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....Apple will also stock Nokia's health products in its retail stores. The two companies have not revealed specific details of the financial agreement, but one analyst suggested it would be worth millions of dollars to Nokia. ... [Read full article on BBC ]
Tuesday 23rd of May 2017 11:03:54 AM
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Apple and Nokia to 'co-operate' after settling patent row image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:03:54 AM
....Apple will also stock Nokia's health products in its retail stores. The two companies have not revealed specific details of the financial agreement, but one analyst suggested it would be worth millions of dollars to Nokia. ...
Roger Ailes: Fox News founder dies at 77 image
Source : BBC [Read Article] Thursday 18th of May 2017 01:25:13 PM
....Indeed, Trump's election owes a huge debt to the crusading, aggressive, and often conspiratorial agenda of Ailes' network. Yet last summer he left amid huge controversy, earning tens of millions of dollars in a payout after allegations of sexual harassment were launched against him by former employees. ...
​Trump tax plan could save him millions under guise of helping small businesses image
. A tax plan released by the White House on Wednesday could deliver many millions of dollars annually in tax savings to Donald Trump personally under the guise of helping small businesses, multiple tax experts have told the Guardian. ...
Disney, the Gap and Pepsi urged to quit US Chamber of Commerce image
Source : Guardian [Read Article] Monday 24th of April 2017 11:00:17 AM
....“Unfortunately, the US Chamber of Commerce is doing everything it can to block efforts to combat both climate change and anti-smoking laws and regulations. It opposes the Paris Agreement that you publicly support, is suing to block the implementation of the Clean Power Plan, consistently lobbies against legislation aimed at reducing greenhouse gas emissions, and spends millions of dollars in money on elections ads urging voters to back candidates who support the fossil fuel industry and oppose efforts to combat climate change,” they write. ...
Brazil graft probe focuses on World Cup football stadiums image
Source : BBC [Read Article] Saturday 15th of April 2017 12:34:38 AM
.... . In July 2015 Marcelo Odebrecht, whose grandfather founded the company, was formally charged with corruption and money laundering, and accused of paying millions of dollars in bribes to senior officials at Petrobras. ...
Google's bad week: YouTube loses millions as advertising row reaches US image
Source : Guardian [Read Article] Saturday 25th of March 2017 10:00:06 AM
. It’s been a bad week for Google, with major brands pulling millions of dollars in advertising amid rows over extremist content on YouTube. ...
Yellow taxis 'have lower accident rate than blue ones' image
Source : BBC [Read Article] Tuesday 7th of March 2017 09:03:24 AM
...."The findings of our study suggest that colour visibility should play a major role in determining the colours used for public transport vehicles. A commercial decision to change all taxis to yellow may save lives and potentially reduce economic losses by millions of dollars. ...
Bitcoin value tops gold for first time image
Source : BBC [Read Article] Friday 3rd of March 2017 01:16:15 AM
....The website Silk Road was closed in 2013 following raids by the FBI and other agencies amid allegations of drug dealing. Authorities seized millions of dollars worth of Bitcoin during the raids. ...
Yahoo boss Marissa Mayer loses millions in bonuses over security lapses image
Source : Guardian [Read Article] Thursday 2nd of March 2017 01:24:37 AM
....Yahoo chief executive Marissa Mayer will lose her annual bonus and the company’s top lawyer has been removed over their mishandling of security breaches that exposed the personal information of more than 1 billion users. Mayer’s cash bonus is worth about $2m a year and her personal cost from the security flaws increased when the board also accepted her offer to relinquish an annual stock award worth millions of dollars. ...
Samsung's acting head indicted on bribery charges as scandal grows image
Source : Guardian [Read Article] Tuesday 28th of February 2017 10:22:14 AM
....The acting head of Samsung has been indicted on bribery and embezzlement charges connected to a corruption and cronyism scandal centring on South Korea’s impeached president, Park Geun-hye. Lee Jae-yong and four other Samsung executives will almost certainly face trial over accusations that South Korea’s biggest conglomerate donated millions of dollars to foundations run by a close friend of Park’s in exchange for government favours. ...
Donald Trump, the master of unreality, must be resisted at every turn | Joseph Stiglitz image
....The American Civil Liberties Union, having anticipated that Trump would quickly trample on individual rights, has shown that it is as prepared as ever to defend key constitutional principles such as due process, equal protection, and official neutrality with respect to religion. And in the past month Americans have supported the ACLU with millions of dollars in donations. ...
