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After Apple, EU may focus on companies closer to home

August 31, 2016 by · Leave a Comment 

Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand for 13 billion euros, officials and experts said on Wednesday. The order to the iPhone maker to pay back taxes to Ireland on the grounds that Dublin illegally favored Apple with a tax regime that amounted to a competition-distorting

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After Apple, EU may focus on companies closer to home

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Japanese airline ANA to replace 100 Rolls engines on 787s

August 31, 2016 by · Leave a Comment 

By Alwyn Scott SEATTLE (Reuters) – ANA Holdings Inc , Japan's largest airline, said on Wednesday it will replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners following three engine failures this year caused by corrosion and cracking of turbine blades. In response to questions from Reuters, ANA, the world's largest 787 operator, said all 50 of its 787s will receive engines fitted with new blades, a process that could take up to three years. ANA has only three engines that…

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Japanese airline ANA to replace 100 Rolls engines on 787s