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Starbucks, Amazon pay less tax than a sausage stand, Austria says

September 4, 2016 by · Leave a Comment 

Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny sausage stands, the republic's center-left chancellor lamented in an interview published on Friday. Chancellor Christian Kern, head of the Social Democrats and of the centrist coalition government, also criticized internet giants

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Starbucks, Amazon pay less tax than a sausage stand, Austria says

deal-on-tuesday

Chinese consumers take credit for boom in car loans

September 4, 2016 by · Leave a Comment 

By Jake Spring BEIJING (Reuters) – Chinese households, traditional savers with an aversion to debt, are rapidly warming to the idea of borrowing to buy a car, as automakers push financing deals to boost sales and margins in an increasingly competitive market.

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Chinese consumers take credit for boom in car loans

deal-on-tuesday

Microsoft gets support in gag order lawsuit from U.S. companies

September 4, 2016 by · Leave a Comment 

By Dustin Volz WASHINGTON (Reuters) – Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Microsoft's backers included the U.S. Chamber of Commerce, the National Association of Manufacturers, Delta Air Lines …

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Microsoft gets support in gag order lawsuit from U.S. companies

deal-on-tuesday

Formula One sale to Liberty Media to go ahead next week: auto motor und sport

September 4, 2016 by · Leave a Comment 

A sale of Formula One to Liberty Media is to go ahead next week, the sport's commercial supremo Bernie Ecclestone told German trade magazine auto motor und sport on the sidelines of the Italian Grand Prix at Monza on Saturday. The magazine said that according to Ecclestone, Liberty Media will transfer the first of two tranches of payment in the $8.5 billion…

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Formula One sale to Liberty Media to go ahead next week: auto motor und sport