Deutsche Bank examined Trump's account for Russia links image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:31:00 PM
Spinal Tap creators aim to 'go to 11' with $400m lawsuit image
Source : Guardian [Read Article] Wednesday 8th of February 2017 09:11:21 AM
....The complaint alleges that between 1989 and 2006, Vivendi reported that the total income from soundtrack music sales was just $98. It also claims that Vivendi reported that the four creators’ share of total worldwide merchandising income between 1984 and 2006 was $81, despite music and merchandise linked to the film racking up “tens of millions of dollars” in revenue. ...
Voting for Brexit hasn’t saved us from secretive trade deals image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... The infamous Investor-State Dispute Settlement (ISDS) schemes are part of virtually every existing trade deal and US corporations remain committed to the need for a legal process hidden from view. Donald Trump’s new secretary of state, Rex Tillerson, won millions of dollars for ExxonMobil in secret arbitration deals when he was boss of the sprawling energy firm. ...
Formula One pulled a fast one on the US taxman – and it's all perfectly legal image
.... It is driven by a clever, but perfectly legal, trick under F1’s hood. Delta Topco’s British subsidiaries receive huge loans from their offshore parent companies and pay hundreds of millions of dollars in interest on them every year. ...
Chinese company Alibaba signs deal to be major sponsor of Olympic Games image
Source : Guardian [Read Article] Thursday 19th of January 2017 01:41:33 PM
.... It proved a prescient decision, as Alibaba become one of the world’s richest companies. On Thursday, in another sign of Chinese companies’ increasing willingness to flex their financial muscle and sign major global sporting deals, Ma was happily handing over millions of dollars after agreeing what he called a “historical” deal for Alibaba to be a leading sponsor of the summer and winter Olympics until 2028. ...
JP Morgan Chase to pay $55m to settle racial discrimination charges image
Source : Guardian [Read Article] Wednesday 18th of January 2017 04:50:34 PM
....The decision came after US attorney Preet Bharara filed a complaint on Wednesday alleging that the US’s biggest bank discriminated against at least 53,000 African American and Hispanic mortgage seekers between 2006 and 2009 in violation of the Fair Housing Act. Minority borrowers were owed “tens of millions of dollars in damages”, the government said, because JP Morgan allowed them to be charged higher rates and fees than “similarly situated white borrowers”. ...
Samsung boss faces arrest as South Korea corruption scandal grows image
Source : Guardian [Read Article] Monday 16th of January 2017 06:18:48 AM
....“The special prosecutor’s office, in making this decision to seek an arrest warrant, determined that while the country’s economic conditions are important, upholding justice takes precedence,” Lee Kyu-chul, a spokesman for the office, told reporters on Monday. The involvement of the third-generation leader of South Korea’s richest chaebol – or family-run conglomerate – comes days after Park denied any wrongdoing over allegations that Choi fraudulently received tens of millions of dollars from South Korean companies, including Samsung, for two foundations she operated. ...
Blind trusts: what do Theresa May and Donald Trump have in common? image
Source : Guardian [Read Article] Friday 13th of January 2017 01:41:32 PM
....Isn’t this a bit small-time compared with what Donald Trump is doing?Yes. Trump, the first business billionaire to become president, faces an extraordinary set of conflicts arising from the 500 companies he continues to control and refuses to give up, plus the elaborate network of suppliers and banks that have lent his firms hundreds of millions of dollars. ...
Sugary drink taxes could be threatened by Trump administration, experts say image
....She noted that the taxes won by popular vote in some of the healthiest cities in the country: Boulder, Colorado and San Francisco. But that skepticism has not stopped the industry from spending millions of dollars to combat these local laws. ...
Brazil's Odebrecht fined at least $2.6bn for bribery image
Source : BBC [Read Article] Wednesday 21st of December 2016 06:10:49 PM
....Earlier in December, the company apologised for being part of corruption scandals that have already led to its former chief executive, Marcelo Odebrecht, being sent to jail for 19 years for paying $30m (£21m) in bribes to Petrobras officials. US deputy assistant attorney general, Sung-Hee Suh, said: "Odebrecht [the firm] and Braskem used a hidden but fully functioning Odebrecht business unit - a 'Department of Bribery,' so to speak - that systematically paid hundreds of millions of dollars to corrupt government officials in countries on three continents. ...
Singapore convicts banker in 1MDB case image
Source : BBC [Read Article] Wednesday 21st of December 2016 09:25:02 AM
.... . The charges relate to pressurising colleagues not to disclose that Malaysian client Low Taek Jho was moving hundreds of millions of dollars that originated from 1MDB. ...
