Richard Barrett’s Bartra Capital has claimed its proposed controversial co-living scheme was criticised by politicians aiming to win seats in the European elections. The developer submitted plans to build 208 co-living bedrooms at a site on Eblana Avenue in Dun Laoghaire, South Dublin. Please log in or register with Independent.ie for free access to this […]
Microsoft moved intellectual property (IP) to Ireland as well as the US after Donald Trump slashed the corporate tax rate last year, and gained $2.6bn (€2.3bn) from the shift, the company said. Microsoft beat analysts’ estimates for fourth-quarter revenue and profit on Thursday night, driven by continued sales increases from its cloud business, and sending […]
LOS ANGELES — Conventional wisdom in Hollywood has long held that big, lumbering “tentpole” movies require protracted promotional campaigns. Walt Disney Studios spent more than three years promoting “Tron: Legacy,” which came out in 2010. Warner Bros. began beating the drums for “Godzilla” nearly two years before its 2014 release. Universal Pictures first publicized “The […]
BENGALURU (Reuters) – Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp (9434.T). The fresh investment round will take Agarwal’s stake to around 30% from 10%, a source familiar with the development […]
(Reuters) – Wall Street’s main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a U.S. interest rate cut could be imminent. Microsoft Corp (MSFT.O), the most valuable U.S. company, rose 1.7% as strength in its cloud business […]
Good Thursday morning. (Want this by email? Sign up here.) Trade talks are stuck in a rut Revived trade negotiations between the U.S. and China are said to have stalled again. One big problem, according to William Mauldin and Chao Deng of the WSJ: how much Washington should ease up on Huawei. • Though President […]
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers. “We got letters from 75 percent of them demanding tariff-related […]
BRUSSELS (Reuters) – Qualcomm (QCOM.O), the world’s no.1 chipmaker, was fined 242 million euros ($272 million) on Thursday for blocking a rival from the market about a decade ago, its second EU antitrust penalty. The European Commission, the EU’s competition regulator, accused Qualcomm of predatory pricing between 2009 and 2011 aimed at forcing out British […]
TOKYO (Reuters) – Asian share markets faltered on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries. MSCI’s broadest index of Asia-Pacific shares outside Japan retreated 0.3%, while Tokyo’s benchmark Nikkei skidded 2.0%, its biggest one-day fall […]
TOKYO (Reuters) – Asian share markets faltered on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries. MSCI’s broadest index of Asia-Pacific shares outside Japan retreated 0.3%, while Tokyo’s benchmark Nikkei skidded 2.0%, its biggest one-day fall […]