EU orders Starbucks, Fiat to each pay up to €30m in back taxes
EU Competition Commissioner Margrethe Vestager
Brussels - Arab Today
The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the Lux Leaks scandal.
"Luxembourg is to recover 20-30 million euros ($23-34 million) from Fiat and The Netherlands to recover 20-30 million from Starbucks Manufacturing -- unpaid taxes due to illegal state aid," EU Competition Commissioner Margrethe Vestager said in a tweet announcing the decision.
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:16 2016 Wednesday ,23 March
cartoon fiveGMT 10:12 2012 Monday ,19 March
Babies fed on demand better at school
GMT 10:31 2018 Tuesday ,02 January
Iranian Revolutionary guards officers lead insurgency
GMT 07:29 2017 Friday ,20 January
Car struck pedestrians in Melbourne, Australia
GMT 17:01 2017 Monday ,30 January
Tech firms protest Trump immigration order
GMT 21:58 2017 Monday ,20 March
Youth minister: Sisi follows up projects underway in New Capital
GMT 12:32 2018 Sunday ,14 January
Works Minister receives copy of Master's thesis
GMT 08:07 2017 Sunday ,24 December
Gaza zookeeper puts lion cubs up for sale
GMT 05:05 2017 Saturday ,23 December
Kremlin's new cyber weapons spark fears and fantasiesGMT 05:58 2011 Sunday ,07 August
Old board back at Pakistani school
GMT 22:41 2016 Wednesday ,08 June
4 killed in shooting at Tel Aviv nightspot
GMT 08:15 2017 Tuesday ,27 June
Authorities dissolved 53 associations
GMT 13:03 2016 Monday ,24 October
Mourinho, Conte tight-lipped over touchline spat
GMT 18:38 2016 Saturday ,16 April
Beijing opens sixth International Film Festival
GMT 07:23 2015 Sunday ,10 May
Ford launches new F-150 model in Middle East
GMT 21:28 2016 Friday ,04 March
Ruler of Ras Al Khaimah lays foundation stone for Design and Service Training Centre of Indian vehicle maker Ashok Leyland
GMT 01:56 2017 Saturday ,04 March
Street performers return to Global Village
GMT 12:03 2017 Sunday ,30 July
Schools in honour of Taryam brothers opened
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor