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Apple, Amazon deliver expectation-topping results in a sombre earnings season

Luca Maestri, Apple s CFO expressed that their June quarter results continued to reflect on the company’s ability to manage the business effectively.

United statesLuca maestriTech giants amazon

Detailed text transcripts for TV channel - DW - 20171005:03:04:00

a swiss investment group is helping to get iran s rail infrastructure back on track . welcome to date of your business i m christopher colbert in berlin the european commission is turning the screws on us tech companies on wednesday it ordered amazon to repay a quarter of a billion euros and back at the commission is taking ireland to court for failing to collect billions from apple patience has run out of the european commission taking to the podium that you competition commission announced that brussels had on and in its sights taking the country s government to the european court of justice for its failure to collect taxes from us giant apple then a year ago the commission docked at the decision. requiring ireland to recover up to thirteen billion euros in illegal from apple. however ireland has still not recovered any money not even in part. apple is

European commissionRail infrastructureSwiss investment groupTech companiesChristopher colbert in berlinApple sTech giants amazonA billionA billion eurosCompetition commissionEuropean court of justiceThirteen billionThirteen billion euros

Detailed text transcripts for TV channel - DW - 20171005:03:03:00

Detailed text transcripts for TV channel - DW - 20171005:03:03:00
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.

Apple sEuropean commissionTech giants amazonTax manBack taxes

Detailed text transcripts for TV channel - DW - 20171005:03:08:00

stop the market at this point i believe it was the forty second record close for the s. and p. five hundred just within this year and yet i want to return to our main story here the e.u. is cracking down on apple s and amazon s tax avoidance schemes how is this news received on wall street well i mean taxation is a hot topic all over the globe especially for to get knowledge even companies but when it comes to the european union going after amazon and apple the big question is first of all will they really get the money luxemburg island apple amazon they actually can. appeal this decision and then even if they have to pay three hundred million dollars for amazon sure it s a lot of money but not necessarily for her and isn t and the same is true for apple we re talking roughly thirteen billion dollars but apple just sitting on

Thes andpFive hundredApple sTech giants amazonWall streetTax avoidance schemesMoney luxemburg island appleBig questionThree hundred millionThree hundred million dollarsIsn tThirteen billion dollarsThirteen billion

Detailed text transcripts for TV channel - DW - 20171005:03:05:00

currently appealing the case it argues that the revenues in question a subject to u.s. tax rules instead meanwhile luxembourg was also singled out by the commission on wednesday ruling that it has granted online shopping giant amazon on due tax benefits for the past eight years leading around three quarters of its profits untaxed the e.u. says that gave it an unfair advantage over other companies. not justified amazon now has to repay the tax benefit worth around two hundred fifty million euros plus interest the commission s position is clear it states that no matter your flag or ownership paying your taxes is part of doing business in the european union. the crisis in spain over the catalonia independence vote has investors on the edge of their seats most european markets finished wednesday s trading session with losses there was one notable exception germany s benchmark

Online shopping giant amazon on due tax benefitsCommission on wednesday rulingEuropean commissionTech giants amazonDoing businessBenefit worthTwo hundred fifty million eurosTwo hundred fifty millionTrading sessionCatalonia independence voteBenchmark index the dax

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