Boris in Berlin: PM seeks to woo Merkel after Tusk turns down backstop plea

first_imgMain image: Getty whatsapp The UK Prime Minister will have meet his German counterpart this afternoon, followed by dinner, before travelling to Paris for talks with French President Emmanuel Macron on Thursday. Tags: Brexit Boris in Berlin: PM seeks to woo Merkel after Tusk turns down backstop plea Boris Johnson is travelling to Berlin today for his first bilateral meeting with German Chancellor Angela Merkel since taking office, in the hope of breaking the Brexit impasse. In an internal memo sent to EU27 member states and seen by City A.M., Johnson’s letter was roundly dismissed, arguing it made “misleading” claims. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamazenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.combonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman files for divorce after seeing this photoMisterStory Share Merkel yesterday told journalists she would consider “practical” solutions, however. Catherine Neilan Britain’s Prime Minister Boris Johnson (C) speaks flanked by Britain’s Metropolitan Police Service (MPS) Commissioner Cressida Dick (L) and Youth Justice Board Adviser Roy Sefa-Attakora (R) during a roundtable on the criminal justice system at 10 Downing Street in London on August 12, 2019. (Photo by Daniel LEAL-OLIVAS / POOL / AFP) (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images) The trip comes ahead of the G7 summit in Biarritz, which starts on Saturday. Ahead of today’s journey, Johnson told reporters he was considering solutions including trusted trader schemes and the use of technology – options discarded by the previous Prime Minister Theresa May. While no major breakthrough is expected, it is hoped that the two meetings will offer an opportunity to grapple with Brexit ahead of the multi-lateral weekend talks, where the UK’s departure from the EU will be just one of several topics under discussion. The Polish politician tweeted yesterday that anyone not proposing “realistic alternatives in fact support reestablishing a border. Even if they do not admit it”. Johnson pre-empted the trip with an open letter to European Council President Donald Tusk and the EU27 member states, in which he urged for a rethink on the Irish backstop. The Prime Minister called for the matter to be pushed into the second stage of talks – regarding the future relationship – on the promise that “alternative arrangements” could be agreed without having to resort to the “anti-democratic” backstop. whatsapp Wednesday 21 August 2019 9:41 am However his plea was met with short shrift from Tusk and the wider Brussels machinery. last_img read more

News / Yang Ming losses continue to mount after 2016 revenue slump

first_img© Jason Row Since then, in an attempt to cut overheads and help make the container line more competitive, Yang Ming has slashed the pay of its senior executives by 50% and the salary of its line managers by up to 30%.But shippers remain nervous after the sudden crash of Hanjin Shipping last year – not least because that carrier’s biggest creditor was also a state-owned bank. Indeed, several shippers have told The Loadstar  they had decided not to book with Yang Ming, due to its perceived dire financial position.Nonetheless, Yang Ming will now need to regroup again as it prepares its exit from the CKYE alliance to join THE Alliance from Saturday.THE Alliance has set up an independently managed trust fund to safeguard cargo operations should a member go bankrupt. It said customers had shown “a clear demand for such a safety net”. By Mike Wackett 30/03/2017center_img Taiwanese ocean carrier Yang Ming has added a 2016 US$492m loss to the net deficit of $258m the previous year.Revenue plunged to TWD115.4bn, from TWD127.6bn in 2015.Lars Jensen, chief executive and partner at SeaIntelligence Consulting, today described Yang Ming’s financial performance as “very negative”.Although all deepsea carriers had suffered a “bad year” in 2016, Mr Jensen said Yang Ming’s result compared unfavourably with its peers.“To put the result into perspective, Maersk Line lost $384m and CMA CGM lost $452m. But it should be noted that CMA CGM is almost four times larger than Yang Ming in terms of capacity and Maersk Line is almost six times larger.”Hapag-Lloyd, approximately twice the size of Yang Ming, had “only” lost $103m in the same period, he added.“It is clear that major changes must be implemented in Yang Ming if the recapitalisation plan is to be more than temporary salvation in the face of competition from the very large carriers,” said Mr Jensen.In January, Yang Ming sought to reassure customers and suppliers of its solvency after being identified by Drewry Financial Research Services (DFRS) as a “red flag risk”.A research paper published by DFRS suggested that Yang Ming, the world’s eighth-largest carrier, had “taken the slot left vacant by Hanjin Shipping” as “the company with the most leveraged balance sheet in the industry”.However, the carrier published a robust response and said: “Yang Ming has never approached its creditors with any demands to restructure any part of its debt, and has no intention to do so going forward.”it continued: “Yang Ming has never failed to deliver in difficult times, even in the wake of the largest carrier bankruptcy.”It advised that it was to raise $54.4m through a privately placed rights issue with six Taiwanese investors, including the state-owned National Development Fund of Taiwan. This increased government-owned stock to 36.6%.Yang Ming alluded to a bigger stake being held by the Taiwan government as being part of “the company’s financial recovery plan”.In November the Ministry of Transportation and Communications created a $1.9bn fund, available to the country’s shipping groups in case of financial hardship.last_img read more

