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.... We will give the boutiques a lot more prominence on social media and via local community initiatives,” she said. “There is an amazing opportunity where we can really be a global business with a local flavour. ... [Read full article on Guardian ]
Friday 23rd of June 2017 11:11:44 PM
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Handbags at dawn with Farfetch, the latest thing in upmarket online fashion image
.... We will give the boutiques a lot more prominence on social media and via local community initiatives,” she said. “There is an amazing opportunity where we can really be a global business with a local flavour. ...
Millennial ‘influencers’ who are the new stars of web advertising image
Source : Guardian [Read Article] Saturday 27th of May 2017 11:05:41 PM
....”. There is no doubt that a generation of style-conscious entrepreneurs are making a good living – in some cases a fortune – by building their own personal brands online with fan bases to rival many established global businesses. ...
Mine craft: why BHP's strategic overhaul could help repel a hedge fund predator image
.... As part of its “Think Big” rebranding theme, the world’s biggest mining company opted to shed the Billiton moniker it acquired in a 2001 merger with a Dutch-South African company and revert to its previous true-blue Aussie name. BHP says the rebranding – complete with TV ads about how seven ordinary blokes in the outback founded what is now a global business worth $A94bn (£54bn) – is part of a long-term plan started 18 months ago to reconnect with communities. ...
GM to stop making cars for Indian market image
Source : BBC [Read Article] Friday 19th of May 2017 05:19:34 AM
....It also said that its plant in Maharashtra would continue to make cars for overseas markets, mainly central and south American regions. GM has announced similar plans for South and East African markets as part of its global business restructuring. ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Monday 15th of May 2017 08:08:53 AM
...." . "Things may be getting tougher for the UK economy this year as rising inflation and weak wage growth look set to dent consumer demand, but the Footsie dances to a different tune because so many of the companies within it are global businesses, and thus not overly reliant on domestic conditions. ...
Diageo told to pay £107m in extra tax in profits row image
Source : BBC [Read Article] Wednesday 10th of May 2017 04:49:21 PM
. Diageo has been ordered to pay £107m by the UK tax authority as part of a long-running investigation into moving profit between its global businesses. ...
HSBC spends more on fighting financial crime as profits fall by 19% image
Source : Guardian [Read Article] Thursday 4th of May 2017 05:55:16 AM
....“This is a good set of results,” he said. “The increase in adjusted profit was driven by strong performances in three of our four global businesses. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
....However, the company said its "commitment to manufacturing in Yorkshire" was unchanged, but that it was "taking a moment to think through" the plans. Burberry's chief finance officer Julie Brown said: "Clearly, with the election announced yesterday, there is a period of instability as we go through Brexit, and that's a concern for any global business. ...
Which charity website should you use? image
Source : Guardian [Read Article] Sunday 9th of April 2017 05:59:00 AM
....“If we do that, how could we then charge a fee, say, to a small child who needs urgent cancer treatment abroad?” says Goode. JustGiving is a for-profit organisation but Goode says that all the funds the website generates are ploughed back into the global business, which has raised more than $4. ...
Huawei defeats Samsung in patent battle in China image
Source : BBC [Read Article] Thursday 6th of April 2017 11:22:55 AM
...."Huawei is still evaluating the decision as well as its possible next steps," said a spokesman for the firm. "Huawei does not believe that this decision will adversely affect its global business operations. ...
Why denying refugees the right to work is a catastrophic error | Paul Collier and Alexander Betts image
.... While in Amman, Cameron had met King Abdullah, who suggested the idea to him. In January 2016 at Davos, the forum for global business, Queen Rania of Jordan acclimatised CEOs to the idea that corporate social responsibility to refugees did not mean diverting some profits into sending blankets; rather, it meant putting their core skills to use by integrating them into global supply chains. ...
Business rates: pressure grows for total rethink on controversial tax image
Source : Guardian [Read Article] Thursday 23rd of February 2017 05:43:01 PM
....The boss of Intu, which owns some of the UK’s biggest shopping centres including the Trafford Centre in Manchester and Metrocentre in Gateshead, said the “extreme” business rates climate was a bigger deterrent to international retailers considering opening shops here than the uncertainty created by the Brexit vote. David Fischel, chief executive of Intu, said: “Retail has become a more global business. ...
