Apple has been accused by a Senate hearing of "shifting its golden goose" of intellectual property rights to Ireland to avoid paying US taxes on billions of dollars of profits. Reported by Telegraph.co.uk 24 minutes ago.
Author: Poly Pantelides THE BANK of Cyprus’ survival must be secured so that the economy and the financial sector can have a future despite the gloomy forecasts, the chairman of the employers and industrialists federation (OEV) said yesterday. Speaking at OEV’s annual general meeting, Philios Zachariades said that the deterioration of economic indicators has been the most dramatic the island has known during a time of peace. Cyprus’ GDP is expected to contract by 8.7 per cent this year. Borrowing rates...