Tampa Bay Buccaneers head to Super Bowl LV

first_imgAdvertisement AdvertisementThe Bucs will face the Kansas City Chiefs at Tampa’s Raymond James Stadium on Feb. 7. Kansas City beat the Buffalo Bills 38-24 in Sunday night’s AFC Championship.Green Bay trailed 31-23 and had first-and-goal from the 8 in the last few minutes. But after Aaron Rodgers threw three straight incompletions, the Packers settled for Mason Crosby’s 26-yard field goal with 2:05 left.The Packers had all three timeouts left and were hoping their defense could force a punt. The Bucs foiled that plan, draining the rest of the clock, helped by a pass interference penalty on Kevin King. Tom Brady in recovery from knee surgery ahead of June minicamp April 20, 2021 Led by Shaquil Barrett and Jason Pierre-Paul combining for five sacks, Tampa Bay snapped Green Bay’s seven-game winning streak. The Packers lost in the NFC championship game for the fourth time in the last seven seasons, according to AP. Green Bay hasn’t reached the Super Bowl since its 2010 championship season.Rodgers went 33 of 48 for 346 yards with three touchdowns and one interception, but fell to 1-4 in conference championship games as a starting quarterback.The Bucs built a 28-10 lead early in the third quarter thanks to Brady’s three touchdown passes, including a 39-yarder to Scotty Miller with 1 second left until halftime. Brady went 20 of 36 for 280 yards.The Packers rallied as Brady threw interceptions on three straight drives for just the second time in his career. Green Bay cut the lead to 28-23 late in the third quarter on Rodgers’ touchdown passes to Robert Tonyan and Davante Adams.INJURY REPORTPackers RB Aaron Jones hurt his chest and Bucs safety Jordan Whitehead injured his shoulder on a third-quarter play that resulted in a Jones fumble. Packers defensive lineman Tyler Lancaster (ankle) and linebacker Krys Barnes (thumb) left in the second half.The Bucs played the entire game without wide receiver Antonio Brown (knee) and safety Antoine Winfield Jr. (ankle).UP NEXTThe Bucs return home to play in the Super Bowl.The Packers’ season is over. Former NFL player found dead at Florida hotel February 16, 2021 Tom Brady signs extension contract with Tampa Bay Buccaneers March 14, 2021 AdvertisementTags: Super Bowl LVTampa Bay Buccaneers AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments RELATEDTOPICS Geno Hayes, former Tampa Bay Buccaneer, dead at 33 April 28, 2021 GREEN BAY, Wis. (AP) — Tom Brady and the Tampa Bay Buccaneers’ road magic have them heading home to the Super Bowl, the first team to play in one on their home field.Brady owns six Super Bowl rings with New England and now heads to his 10th NFL championship game with his new team. With help from a stifling pass rush and a curious late call on fourth and goal by the Packers, Brady and the Bucs beat top-seeded Green Bay 31-26 for the NFC title Sunday.The Bucs (14-5) earned their franchise-record eighth consecutive road victory to reach the Super Bowl for the first time since their 2002 championship season, The Associated Press reports.They were helped by a strange decision by Packers coach Matt LaFleur with just over two minutes remaining and down by five points. On fourth-and-goal, he elected to kick a field goal. Tampa Bay then ran out the clock on the Packers (14-4).last_img read more