Donald Trump retains direct tie to businesses, documents show image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:30:22 PM
....The trust contains a mix of cash from Trump’s sales of stock investments over the summer and his physical and intellectual properties, such as Trump Tower in New York, Mar-a-Lago in Florida – the so-called “winter White House” where the president is spending this weekend – and branding rights. The details align with what Trump and attorney Sheri Dillon outlined at an 11 January news conference about Trump’s plan for what would become of his global business empire while he is president. ...
The new robot revolution will take the boss's job, not the gardener's image
Source : Guardian [Read Article] Sunday 22nd of January 2017 01:38:08 PM
....Guy Ryder is an old hand at Davos. The director general of the International Labour Organisation has seen it all: the years when the global business elite is brimful of confidence and the years, such as 2017, when the top 1% of the top 1% is fretful. ...
Natarajan Chandrasekaran: Who is new Tata Group chairman? image
Source : BBC [Read Article] Friday 13th of January 2017 10:28:22 AM
....The fact that he is a Tata veteran, an "insider" who understands the dynamics and complexities of the group, also gave him an edge over other candidates in the race. "He is a global business leader with boldness of vision and drive for results. ...
MPs hear call for five-year transitional Brexit deal image
Source : BBC [Read Article] Tuesday 10th of January 2017 01:35:55 PM
....He warned that many tens of thousands of jobs might move from the UK to elsewhere in the EU, because firms, especially foreign ones, currently based in the UK would wish to continue doing business with the rest of Europe under existing EU rules. "Without a clear path to continued operation of our global businesses our customers simply would not wait," said Mr Rolet. ...
VW agrees further $1bn settlement deal over emissions scandal image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:18:29 AM
....0-litre US vehicles had an undeclared auxiliary emissions system that allowed the cars to emit up to nine times allowable limits. The scandal hurt VW’s global business and reputation and led to the ousting of its chief executive. ...
Legal sector 'at risk' without Brexit guarantees image
Source : BBC [Read Article] Tuesday 20th of December 2016 12:24:09 AM
....These require EU member states to recognise and enforce each others' law. It says losing this would make the UK a "less attractive" place for global businesses to resolve legal disputes and draw up commercial contracts. ...
McDonald's to scrap Luxembourg tax structure image
Source : Guardian [Read Article] Thursday 8th of December 2016 05:11:31 PM
.... In October last year, G20 leaders agreed a radical overhaul of international tax rules designed to stamp out such loopholes. The Organisation for Economic Co-operation and Development, a thinktank for developed economies responsible for drawing up the revisions, has estimated that, even on conservative assumptions, large global businesses were shifting profits and eroding the tax receipts of economies around the world at a cost of $100bn-$240bn (£65bn-160bn) a year – equivalent to between 4% and 10% of global corporation tax revenues. ...
Crackdown on financial spread betting proposed by FCA image
Source : BBC [Read Article] Tuesday 6th of December 2016 09:29:54 AM
....Plus 500, which also saw its share price fall, said the FCA's plans would have "a material, operational and financial impact on the UK regulated subsidiary". This represents about 20% of its global business. ...
Strong-arm Apple and tax China bigly: a guide to Trump's possible tech policies image
....Apple is dealing with a complex problem in Ireland, where the European Commission is seeking “recovery of illegal state aid” for alleged unpaid taxes of up to €13bn, plus interest. It is standard for global businesses to exploit loopholes that allow them to register profits in countries with lower corporate tax rates, though that means the profits (and taxes that go with them) don’t come back to the US. ...
HSBC boss urges government clarity on EU workers in the UK image
Source : BBC [Read Article] Monday 7th of November 2016 07:16:23 AM
....HSBC is the last of the UK's major banks to report quarterly results, after Lloyds, RBS and Barclays posted better-than-expected profits for the period. Mr Gulliver said: "Reported profits were down, but adjusted profits were higher than last year's third quarter in all four global businesses and four out of five regions. ...
VW emissions probe to investigate board chair Poetsch image
Source : BBC [Read Article] Sunday 6th of November 2016 12:08:48 PM
.... . The scandal has pulled down VW's global business and damaged its reputation. ...
