Amazon’s European web store division has paid no tax for 2021. Bloomberg reported this based on documents it could view. The European part of the American company had a turnover of 51.3 billion euros last year but had a deficit of 1.2 billion euros below the line. As a […]
Business
In its emissions targets, Shell no longer looks at the progress that society has made in that area. Shell previously stated that it always wanted to be emission-free by 2050, “depending on social progress”. According to Van Beurden, dropping that condition is “another step forward” that “represents the leading […]
Greek authorities have seized a Russian oil tanker off the island of Evia. In addition, new European Union sanctions over the war in Ukraine have banned ports in the Member States from allowing ships flying the Russian flag to enter. The Greek shipping ministry said that the nearly 250-meter […]
E-commerce giant Amazon is appealing the union formation at a warehouse in Staten Island, New York. The company claims that the local office of the National Labor Relations Board (NLRB) has not adhered to the rules. Recently, workers at the warehouse in question voted to form a union in […]
Car manufacturer Volkswagen expects to be badly affected by the war in Ukraine this year. It is already disrupting supply chains for materials and components. Moreover, rising prices for commodities like steel could cause even more financial pain. Nevertheless, in the first quarter, the German group still made a […]
After two strong years due to the pandemic, sales of laptops and desktops appear to be declining again. However, office devices do a lot better. Both Gartner and IDC are seeing a decline in global PC sales for the first three months of this year. Gartner speaks of 77.5 […]
Facebook mother Meta has paid a consultancy firm to set up a campaign against TikTok. Salient detail: many of the ‘dangers’ that the company highlighted about TikTok are said to have originated from Facebook itself. Meta, the parent company of Facebook, Instagram and WhatsApp, has traditionally kept the competition […]
Criminals are more likely to target smaller companies for social engineering attacks. This should be apparent from an investigation by security guard Barracuda. In a report, the company states that an employee at an SME with fewer than 100 employees is on average 3.5 times more likely to be […]
The German sports equipment manufacturer Adidas has drawn a line under its American brand Reebok. The sale of Reebok to the American Authentic Brands Group for 2.1 billion euros has been completed, Adidas announced on Tuesday. Authentic Brands Group, which owns brands such as Forever 21, Barney’s New York […]
Chip producer Melexis achieved a turnover of 643.8 million euros in 2021, good for an increase of 27 percent. Melexis benefited from the ever-increasing demand for chips in the automotive sector. Net profit rose 89 percent to EUR 131.1 million, the BEL20 company announced. “With a turnover of 166.2 […]
