The Japanese company Sharp has revised its forecast for earnings last year, and has also reduced its expected full-year profit by 48%. It is believed that a big factor for the downturn is decreased demand as a result of the COVID-19 outbreak. Major shifts are happening across the worldwide market …
Read More »Indonesia is latest country to investigate Google’s unpaid tax
Google has been targeted in a number of countries for unpaid taxes over the past year. In the UK it managed to strike a deal with ministers to pay around 10 percent of what it owes, but that may not be the case in Indonesia. The national tax office said …
Read More »Apple Pay to arrive in the UK next year following tricky negotiations
Apple Pay is due to arrive in the UK next year but according to new reports Apple's negotiations are being held up as some banking executives fear that the mobile payment service could serve as a “beachhead for Apple's invasion of the banking industry”. Additionally, at least one of the …
Read More »Sony’s financial year loss to be 20% worse than predicted
Sony is going through a bit of a rough patch financially at the moment but things might be worse than the company previously predicted as it has issued a warning stating that its end of fiscal year loss is going to be about 20 per cent worse than it expected …
Read More »nVidia prepares to announce positive numbers
While the world of stocks and shares is supposed to be 100% water tight when it comes to the leaking of early info, for some reason every time a company is about to announce good or bad numbers – there is a corresponding increase or decrease in share values leading …
Read More »HMV linked with Apollo in potential buyout
HMV's future is looking increasingly shaky, with the most recent speculation coming in that Apollo Global Management could be set to buy up the ailing technology and media retailer. Share prices have continued to crash in recent weeks, seeing it drop to mere pence. While this means that any buyout …
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