Rolls-Royce 'made secret payments' image
Source : BBC [Read Article] Monday 31st of October 2016 05:01:05 PM
.... The 67-year-old is now an adviser to Lib Dem party leader Tim Farron. Mr Choudhrie and his family run a global business empire that includes hotels, healthcare and aviation. ...
Judge approves VW's record US emissions settlement image
Source : BBC [Read Article] Wednesday 26th of October 2016 12:30:17 AM
.... . The scandal has pulled down VW's global business, damaged its reputation and led to the ouster of chief executive Martin Winterkorn. ...
'Smart' home devices used as weapons in website attack image
Source : BBC [Read Article] Saturday 22nd of October 2016 09:10:19 AM
...."Today we answered the question 'what would happen if we connected a vast number of cheap, crummy embedded devices to broadband networks?'" wrote Matthew Green, an assistant professor at the Johns Hopkins Information Security Institute. Jeff Jarmoc, head of security for global business service Salesforce, pointed out that internet infrastructure is supposed to be more robust. ...
The business of hedging image
Source : BBC [Read Article] Friday 14th of October 2016 03:09:51 PM
.... If a business relies on a fleet of lorries to move goods, then the price of petrol is key. More often than not, though, in today's global business world, the killer movers are currencies. ...
China spends more in the world than the world spends in China image
Source : BBC [Read Article] Friday 23rd of September 2016 09:51:37 AM
....Dalian Wanda, CGN, Huawei Technologies. Sound familiar? These names have been dominating global business headlines lately, as China Inc snapped up overseas acquisitions as part of its global shopping spree. ...
Caterpillar cuts up to 250 jobs in Northern Ireland image
Source : BBC [Read Article] Thursday 1st of September 2016 02:31:45 PM
....Last month, the firm said it expected no significant growth in demand for its energy and transportation products for the rest of 2016. It has responded by cutting costs - almost 14,000 jobs have been axed across its global business since mid-2015. ...
Men's sales march Jimmy Choo higher image
Source : BBC [Read Article] Thursday 25th of August 2016 08:12:03 AM
...." . The company said that as Jimmy Choo was a global business, it was "well placed to take advantage of market dynamics seen since the GBP devaluation". ...

Forget QE. Theresa May should cut taxes if she wants to drive growth
 image
Source : Telegraph [Read Article] Thursday 11th of August 2016 06:33:22 PM
.... To assuage them, corporation tax can be cut to 15 per cent – as, to his credit, Mr Osborne suggested shortly before his defenestration. This is precisely the signal that post-Brexit Britain needs to be sending out: that it ready to compete internationally for global business. ...
GSK: UK still 'attractive' post Brexit as it invests £275m image
Source : BBC [Read Article] Wednesday 27th of July 2016 06:33:08 AM
....Sir Andrew had said prior to the vote that leaving the EU "would create uncertainty and potentially add complexity" for the UK's life sciences sector. Responding to GSK's announcement, the Business and Energy Secretary, Greg Clark said: "An investment of this scale is a clear vote of confidence in Britain and underlines our position as a global business leader. ...
'There were bullet holes' image
Source : BBC [Read Article] Monday 27th of June 2016 11:37:55 PM
....". Chief executive coach Steve Tappin says that while all business leaders hate an uncertain environment, there's a lot that global business leaders can learn from how Thai bosses have handled it. ...
Sterling and FTSE 100 floored by Brexit worries image
Source : Guardian [Read Article] Friday 10th of June 2016 05:29:35 PM
....“A UK vote to leave the EU . would presumably have a negative impact on global business and investor confidence and hence undermine the prices of industrial commodities. ...
Nokia returns to the phone market as Microsoft sells brand image
Source : Guardian [Read Article] Wednesday 18th of May 2016 11:44:47 AM
....But the announcement makes Foxconn sound much more hands-on in the process than it normally is. In a statement, Nokia said: “HMD and Nokia Technologies have signed an agreement with FIH to establish a collaboration framework to support the building of a global business for Nokia-branded mobile phones and tablets. ...