Chapman's Ice Cream wants to keep Ontario school open image
Source : BBC [Read Article] Thursday 24th of November 2016 03:07:44 PM
.... . But the aging building could require millions of dollars worth of repairs, and regulations make it tricky for a private company to buy a public building still intended for public use. ...
Seoul scandals image
Source : BBC [Read Article] Thursday 24th of November 2016 04:46:29 AM
....A scandal is swirling round the South Korean president. Park Gun-hye has been accused by prosecutors of being complicit in a scheme to pressure big companies to donate millions of dollars to funds controlled by a very close friend. ...
South Korean authorities raid Samsung in Park Geun-hye probe image
Source : BBC [Read Article] Wednesday 23rd of November 2016 05:21:19 AM
....5m) to a company co-owned by Ms Choi and her daughter, in return for Ms Park's support for the deal. Samsung was also among several conglomerates that gave millions of dollars to two non-profit foundations owned by Ms Choi, after the latter allegedly pressured them for donations. ...
Drought, floods and water stress cost companies $14bn image
Source : Guardian [Read Article] Tuesday 15th of November 2016 05:01:07 AM
....More than a quarter of the companies said water-related issues, including floods and pollution, had affected their bottom line, typically due to higher operating costs and a disruption in production. One of the companies, Anglo American Platinum, said it was spending millions of dollars on infrastructure at its Mogalakwena mine in South Africa to protect its water supply against shortages, including a $6m upgrade to a nearby sewage works. ...
Samsung raided in political corruption probe image
Source : BBC [Read Article] Tuesday 8th of November 2016 01:26:58 AM
....Ms Choi, a long-time friend of Ms Park's, is the daughter of Choi Tae-min, a shadowy quasi-religious leader who was closely linked to Ms Park's father, then-president Park Chung-hee. She is alleged to have pushed businesses to donate millions of dollars to foundations she controlled, helped choose presidential aides, and even picked the president's clothes. ...
Challenges ahead for global container shipping industry image
Source : BBC [Read Article] Friday 4th of November 2016 11:09:32 AM
. On 31 August 2016, South Korea's biggest container operator - the Hanjin Shipping Company - filed for bankruptcy, leaving hundreds of crew and millions of dollars of goods stranded on the high seas. ...
South Korean bosses apologise after embezzlement accusations image
Source : BBC [Read Article] Tuesday 25th of October 2016 08:54:57 AM
. The directors of one of South Korea's biggest companies have bowed in a public apology, over claims that they embezzled hundreds of millions of dollars. ...
US hits Chinese firm with sanctions over North Korea ties image
Source : BBC [Read Article] Tuesday 27th of September 2016 12:55:57 AM
.... . The US Justice Department said bank accounts associated with the firm and front companies received hundreds of millions of dollars that transited through the US. ...
Saving Eurovision image
Source : BBC [Read Article] Sunday 25th of September 2016 10:49:58 PM
....Cloudflare's business model is the classic "freemium" approach, in that its basic service is free, but companies pay for increased protections. And while only an estimated 4 to 5% of its clients do pay, that brings in tens of millions of dollars in revenues. ...
Fox News settles Gretchen Carlson harassment case image
Source : BBC [Read Article] Tuesday 6th of September 2016 02:45:29 PM
....Roger Ailes became a leading figure in US cable news after Rupert Murdoch brought him in to set up Fox in the mid-1990s. For almost 20 years, Mr Ailes was the top dog as his channel posted annual profits of hundreds of millions of dollars, and transformed the cable news landscape, which had been dominated by CNN. ...
Social credit image
Source : BBC [Read Article] Friday 2nd of September 2016 01:20:18 AM
....99% of the transaction amount. "The reduction in overheads allows us to provide remittance services at a significant discount to existing providers," he says, adding that millions of dollars have already been transferred through Remit. ...
EpiPen maker to sell cheaper generic version image
Source : BBC [Read Article] Monday 29th of August 2016 03:58:22 PM
.... They also expire after 12 months. Mylan chief executive Heather Bresch said the company had spent hundreds of millions of dollars improving the product since buying the product from Merck in 2007. ...
Lotte vice chairman Lee In-won found dead image
Source : BBC [Read Article] Friday 26th of August 2016 07:15:56 AM
....But the vice-chairman, Lee In-won, - now deceased - was a trusted outsider who had worked for the company for four decades. Before Mr Lee's death, South Korean prosecutors were investigating the source of hundreds of millions of dollars in family accounts. ...
