Corporate news

Ford quits Australia

Ford is to shut its two Australian production plants after 90 years of making cars there. It blamed the strength of the Australian dollar, along with high costs, particularly wages. The factories will close in just over three years time with the loss of 1,200 jobs. One Ford worker was bitter about the…

Major Nissan recall over steering wheel glitch

Nissan has issued a recall for more than 840,000 vehicles worldwide. They are the Micra, which is known as the March in some markets, and…
23/05 17:17 CET
Xbox One: Microsoft’s game changer?

The Xbox One – which Microsoft has just unveiled – is its strongest push so far to dominate consumers’ living rooms with a…
22/05 14:41 CET
Apple defends its tax affairs

Declaring “We are pride to be an American company and equally proud of our contributions to the US economy”, Chief Executive Tim…
21/05 20:44 CET
Vodafone takes hit

Mobile phone giant Vodafone says it has seen its revenues fall nearly five percent in Europe. In total the company wrote down nine billion…
21/05 13:51 CET
Ireland not to blame for Apple tax – Deputy PM

A senior Irish politician is denying the country is to blame for…
21/05 16:01 CET
Royal Mail profits up

Britain’s Royal Mail has reported pre-tax profits up 60 percent to the equivalent of 381 million euros. Much of the increase came from…
21/05 13:51 CET
Yahoo buys Tumblr

Yahoo has announced it is buying networking and blogging website Tumblr. The deal is worth over one billion dollars, that’s around…
20/05 14:29 CET
Record Profits for Ryanair

Irish low cost airline Ryanair has posted record earnings. Passenger numbers were up by three million compared to the same period last…
20/05 14:29 CET
Google denies misleading over tax

A top Google executive has denied that his company misled British authorities over the minimising of its tax bill there. Matt Brittin told…
16/05 15:02 CET