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Latest Finance News related to Multinational Company

Philip Morris waging global effort to hobble anti-smoking treaty, files show image
. Philip Morris, the multinational company best known for Marlboro cigarettes, has developed a corporate strategy to undermine a global treaty and fight tobacco regulation around the world, leaked documents reveal. ...
Threats, bullying, lawsuits: tobacco industry's dirty war for the African market image
....In Kenya, BAT has succeeded in delaying regulations to restrict the promotion and sale of cigarettes for 15 years, fighting through every level of the legal system. In February it launched a case in the supreme court that has already halted the imposition of tobacco controls until probably after the country’s general election in August, which are being contested by parliamentarians who have been linked to payments by the multinational company. ...
Sick DPD couriers face £150 charge if unable to find cover image
Source : Guardian [Read Article] Friday 3rd of March 2017 07:39:12 PM
....Couriers who deliver parcels for Marks & Spencer, River Island and John Lewis face being charged £150 a day if they cannot find cover when they are ill. Drivers for the multinational company DPD, which also makes home deliveries for Amazon and Asos, told the Guardian the contractual threat meant they sometimes forced themselves to work when sick. ...
Driverless trucks: economic tsunami may swallow one of most common US jobs image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:00:02 PM
.... Massive automated vehicles are already commonly used to move materials for the Australian mining industry. Daimler, the German multinational company, has likewise demonstrated its own model, a giant 18-wheeler with a “highway pilot” mode available (meaning a driver has to remain present, prompting the head of the US branch to say that “tomorrow’s driver will be a logistics manager”). ...
More than 7m Britons now in precarious employment image
Source : Guardian [Read Article] Tuesday 15th of November 2016 01:48:33 PM
....The attractions of flexible or insecure contracts are considerable to employers and they dispute many of the downsides that unions, workers and analysts have highlighted. Deliveroo is a multinational company that relies on 8,000 self-employed workers in the UK to deliver takeaway meals by bicycle. ...
We do mind the gap! Who has cut down Toblerone’s triangles? image
Source : Guardian [Read Article] Tuesday 8th of November 2016 11:51:55 AM
.... Then just have fewer triangles! Make the bars shorter! Don’t turn them into this gappy monstrosity! It simply isn’t British!. You know that Toblerone is Swiss, right? Actually smartypants, I think you’ll find it is owned by Mondelēz, an American multinational company. ...
Marmite: A potted history of the British-born spread image
Source : BBC [Read Article] Friday 14th of October 2016 09:12:16 AM
....In 2000, as Marmite entered its third century of dividing opinion, the brand, which had been bought by CPC International Inc, merged with international goods supplier Unilever. But despite its status as being part of a vast multinational company's portfolio, even today this most British of products is still made in Burton. ...
Ridesharing offers a cut-price ticket to Europe, but not many Britons use it image
....The biggest player in ridesharing is Paris-based BlaBlaCar, which allows drivers and passengers to key in the details of where they are going and be linked with others doing the same journey. With 30 million users, the multinational company was last year valued at £1. ...
'Independent' pharmacist's letter edited by Boots senior execs image
Source : Guardian [Read Article] Friday 29th of April 2016 02:12:11 PM
.... On opening, it turned out to have a string of edits, amendments and corrections left in as “track changes”. The changes were made by Laura Vergani, a vice-president at Walgreens Boots Alliance, the multinational company that owns Boots. ...
Tata tried to turn the tables on Britain. It failed | Jayati Ghosh image
Source : Guardian [Read Article] Thursday 31st of March 2016 05:30:06 AM
.... The cheers were loudest among those who saw this as a macho declaration of Indian corporate arrival on the global scene. The purchase by Tata Steel of a company that was four times larger than itself made it at a stroke the fifth largest steel producer in the world and the first Fortune 500 multinational company from India. ...
US economic slowdown not as sharp as feared image
Source : Guardian [Read Article] Friday 25th of March 2016 01:47:53 PM
....The dollar rose against a basket of currencies after the report. There was some bad news in the GDP report, with corporate profits falling for a second straight quarter as a strong dollar and cheap oil undercut multinational company earnings. ...
Glencore launches legal bid to lower Newcastle port access fees image
Source : Guardian [Read Article] Sunday 28th of February 2016 07:02:34 PM
....In recently submitted filings before the Australian Competition Tribunal, Glencore Coal complained that increased fees to enter the newly privatised Newcastle port, which produces more than 170m tonnes of saleable coal a year, will “materially impact on the profit margins of coal producers”. The challenge comes amid diminished share prices for the multinational company and job cuts in its zinc production operations around the world. ...