Revealed: none of Britain's 'unicorns' openly support Brexit image
Source : Guardian [Read Article] Monday 16th of May 2016 06:00:28 AM
.... Founded in 2010, it has helped make more than £1bn of loans. We’re a global business that operates across four European markets, so a successful, well-functioning Europe is crucial to a business like ours and we believe this is best achieved by remaining part of the EU. ...
How did Panama become a tax haven? image
Source : BBC [Read Article] Tuesday 5th of April 2016 02:24:18 PM
....". Tax, and making legal avoidance arrangements, is a global business and havens compete to provide the services, and secrecy, that clients may seek. ...
The Panama Papers show why Britain needs to get its house in order | Mary Dejevsky image
....We were encouraged to direct our opprobrium towards the usual suspects: Vladimir Putin; the relatives of Chinese leaders; North Korean VIPs; the chief fixer to the Syrian president. Outrageous, we agreed, that Mossack Fonseca was still doing business with those ostracised by decent global business. ...
Goldman Sachs: Brexit would hit banks and homebuilders most image
Source : Guardian [Read Article] Monday 21st of March 2016 06:43:51 PM
....Banks, builders, property firms and home improvement businesses would be the worst-hit UK companies if Britain voted to leave the European Union, according to analysts at Goldman Sachs. In a report on the implications of the June referendum, the bank said a slowdown in UK growth would inevitably follow Britain splitting from the EU, hitting companies exposed to the domestic UK economy and leaving global businesses such as miners and those with strong international sales relatively unscathed. ...
Boeing gives Brexit ANOTHER 'fantastic' boost by picking Britain for new European HQ image
.... “The whole Boeing team is committed to the UK, our customers and our partners for the long-term. "Leave campaigners said the decision is a massive vote of confidence in Britain and its ability to be the cent of global business. ...
Budget 2016: Osborne plans £16billion Bradford & Bingley sale image
Source : Daily Express [Read Article] Wednesday 16th of March 2016 10:52:00 PM
.... . “Businesses will welcome the Chancellor’s permanent reforms to business rates, taking more small firms out of the regime, while the reduction in the headline corporation tax rate sends out a strong signal that the UK is open for global business investment. ...
Small business welcomes tax changes image
Source : BBC [Read Article] Wednesday 16th of March 2016 03:29:17 PM
....Among those other measures was the announcement that firms making an annual profit of over £5m would face the prospect of having the amount of past losses they could carry forward to offset their corporation tax bill capped to 50% of current profits. Carolyn Fairbairn, director general of the CBI business lobby group, said: "The reduction in the headline corporation tax rate sends out a strong signal that the UK is open for global business investment, and reforms to interest deductibility are rightly in line with the international consensus. ...
How tech is forcing firms to be better global citizens image
Source : BBC [Read Article] Tuesday 8th of March 2016 12:00:06 AM
....The UN's 2015 Sustainable Development Goals initiative has been successful in getting businesses to think about solving social problems, she believes. For example, the Toilet Board Coalition is a global business-led coalition backed by Unilever that aims to tackle the world's sanitation issues through profitable, market-based initiatives that harness the latest technological innovations. ...
Samsonite bags luxury luggage rival Tumi image
Source : BBC [Read Article] Friday 4th of March 2016 01:45:04 AM
.... . "It will meaningfully expand our presence in the highly attractive premium segment of the global business bags, travel luggage and accessories market," Samsonite chief executive Ramesh Tainwala said in a statement. ...
Profits soar at BA owner IAG as fuel costs fall image
Source : Guardian [Read Article] Friday 26th of February 2016 01:33:46 PM
Thailand told to address airport safety image
Source : BBC [Read Article] Friday 19th of February 2016 01:02:37 PM
...."Aviation is critical to Thailand's economic success. It is the backbone of the tourism industry and provides critical global business links," Iata's director general Tony Tyler said in Bangkok. ...
Revealed: how Project Goldcrest helped Amazon avoid huge sums in tax image
Source : Guardian [Read Article] Thursday 18th of February 2016 01:44:51 PM
....Related: Amazon: the obscure subsidiary at the heart of US and EU tax disputes. Newly emerged documents seen by the Guardian show precisely how Amazon embarked on a complex 28-step scheme, which took more than two years to complete, and fundamentally reordered its global business in Europe using a maze of offshore entities and intercompany agreements. ...
