Business

Apple Inks $15B Deal with Ireland To Clear Up Back Taxes

To view the full article, register now. He added that the Government expects that "the money will begin to be transmitted into the account from Apple across the first quarter of next year". What did Apple do exactly to warrant a payment as big as €13 billion? KitGuru Says: Apple may start setting the money for this aside soon, but it seems clear that it still wants to get out of it.

Business

USA regulator allows trading in Bitcoin related financial contracts

ET, and will be free through December. CME is not the only USA exchange that is going to add bitcoin futures to their product offerings. To view the full article, register now. The introduction of futures from both Cboe and CME may entice more professional traders and investors to join the cryptocurrency market by shifting transactions onto regulated exchanges.

Business

Windsor's unemployment rate drops for November

Nationally, the unemployment rate tumbled from 6.3 to 5.9 per cent, as almost 80,000 jobs were added. British Columbia added 18,000 jobs in the month, and its jobless rate remained at 4.8 per cent, the lowest among the provinces. The numbers show employment increased for the second month in a row in November, with the addition of 80,000 new jobs across Canada. "It was the largest monthly increase in more than five years, and marked the 12th consecutive gain - an unusual streak that speaks of ...

Business

Matt Lauer Will Not Receive a Payout From NBC

The $30 million figure was predicated on the fact that Lauer was paid about $20 million a year to co-host the " Today " show - an extraordinary sum of money that reflects how profitable the morning show is. Noah Oppenheim, the news division's president, met with NBC Nightly News staff members at their daily meeting to tell them about recent conversations that took place between Lauer and executives.

Business

Economy grows 6.3% in Q2 after 15 months

GDP growth rate at constant prices during the second quarter of this fiscal is estimated at six point three per cent which is up from five point seven per cent over the first quarter. The reasons for the foreseen growth recovery are many: a rise in industrial production and exports, restocking by businesses after the transition to GST and some major festivals that would have boosted consumer demand.

Business

Brazil Factory PMI At 81-month High

Sub-indices for production and new orders came in at 54.3 and 53.6, respectively, up from 53.4 and 52.9 last month, indicating accelerated growth in both supply and demand, according to NBS senior statistician Zhao Qinghe. "The breadth of the rebound is also positive, with growth strengthening across the consumer, intermediate and investment goods industries". Of real note was a surge in demand for United Kingdom investment goods, such as plant and machinery, with new orders for these products ...


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