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Transcripts For DW Business 20240714

Welcome to g. W. Business i want to johnsonville and good to have you with us and was starting with a landmark case in the e. U. s crackdown on tax avoidance by Multinational Companies apple has launched a legal challenge to an order to pay 13000000000. 00 euros in irish back taxes in august 26th in the European Commission says tax rulings by ireland in 19012007 had aught efficiently reduced apples tax burden for over 2 decades effectively making it illegal state aid apple is expected to argue that it did nothing wrong as it had followed the irish and us tax from dollars of a more lets cross over now to our financial correspondent pandey in a frank that i should just out of apple already made that pavement so what is the issue. Well yes apple has deposited the money in an escrow account that was set up by the Irish Government and is being managed by a 3rd party as it manages but apple actually argues that it should have been told to pay that money in the 1st place because it followed t

Transcripts For DW Business 20240714

Cut. Thank you thank. You. Anti for on the violence in south africa is not only hurting people it hurts business as well one time township Business Owners on street francos and now to steady open their shops we take a look at the damage the violence does to the South African economy. And how Small Businesses survive the terrible suffering and war torn syria we have an exclusive report from damascus. And despite the trouble in recent weeks a vote of confidence in hong kong as a good place to do business brewing john and investors passed a floating asian business that for 6600000000. 00 u. S. Dollars. First this is business africa welcome. Foreign of violence rocks in a city johannesburg businesses are struggling to keep the doors open and economic downturn africas most developed economy is making things difficult anyway Popular Culture a mob neighing for example is feeling the pinch visitors there are counselling plan trips and many Business Owners are too scared to trade the toxic mix

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