Cabinet Appoints Adrian Foreman to the LDUC Board of Directors

first_imgRelatedCabinet Appoints Adrian Foreman to the LDUC Board of Directors FacebookTwitterWhatsAppEmail The Cabinet at its meeting this week approved the addition of Mr. Adrian Foreman of A.B. Holdings to the membership of the Board of Directors of the Land Development and Utilization Commission (LDUC).The other eight members of the LDUC who had already been appointed are:1. The Honourable Pat Rousseau O.J. Chairman2. Ms. Joy Douglas3. Mr. Peter Knight4. Mr. Anthony Chang5. Mr. James Rawle6. Mr. Christopher Stone7. Dr. Ruth Potopsingh8. Mrs. Shirley WilliamsThe Land Development and Utilization Commission falls under the jurisdiction of the Office of the Prime Minister.The Board is appointed for two years with effect from 1st May 2008. Advertisements RelatedCabinet Appoints Adrian Foreman to the LDUC Board of Directorscenter_img RelatedCabinet Appoints Adrian Foreman to the LDUC Board of Directors Cabinet Appoints Adrian Foreman to the LDUC Board of Directors UncategorizedJuly 10, 2008last_img read more

Kids To Fall Into 'Black Holes' At June 17 CU Wizards Show

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: June 5, 2000 Ever wonder what it would feel like to be sucked into a black hole? Selected children will have the chance to fall into an artificial black hole, build a man that stretches to many times his normal size and participate in other activities at the Saturday, June 17, CU Wizards show on “Black Holes.” Associate Professor Andrew Hamilton of the astrophysical and planetary sciences department will demonstrate the concepts of black holes in CU-Boulder’s Fiske Planetarium at 9:30 a.m. and 11:30 a.m. “Black Holes” is a brand-new hour-long show, aimed primarily at students in grades five through nine. Hamilton has presented “Black Holes and Relativity” as part of Fiske’s monthly Astronomy Evening series. The CU Wizards show will feature “Henry” the stretchy man to demonstrate how his body would stretch if he fell into a black hole, a gravitationally-powered jet to explain how black holes power jets, and a tornado demonstration to show how matter swirling into a black hole produces a vortex from which jets emerge. Fifth-grade students from Lafayette Elementary School have been selected to jump into an artificial black hole. Students will get onto a treadmill at slow speed and fly off the back end onto a crash mat representing a black hole. Hamilton offers assurances that the demonstration has been tested and will be safe and fun.”I’ve asked them all to scream really loud,” he said. CU Wizards is an annual program that provides an informal introduction to astronomy, chemistry and physics. The series includes presentations by CU-Boulder faculty in areas ranging from biology to astrophysics. “Black Holes” is the final presentation of the 1999-2000 series. Free parking is available in lot 308, west of Fiske Planetarium; lot 436, east of the Engineering Center; and lot 378, east of the stadium. For more information about the CU Wizards series call (303) 492-4318.last_img read more