Japan may use e-waste for 2020 medals image
Source : BBC [Read Article] Tuesday 23rd of August 2016 09:50:38 AM
....The IOC minimum requirement for a gold medal is 6g of the pure yellow metal. If the medals were made of pure gold, the overall cost would run into tens of millions of dollars. ...
Ryan Lochte: Speedo and Ralph Lauren among four to end sponsorship image
....It comes after Lochte lied about being robbed at gunpoint by a policeman after a night out during the Rio Olympics. Lochte, a 12-time Olympic medalist, has earned millions of dollars through endorsements. ...
The quest to end Sierra Leone's 'hunger season' image
Source : BBC [Read Article] Thursday 18th of August 2016 11:36:02 PM
.... . Now it spends millions of dollars every year importing foreign rice. ...

Israel arrests UN worker on charges of aiding Hamas
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Source : Telegraph [Read Article] Tuesday 9th of August 2016 01:14:53 PM
.... . The charges come less than a week after Israel accused a Palestinian manager at the Christian charity World Vision of diverting millions of dollars in donations to funding Hamas’s military efforts. ...
Barclays pays a further $100m in the US over Libor fraud image
Source : BBC [Read Article] Monday 8th of August 2016 05:12:06 PM
....Libor - or London inter-bank offered rate - is used by banks to set the cost of lending money to each other. The New York attorney-general, Eric Schneiderman said government bodies and not-for-profit organisations had been defrauded of millions of dollars. ...

Donald Trump may go before court over tax deal that deprived US Treasury of millions of dollars
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. Donald Trump may be brought to court after a Telegraph investigation found the Republican presidential nominee signed off a deal designed to deprive the US Treasury of tens of millions of dollars in tax. ...

British donations to Christian charity World Vision were 'used to build a Hamas military base in Gaza'
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.... . He rose through the ranks of the charity until he became its director in Gaza, giving him control of millions of dollars in budgets, the Shin Bet said. ...
Bitcoin drops more than 10% after security breach image
Source : BBC [Read Article] Wednesday 3rd of August 2016 08:21:38 AM
....Securing bitcoin trading platforms has been a key challenge, with hacking and thefts seen as the biggest threats. In 2014, the Tokyo-based Mt Gox trading exchange declared bankruptcy when hundreds of millions of dollars in bitcoins vanished or were stolen. ...

'I've made sacrifices': Donald Trump hits back at slain Muslim soldier's father - and questions wife's silence
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...."Did Hillary's script writers write it?" Mr Trump asked ABC's George Stephanopoulos in the interview. He said he has indeed sacrificed by employing thousands of people, and raising "millions of dollars" for veterans. ...

Donald Trump's Republican National Convention speech, in full
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Source : Telegraph [Read Article] Thursday 21st of July 2016 11:28:14 PM
....In fact, her single greatest accomplishment may be committing such an egregious crime and getting away with it – especially when others have paid so dearly. When that same Secretary of State rakes in millions of dollars trading access and favors to special interests and foreign powers I know the time for action has come. ...
MPs decry 'failed' effort to stop UK property money laundering image
Source : Guardian [Read Article] Thursday 14th of July 2016 11:01:24 PM
....Estimates of the annual volume of ill-gotten gains laundered through the UK vary enormously. Vaz took his £100bn figure from the charity Transparency International but the report also cites evidence from Donald Toon, director of the economic crime command at the NCA, that it was likely to be “hundreds of millions of dollars”. ...
Investment boost for biggest mixed martial arts firm in Asia image
Source : BBC [Read Article] Wednesday 13th of July 2016 03:27:21 AM
. Asia's biggest mixed martial arts (MMA) firm, ONE Championship, said it has secured investment worth tens of millions of dollars. ...
US congress to put limits on ex-presidents' budgets image
Source : BBC [Read Article] Friday 8th of July 2016 08:24:23 PM
.... . "Upon leaving office, most presidents go on to make millions of dollars and are not in need of taxpayer subsidies," said the authors of the bill, Representative Elijah Cummings of Maryland and Representative Jason Chaffetz of Utah, in a joint statement. ...
Regulators investigate parent company of Ashley Madison image
Source : BBC [Read Article] Tuesday 5th of July 2016 09:57:50 PM
....". The company plans to spend millions of dollars improving its cyber security and Mr Millership said its aim was "to rebuild Ashley Madison as the world's most open-minded dating community. ...
