OPEC member's crude exports to plunge. U.S. crude was up 25 cents at $57.12 a barrel, but set for a monthly decrease of around 1.8%. Crude stockpiles likely fell by 2.5 million barrels last week, according to the median forecast of analysts surveyed by Bloomberg. United States and Chinese negotiators ... [Full Article...]
The Middle East's largest economy contracted annually in the last quarter of 2018 and the first quarter of 2019, in the wake of a currency crisis that saw the lira shed almost 30% of its value against the dollar previous year. "Turkey will get over this period hopefully with two quarters (of contraction) and with minimum negative impact", Albayrak said. The lira lost about 30 percent of its valu... [Full Article...]
The crunch is more severe since Air Canada had expected to add 12 more Max jets to its fleet by July. Air Canada says it could be a year before its fleet of Boeing 737 Max passenger jets returns to the skies. That helped push profit after tax down to 243 million euros (£218.6 million) for the three months to June 30 from 309 million in the same period a year ago, slightly ahead of an analyst pol... [Full Article...]
A Grindr spokeswoman declined to allotment extra recordsdata in regards to the IPO plans. Kunlun did no longer acknowledge to requests for commentary. The U.S. government deemed the initial IPO plan insufficient to address its concerns over Chinese control of Grindr, preferring that Kunlun make a fast exit through an outright sale. [Full Article...]
The company said it would mean the removal of 200 million miniatures per year. It's more important than ever that companies challenge themselves to operate responsibly. Intercontinental Hotels Group (IHG) has announced that it will switch to bulk-size bathroom amenities in guest rooms across its entire portfolio of hotel brands. [Full Article...]