CU-Boulder to conduct aerial photography of the campus

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: May 15, 2012 The University of Colorado Boulder will conduct aerial photography over the Boulder campus and surrounding areas on May 16, weather permitting, between 7 and 8 a.m. The helicopter will hover over and circle the main CU campus, Williams Village complex and possibly the Chautauqua area. The morning flight is required to capture the early morning light on the Flatirons.After several years of construction and remodeling on campus, camera crews plan to take advantage of a crane-free main campus and springtime greenery. The last aerial photography of the campus was done in 2010.The film and video footage will be used in marketing materials being developed by CU-Boulder’s University Communications department.Contact:     Malinda Miller-Huey, 303-492-3115last_img read more

King Estate Promotes Megan McKinnon to Vice President & Chief Financial…

first_imgShare AdvertisementEugene, OR- King Estate Winery, the iconic Willamette Valley based Pinot Noir and Pinot Gris producer, announces the promotion of Megan McKinnon, Controller, to Vice President and Chief Financial Officer and Compliance Officer and Inventory Manager, Lisa Frasieur, to Controller.“Rising through the ranks while becoming integral parts of the King Estate family over the past 20 years, Megan and Lisa were the natural choices for these key roles. Hardworking, dedicated, tough, and smart, these two individuals have been essential in the growth of the company and we look forward to seeing them continue to drive King Estate’s success,” said Ed King.“It has been an honor to be part of the dynamic team here at King Estate Winery. We look forward to diving into our new roles and contribute to continued growth and excellence for years to come,” said Megan McKinnon.About King Estate: King Estate, celebrating 24 years of Oregon winemaking in 2014, is located southwest of Eugene, Oregon, at the southern tip of the Willamette Valley.  Founded in 1991 by the King family, King Estate is committed to producing wines of exceptional quality using organic & sustainable farming methods, meticulous fruit selection, and impeccable winemaking practices. King Estate focuses on producing world-class Pinot Gris and Pinot Noirs. To this day, King Estate is owned and operated by the King Family.Advertisement ReddIt Twitter Linkedin Previous articleThree Spirited Food and Wine Festivals Are Returning to Pismo Beach This SpringNext articleSonoma County Vintners Announce Wine Lots for Inaugural Barrel Auction Press Release Email Pinterest Facebook Home Industry News Releases King Estate Promotes Megan McKinnon to Vice President & Chief Financial Officer,…Industry News ReleasesWine BusinessKing Estate Promotes Megan McKinnon to Vice President & Chief Financial Officer, Lisa Frasieur to ControllerBy Press Release – March 12, 2015 43 0 TAGSfeaturedKing Estate WineryLisa FrasieurMegan McKinnonpeople last_img read more