Fifa ‘welcomes decision’ by KPMG to resign as governing body’s auditor image
....In a wide-ranging reform of its management structure, Fifa is looking to appoint an auditor plus finance and compliance officers. Fifa fired its finance director Markus Kattner last month after 13 years’ service over irregular bonus payments, worth millions of dollars. ...
Federal Reserve was hacked more than 50 times in the past five years image
Source : Guardian [Read Article] Wednesday 1st of June 2016 05:08:21 PM
....The Fed’s national cybersecurity team – the National Incident Response Team, or NIRT – created 263 of the incident reports obtained by Reuters. NIRT operates in a fortress-like building in East Rutherford, New Jersey, that also processes millions of dollars in cash every day as part of the central bank’s duty to keep the financial system running, according to the New York Fed’s website. ...
After the iPhone: Apple eyes Time Warner and TV for its next act image
Source : Guardian [Read Article] Friday 27th of May 2016 04:49:58 PM
....More generally, the problem is one of finding ways to get consumers to pay enough for content to continue making it at the same rate. The Netflix business model may be sustainable or it may not, but it has certainly dealt a crushing blow to companies competing with the cash-rich streaming service both for viewers and for creators, whom Netflix and upstarts like Hulu and Amazon Prime spends hundreds of millions of dollars wooing away from traditional media gigs. ...
US capitalism in crisis while most Americans lose out image
Source : Guardian [Read Article] Saturday 21st of May 2016 11:04:26 PM
.... The company eventually had to pay back that amount, as well as a criminal penalty of $100m, and another $125m in civil charges to the CFTC (the Commodity Futures Trading Commission). The environmental disasters resulting from the explosion and Alaskan leaks cost tens of millions of dollars more in criminal and civil payments. ...
Vinyl sales bigger than YouTube for British artists image
Source : Guardian [Read Article] Thursday 19th of May 2016 11:01:24 PM
....”. A spokesperson for YouTube said: “For years, the music industry lost millions of dollars as piracy rates soared. ...
Top 25 hedge fund managers earned $13bn in 2015 – more than some nations image
.... His earnings last year were so large that if he were a country it would rate as the world’s 178th most productive nation, according to the World Bank’s GDP rankings. He has donated millions of dollars to maths and science education via the Simons Foundation he set up in 1994. ...
BP hired firm linked to bribery scandal, Panama Papers reveal image
Source : Guardian [Read Article] Tuesday 10th of May 2016 02:45:32 PM
....A document forwarded by the firm reveals that in April 2015 BP extended its second contract with Unaoil for a further three months. In March, the Age, a sister title of the Sydney Morning Herald, published a series of articles alleging that Unaoil had systematically corrupted the global oil industry, distributing millions of dollars’ worth of bribes on behalf of corporate firms. ...
BP hired firm linked to bribery scandal, Panama Papers reveal image
Source : Guardian [Read Article] Tuesday 10th of May 2016 02:45:32 PM
....A document forwarded by the firm reveals that in April 2015 BP extended its second contract with Unaoil for a further three months. In March, the Age, a sister title of the Sydney Morning Herald, published a series of articles alleging that Unaoil had systematically corrupted the global oil industry, distributing millions of dollars’ worth of bribes on behalf of corporate firms. ...
Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms image
.... But the candidates for president share an affinity for the same nondescript two-storey office building in Wilmington. A building that has become famous for helping tens of thousands of companies avoid hundreds of millions of dollars in tax through the so-called “Delaware loophole”. ...
More countries sign up to anti-corruption code image
Source : Guardian [Read Article] Friday 22nd of April 2016 05:06:22 PM
.... The Isle of Man has a large trust industry, catering to wealthy clients around the world. In 2006, the island found its trust industry at the heart of a 340-page US Senate report alleging that many millions of dollars of US tax had been legally avoided by super-rich Americans. ...
AstraZeneca to sequence 2m genomes in hunt for new drugs image
Source : Guardian [Read Article] Friday 22nd of April 2016 02:28:59 AM
....The initiative, announced on Friday, involves sequencing up to 2 million human genomes – the complete set of genetic code that acts as the software of life – including 500,000 DNA samples collected by AstraZeneca in clinical trials. Financial details of the 10-year project were not disclosed but Mene Pangalos, Astra’s head of early drug development, said the company would be investing “hundreds of millions of dollars”. ...
Panama Papers: US launches criminal inquiry into tax avoidance claims image
Source : Guardian [Read Article] Tuesday 19th of April 2016 09:52:20 PM
....Among them is Wall Street financier Benjamin Wey, who has been charged with securities fraud, wire fraud, conspiracy and money laundering for using family members to help him amass ownership of large blocks of stock in companies through so-called “reverse merger” transactions between Chinese companies and US shell companies. He made tens of millions of dollars of illegal profit by manipulating the companies’ stock prices, according to the indictment. ...
