Edition:
United States

Tom Bergin

Amazon UK unit pays $8 million corporation tax as sales hit $17.5 billion

Sep 16 2020

LONDON Amazon.com Inc's main UK subsidiary, Amazon UK Services Ltd., paid just 6.3 million pounds ($8 million) in corporation tax in 2019 despite the group reporting over $17.5 billion in sales in Britain, accounts published on Wednesday show.

Eastman Kodak top executive got Trump deal windfall on an 'understanding'

Aug 03 2020

NEW YORK/LONDON Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.

Exclusive: Eastman Kodak top executive got Trump deal windfall on an 'understanding'

Aug 01 2020

NEW YORK/LONDON Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.

How Moderna executives are cashing in on COVID-19 vaccine stock speculation

Jul 02 2020

Biotech firm Moderna Inc could reap tens of billions of dollars in sales and stock appreciation if it wins the race for a COVID-19 vaccine. If it loses, the early-stage company’s value could crash.

Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. taxes

May 28 2020

LONDON/BOSTON Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.

Scottish council approves $185 million Trump housing plan

Sep 26 2019

A Scottish council has approved a 150 million pound ($185 million) plan by U.S. President Donald Trump's family business to build 550 houses at his golf resort north of Aberdeen, despite some local opposition.

Auditor to company owned by metals tycoon Gupta quit over asset value

Jul 09 2019

The auditor of a small company owned by metals tycoon Sanjeev Gupta resigned saying it could not agree with the valuation of assets, according to a letter filed with the UK corporate register, Companies House.

Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta

Jul 07 2019

Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it had issued in 2017 on behalf of commodities tycoon Sanjeev Gupta.

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