Entrepreneurs to answer your questions image
Source : BBC [Read Article] Tuesday 22nd of December 2015 12:27:13 AM
....If you would like the chance to ask these experts for their opinions on your business and ideas, get in touch. Eric Schmidt helped Google to grow from a start-up to a multinational company. ...
Pfizer's $155bn takeover of Allergan set to prompt tax row image
Source : Guardian [Read Article] Monday 23rd of November 2015 12:46:46 PM
.... He said he had tried and failed to lobby for tax reform in Washington. Anders Dahlbeck, tax justice policy adviser of non-governmental organisation ActionAid, said: “This is just the latest example of a multinational company exploiting the global race to the bottom on corporate tax rates to avoid paying their fair share. ...
Volkswagen embarks on its humble journey down to earth image
Source : Guardian [Read Article] Wednesday 28th of October 2015 08:26:31 PM
.... Matthias Müller, the new chief executive, left a conference call for investors after just 30 minutes without answering many of their questions about the diesel emissions scandal. Müller may have been heading off to China with Angela Merkel, but this was inauspicious for a man who was pledged to make VW more “down to earth”– whatever that means for a multinational company. ...
Ford Bridgend wins £181m engine deal image
Source : BBC [Read Article] Friday 25th of September 2015 10:34:37 AM
....There are concerns, though, that the new investment will mean that Bridgend can only manufacture a third of the number of engines it does at the moment. Some question why the Welsh government should be contributing £15m to the investment of a multinational company in a plant it owns. ...
Noise row spoils holiday image
Source : Daily Express [Read Article] Tuesday 2nd of June 2015 12:00:00 AM
....After the guests departed, the normal sound levels resumed. But more disruption was in store in the shape of pranks from a new set of corporate visitors, legal and finance professionals from a multinational company on a team-building break. ...
A turnover tax is a tax on investment image
Source : Telegraph [Read Article] Monday 17th of November 2014 08:06:01 PM
.... But the story each time is roughly the same. A giant multinational company racks up billions in sales in the UK, but when someone gets around to examining its accounts it turns out they have paid £3. ...
Tesco in crisis: UK managing director among four executives suspended after exposure of accounting scandal image
.... Known as a “stack” or a “ladder rack”, you will often find items here that complement each other (“Jack and Jill” items in the lingo), such as tea and coffee, perhaps. You might not know it, but these Jack and Jill goods are usually owned by the same multinational company. ...
Why sustainability professionals need to show more compassion image
Source : Guardian [Read Article] Monday 2nd of June 2014 04:23:10 PM
.... The danger is that executives might then withdraw into their shell, and from this defensive position come to the belief that whatever sustainability initiatives they create will be criticised and therefore it's better not to bother in the first place. I experienced this first-hand the other week when running a workshop for a multinational company. ...
Manufacturing firm stays afloat with space-age technology  image
Source : Telegraph [Read Article] Sunday 1st of June 2014 09:31:49 AM
.... "A recession is just about confidence and everyone in our sectors [consumer electricals, aerospace and defence and aviation] pulled in their horns and made do with the equipment they had," he says. "Projects got delayed by six months which might be work for a multinational company with cash reserves, but not for a small business. ...
Surface Generation stays afloat with space-age tech image
Source : Telegraph [Read Article] Saturday 31st of May 2014 01:49:08 PM
.... “A recession is just about confidence and everyone in our sectors [consumer electricals, aerospace and defence and aviation] pulled in their horns and made do with the equipment they had,” he says. “Projects got delayed by six months, which might work for a multinational company with cash reserves, but not for a small business. ...
Top manager: 'The stock I would pick for my daughter's Isa' image
Source : Telegraph [Read Article] Friday 23rd of May 2014 11:19:29 AM
.... . The multinational company, known for Kit Kats and Nescafé, might not be the most exciting option for investors in Europe, but he believes it has strong market share and opportunities for long-term growth. ...
Henry Engelhardt: The boss who likes his staff to have fun image
Source : BBC [Read Article] Sunday 13th of April 2014 11:06:33 PM
. If you need a strict, no-nonsense management style to successfully lead a multinational company, no-one appears to have ever told Henry Engelhardt. ...

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