Is Wall Street a problem for Hillary Clinton? image
Source : BBC [Read Article] Wednesday 13th of April 2016 11:00:43 PM
.... . "Can you really reform Wall Street when they are spending millions and millions of dollars on campaign contributions, and when they are providing speaker fees to individuals?" he asked during a debate. ...
Oil industry knew of 'serious' climate concerns more than 45 years ago image
Source : Guardian [Read Article] Wednesday 13th of April 2016 05:59:21 PM
.... Former US president Lyndon Johnson also received an early warning about climate change, with scientists explaining the mechanism of the greenhouse effect in 1965. Last year, it was revealed that ExxonMobil, the world’s largest oil company, knew of climate change as early as 1981, only to spend millions of dollars over the following 27 years to promote climate denial. ...
Companies get serious about water use image
Source : BBC [Read Article] Tuesday 12th of April 2016 11:00:55 PM
....Elsewhere, the consumer goods giant Unilever and the carmaker Volkswagen have spent several hundred thousand dollars on planting trees to secure their water supplies in Africa and South America. The coffee giant Starbucks has committed millions of dollars to protect the water supply to its coffee plantations in Mexico and Indonesia. ...
How offshore firm helped billionaire change the art world for ever image
Source : Guardian [Read Article] Thursday 7th of April 2016 06:00:17 PM
....Even before the bidders filed in, Christie’s knew the sale had been a success. This was because in May 1997, a corporation based on Niue – a tiny island in the South Pacific – had already handed over millions of dollars to buy the works. ...
If you're rich, you can avoid paying taxes. That's got to change | Jan Schakowsky image
....And these practices extend into the world’s political elite. If the prime minister of Iceland and his wife were holding millions of dollars in an offshore shell company while he was responding to Iceland’s financial crisis, we have to wonder in whose interest he was making those decisions. ...
Ten things we've learned from the Panama Papers image
Source : BBC [Read Article] Thursday 7th of April 2016 10:15:02 AM
.... . But the Icelandic prime minister has had to resign over accusations he hid millions of dollars in a company in the British Virgin Islands - a company that had a direct interest in the health and wealth of Iceland's banks - which as prime minister he was responsible for. ...
New Crop – the vegan venture fund fighting for animal rights image
Source : Guardian [Read Article] Wednesday 6th of April 2016 08:37:24 PM
....While all these investors are mission-focused, they fully expect to make money. “We would not be putting many millions of dollars into it if we didn’t see it as lucrative opportunity,” Cooney says. ...
Panama Papers firm 'victim of hack' image
Source : BBC [Read Article] Wednesday 6th of April 2016 09:46:15 AM
....On Tuesday Iceland's Prime Minister Sigmundur Gunnlaugsson stepped down after the documents showed he owned an offshore company with his wife but had not declared it when he entered parliament. He is accused of concealing millions of dollars' worth of family assets. ...
With £40bn for the taking, SMEs are venturing into space image
Source : Guardian [Read Article] Wednesday 6th of April 2016 06:51:47 AM
.... Clyde Space’s satellites are called cubesats, which are about the size of a loaf of bread. Clark says: “If you go back 10 years and there was an entrepreneur who wanted to start a space data company, they would need to raise hundreds of millions of dollars, whereas you can now have the same entrepreneur, the same idea for data, and you only need to raise maybe $20m-$30m (£14m - £21m). ...
Huge leak reveals elite's tax havens image
Source : BBC [Read Article] Sunday 3rd of April 2016 06:00:26 PM
....Concert cellist Sergei Roldugin has known Vladimir Putin since they were teenagers and is godfather to the president's daughter Maria. On paper, Mr Roldugin has personally made hundreds of millions of dollars in profits from suspicious deals. ...
The rising tide of themed cruises image
Source : BBC [Read Article] Wednesday 30th of March 2016 11:00:33 PM
.... . This has opened up the world of cruising to a much younger demographic, and given the cruise industry hundreds of millions of dollars in additional earnings. ...
Al Jazeera network to cut 500 jobs image
Source : BBC [Read Article] Sunday 27th of March 2016 10:25:37 AM
....CEO Al Anstey said the business model was "simply not sustainable in light of the economic challenges". It spent millions of dollars hiring top US journalists but struggled to bring viewers to its news programmes. ...

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