Tag: Apple

• Saturday, December 15th 2018 - 08:49 UTC

  Apple pledges to build a “Silicon Valley” in Texas: US$ 1bn investment

  

  Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.

• Wednesday, September 19th 2018 - 08:59 UTC

  Apple pays €14.3bn to the Irish treasury, an EU tax Dublin does not want to collect

  

  Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland's Finance ministry said the payment was a “significant milestone”, although Dublin insists Apple was not given any special tax treatment. In 2016 the Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid.

• Friday, August 3rd 2018 - 09:44 UTC

  Apple becomes the first company to hit a market cap of US$ 1 trillion

  

  Apple hit a market cap of US$1 trillion on Thursday — and hung onto the record valuation at market close — as the iPhone maker became the first publicly traded U.S. company to reach US$1 trillion.

• Friday, June 29th 2018 - 09:09 UTC

  Apple and Samsung finally settle seven-year-long patent dispute

  

  Apple and Samsung have finally settled a seven-year-long patent dispute, bringing to an end the long-running battle over the design of their rival smartphones. The terms were not disclosed.

• Wednesday, June 20th 2018 - 08:37 UTC

  General Electric loses its place in the Dow Jones average after more than 100 years

  

  General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the firm's fortunes and changes to the US economy. Walgreens Boots Alliance is to take its spot on the financial index, which tracks shares of 30 companies deemed representative of the US economy. The change takes effect on 26 June.

• Saturday, February 3rd 2018 - 10:53 UTC

  US markets suffer their steepest decline since June 2016. Dow Jones fell 2.5%

  

  The blue chip Dow Jones Industrial Average suffered its steepest decline since June 2016 on Friday, amid wider losses in United States markets. The fall came after a string of disappointing earnings reports from giants such as Apple.

• Thursday, January 18th 2018 - 09:25 UTC

  Apple will pay US$ 38bn in tax following recent changes to US fiscal rules

  

  Apple will pay about US$38bn in tax on the roughly US$ 250bn cash pile it holds outside the US following recent changes to American tax rules. The sum is expected to be the biggest payment under the reforms, which slash the US corporate tax rate.

• Wednesday, January 3rd 2018 - 10:29 UTC

  EU and Chile discussions to renew association agreement

  

  The European Union and Chile have started negotiations in Brussels for the renewal of the Association Agreement. The first round was held in November and the Commission subsequently launched a consultation aimed at the sectors affected in order to find out their opinions on the issue. This process is planned to conclude on 19 February.

• Saturday, May 12th 2012 - 09:19 UTC

  Poor year for Argentine exports of apples and pears: lesser volumes and lower prices

  

  The Argentine Chamber of Integrated Fruit Exporters, CAFI reported that apple and pear exports continued a sharp decline in terms of exported volume, with a downfall of 30% (about 90.000 tons in total) compared to the previous year and 15% less in relation to 2010.

• Thursday, October 6th 2011 - 05:11 UTC

  Honour to Steve Jobs, one of the great transformers of modern society

  

  Steve Jobs, who transformed the worlds of personal computing, music and mobile phones, died on Wednesday at the age of 56 after a year-long battle with pancreatic cancer.