HSBC has wasted its political capital in an unnecessary domicile review image
Source : Telegraph [Read Article] Monday 15th of February 2016 06:58:27 PM
.... . Its directors are now more aware than ever before of the shape of the global business and how it is regulated in each and every country in which it operates. ...
HSBC to keep HQ in UK: what the experts say image
Source : Guardian [Read Article] Monday 15th of February 2016 10:36:14 AM
....We welcome HSBC’s decision. They’ve looked carefully and dispassionately at the facts and confirmed that the UK is the best place to base a global business. ...
Shell faces $30bn battle to sell assets after BG takeover image
Source : Telegraph [Read Article] Saturday 13th of February 2016 07:55:50 PM
....” . In addition to its planned asset sales Shell has embarked on an aggressive round of job cuts which will axe 10,000 in total from its global business, most of which will already be made. ...
Takeover sows the seeds for anxieties about food security image
Source : Telegraph [Read Article] Sunday 7th of February 2016 09:28:54 PM
.... “I joined 30 years ago when it was part of ICI. Today we’re one of the few global businesses that is a pure play agricultural input company in that we’re selling crop protection chemistry and seeds. ...
VIDEO: KAEC: Saudi's $100bn construction project image
Source : BBC [Read Article] Friday 5th of February 2016 12:16:11 AM
....The plan is to create a city of two million people and one of the world's biggest deep water ports. It is hoped the $100bn (£68bn, 89bn euros) city will be a magnet for global business and tourism to rival Dubai, but as the plunge in oil prices continues to spook global financial markets, could these plans now be shrouded in uncertainty?. ...
Tax sales not profit, says Lawson image
Source : BBC [Read Article] Saturday 30th of January 2016 04:19:28 AM
....". But John Cullinane, tax policy director of the Chartered Institute of Taxation, said: "Frustration at the problems of taxing global businesses should not lead us to abandon corporation tax. ...
Google tax deal faces scrutiny from MPs over fears 'elastic' system isn't working image
. MPs are to scrutinise Britain’s corporate tax system, amid concerns that old-fashioned and complicated rules on tax payments cannot cope with global businesses and online commerce. ...
Top execs depart Twitter, Jack Dorsey confirms image
Source : Telegraph [Read Article] Monday 25th of January 2016 07:56:42 AM
.... . Ms Stanton, who is credited with turning Twitter into a global business by opening its first international offices, said she wanted to spend more time with her family, while Mr Toff is joining Google to work on virtual reality. ...
Iran plans airplane shopping spree image
Source : Telegraph [Read Article] Sunday 24th of January 2016 03:22:23 PM
.... . The republic could need as many as 500 new planes over the next three years, said Mahdi Hashemi, the chairman of the parliament's Development Commission, at Tehran's first major post-sanctions gathering of global businessmen. ...
Iran plans to buy 114 Airbus planes image
Source : Guardian [Read Article] Sunday 24th of January 2016 11:04:14 AM
....Iran plans to buy 114 aircraft from the European company Airbus by March, and is looking for other deals, senior Iranian officials said on Sunday as their country emerges from sanctions and international isolation. The republic could need 500 new planes over the next three years, lawmaker Mahdi Hashemi, the chairman of the parliament’s development commission, said at Tehran’s first major post-sanctions gathering of global business people. ...
Glory days of Chinese steel leave behind abandoned mills and broken lives image
Source : Guardian [Read Article] Thursday 21st of January 2016 11:24:03 PM
....Video footage posted on the internet shows police facing off with demonstrators, one of whom is dragged away from the scene. As world leaders and the global business elite gathered at the World Economic Forum in Davos on Thursday, a group of steel workers huddled inside a small supermarket-cum-gambling den not far from Fufeng to smoke cigarettes and ponder their fates. ...
PM tells business 'back me over EU' image
Source : BBC [Read Article] Thursday 21st of January 2016 04:53:59 AM
....The PM has told his cabinet colleagues to wait until he returns from Brussels with a reform deal before campaigning to leave or stay in the EU. But he told an audience of global business leaders they should "get out there" and start making their case now. ...
Climate change fails to top list of threats for business leaders at Davos image
Source : Guardian [Read Article] Wednesday 20th of January 2016 05:00:09 AM
. The high profile UN summit on climate change in Paris appears to have had little impact on the decision making and worries of global business leaders. ...
