US tariffs would favor global competitors: Apple urged admin

The most awaited and expected moment after Huawei placed in the explicit list of companies that need to revise terms of trade. It was expected that sooner or later the impact of tech war in view of enhanced tariffs would have an impact on Apple so is here. Apple has urged the US administration that proposed tariffs on Chinese imports would be counterproductive, saying they … Continue reading US tariffs would favor global competitors: Apple urged admin

Applied VAT on imports is costly for retailers: Post-Brexit concerns erupts

  Changes outlined in one of the many Brexit-related bills would force companies to pay the levy on goods at the point they enter the UK, rather than after they are sold. Business groups said the change would create severe problems for UK companies, including cash flow issues and additional bureaucracy. Business groups say changes will create major bureaucratic headache and cashflow problems for more … Continue reading Applied VAT on imports is costly for retailers: Post-Brexit concerns erupts

Ex-hurricane Harvey: Houston flooded as calamitous extends in Texas –

  In terms of basic infrastructure, more than 220,000 customers in the Houston area are without power, the city’s George Bush Intercontinental airport (one of the nation’s busiest) and William P Hobby airport are closed to all commercial flights and all the schools in the area have been closed for the week. The Federal Emergency Management Authority has deployed 1,800 staff and 3,000 national and state guard … Continue reading Ex-hurricane Harvey: Houston flooded as calamitous extends in Texas –