Davos: how can an event that's 82% male solve the digital gender divide? image
Source : Guardian [Read Article] Tuesday 19th of January 2016 05:00:15 AM
. The global business elite will descend on the upmarket Swiss resort of Davos this week for the World Economic Forum’s annual meeting, which this year focuses on the transforming power of technology – or the fourth industrial revolution. ...
Tech trends 2016: Cybersecurity in the connected world image
Source : BBC [Read Article] Tuesday 5th of January 2016 12:07:48 AM
. This year, cybersecurity will be the main issue vexing global business, firms say, and it will become more critically important as the internet of things takes off and our world becomes ever more mobile and connected. ...
My big idea for 2016: put community at the heart of our businesses image
Source : Guardian [Read Article] Monday 28th of December 2015 05:00:19 AM
.... They are willing to participate in creating this better future, particularly for their children, but they largely want to make a difference in places and with people that are relevant to them: in their neighbourhood, their school, their sports club, with their friends, neighbours, colleagues or fellow sports fans. For global businesses like ours, these are the communities that surround our shops, our factories and our offices; the communities where our customers and employees live. ...
Starbucks pays £8m tax as profits jump image
Source : BBC [Read Article] Tuesday 15th of December 2015 12:40:56 PM
.... First, the business is now more profitable, getting out of expensive store sites such as on Oxford Street in London and increasing the profit it makes for every cup of coffee sold. Second, it has changed the way it accounts for payments made to other parts of its global business, for example paying for the right to use the name Starbucks and buying its coffee. ...
Insurance broker that covered Michael Jackson and the Foo Fighters is sold image
Source : Telegraph [Read Article] Monday 14th of December 2015 03:38:40 PM
.... . "The entertainment and sport business is a global business,” said Mr Silcock. ...
Why Britain must look abroad to help assure its future prosperity image
Source : Telegraph [Read Article] Sunday 13th of December 2015 10:47:38 PM
.... . The UK’s reputation as a financial and cultural hub, access to the EU’s single market, our time zone and the English language all help to make the UK a great place to locate a global business. ...
Banks trumpet bumper year of ‘elephant’ takeover deals image
Source : Guardian [Read Article] Saturday 12th of December 2015 04:00:05 PM
Jaguar Land Rover's £1bn factory in Slovakia 'could threaten UK jobs' image
Source : Guardian [Read Article] Friday 11th of December 2015 12:56:28 PM
....Speth added: “Jaguar Land Rover is delighted today to welcome Slovakia into our family. The new factory will complement our existing facilities in the UK, China, India and Brazil and marks the next step in the company’s strategy to become a truly global business. ...
Jaguar Land Rover revving up production with new factory in Slovakia image
Source : Telegraph [Read Article] Friday 11th of December 2015 08:30:03 AM
.... . Ralf Speth, JLR chief executive, said: “The new factory will complement our existing facilities in the UK, China, India and Brazil and marks the next step in the company’s strategy to become a truly global business. ...
Anger over Cadbury tax avoidance image
Source : BBC [Read Article] Monday 7th of December 2015 03:19:09 PM
....Cadbury came under fire earlier this year when it altered the recipe for its Creme Eggs; and in November it upset some fans of its Fruit & Nut bar by adding sultanas to the recipe as well as raisins. In response to criticism over its tax activities, Mondelez International said: "We comply with UK tax law and, as with all global businesses, pay tax based on the laws of the country we operate in. ...
Cadbury owner paid no UK corporation tax last year image
Source : Guardian [Read Article] Sunday 6th of December 2015 06:38:01 PM
....4m a year on a profit of £100m. A Mondelez spokesperson said: “In common with all global businesses, we pay corporation tax based on the laws of the countries in which we operate. ...
Personal shopping for the mega-rich image
Source : BBC [Read Article] Friday 4th of December 2015 10:03:47 PM
....The lifestyle management sector is a crowded one with a string of businesses surviving, and even flourishing, despite the financial crisis late in the last decade. Alex Cheatle, of Ten Group, another global business in this industry, says many of the mega-rich are socially competitive. ...

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