Housing’s corporate takeover is an open secret

first_img[email protected] Tags :housingNewsrent controlshare on Facebookshare on Twitteradd a commentKate CagleSenior ReporterSenior reporter for the Santa Monica Daily Pressview all postsExpanded cell service subject of City Hall appealSafety procedures increased after woman approaches child at local schoolYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall9 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press20 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press20 hours agoNewsCouncil picks new City ManagerBrennon Dixson20 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter20 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor20 hours ago HomeFeaturedHousing’s corporate takeover is an open secret Aug. 27, 2018 at 5:01 amFeaturedNewsHousing’s corporate takeover is an open secretKate Cagle3 years agohousingNewsrent control “(They) found a little rabbit hole…and drove a truck through it.”The units come with flat screen televisions, modern furniture, dishes and towels. Kitchens are optional. In some cases, a housekeeper comes by to keep things tidy.Officials say it’s no coincidence that hundreds of apartments in Santa Monica sound more like hotel rooms, as landlords realize corporate rentals get around the city’s strict anti-AirBnb ordinance while taking advantage of incentives meant to build housing to solve a statewide shortage of affordable places to live.“It’s really amazing. The blatant abuse of these residential units for use, really, as a hotel,” said Chair Amy Anderson at a recent Planning Commission meeting.The trend is pervasive, with approximately 39 apartment buildings in downtown Santa Monica advertising at least some units for corporate or vacation travelers looking to rent here for just over 31 days – the threshold for a “short-term rental.” The city’s strict AirBnb ordinance requires a host present for any stay shorter than that, a tactic to preserve precious rental units in a beachside town with skyrocketing property values, a booming tourist industry and a sophisticated workforce.“It seems to be a hybrid of Airbnb and corporate housing that’s being used to move hundreds, if not thousands, of units off the market,” City Councilmember Sue Himmelrich said. She and Councilman Kevin McKeown have urged city staff to look at ways to close loopholes and update outdated laws that define corporate housing as apartments with offices, pools or similar amenities.“The goal is to get them to stop doing this so (renters) can have neighbors again,” said former Planning Commissioner Jennifer Kennedy, who also urged staff to address the issue.Renting an apartment to a corporation is not illegal. Neither are month-to-month leases. The Rent Control Board only recently made moves to define a tenant as a “human being.” It’s just one way officials are suddenly trying to close the revolving door of month-to-month leases in traditional housing.The spread of corporate rentals is particularly concerning to rent control tenants because landlords can charge significantly more for short term stays in furnished units. Residents at 421-427 San Vicente Boulevard said their owner approached them with buyout offers about six months ago. Six tenants took five-figure buyouts, worried they could otherwise face eviction under the Ellis Act, tenant Gary Hudson told the City Council recently.Hudson said the units were promptly remodeled, furnished and stocked with pots, pans and other basic necessities. They are now advertised on for “32 days to 6 months” lease terms.“Amazing for Summer vacation or for corporate needs,” the advertisement said. “Wifi, internet, TV package and all utilities included in price.”An 830 square foot one bedroom, one bath apartment there is currently advertised for $2,995 a month online.The Daily Press reached out to TMB Associates, the property management company, for comment but did not hear back as of press time. The banana tree lined courtyard now balances the interests of long term tenants seeking peace and quiet near the ocean and visitors in town for a quick trip.“There’s no code of conduct,” Hudson said of vacationers who leave trash outside their doors and throw parties. “If you were in a hotel, you would be kicked out of a hotel.”City officials were stunned this summer when another rent control building reopened after massive remodeling with subdivided units. The majority of long-term tenants at 1238 and 1242 Tenth Street took buyouts when Neil Shekhter, the owner of NMS Properties, purchased the building and began upgrading the aging units two years ago. (The units are now owned by WS Communities, a spin-off of NMS.)Sources who have toured the property tell the Daily Press the apartments, now as small as 206 square feet, are leased separately on a short-term basis.“How can you legally turn a rent controlled apartment into a hotel in front of everybody’s eyes?” long-term Tenth Street tenant Gert Basson asked the City Council. Basson said the property managers and construction crew harassed long term tenants to get them to take buyouts and leave. He resisted and has been living outside of his apartment on a relocation order for nearly two years.Planning Manager Jing Yeo said apartments in Santa Monica must be at least 375 square feet and have a bathroom and a kitchen. The Tenth Street property is now under investigation by Code Enforcement.“They did appropriately get building permits and the plans show that they were dwelling units,” Yeo said. “It appears that some partitions, or what have you, were added after the fact.”Companies affiliated with Shehkter and WS Communities have submitted plans to potentially subdivide units in two other rent controlled buildings, according to sources within City Hall who requested anonymity because the issue is under investigation.“There’s a lesson there of how that person got around the system,” said Planning Commissioner Mario Fonda-Bernardi. “(They) found a little rabbit hole…and drove a truck through it.”The apartments on Tenth Street are managed by My Suite, LLC, a relatively new company managed by Shekhter’s son, Adam, according to business records from the Secretary of State. The same company manages four other buildings here, including Pacifico at 1445 9th Street, which is also under rent control, and two downtown NMS properties.“MySuite, an NMS Company, has a job posting on ZipRecruiter that says they have 400 plus units under construction and 2,500 plus units under development,” Kennedy said. “They call these ‘turnkey living solutions’ for vacation rental or a place that feels like home from day one. Only the very wealthy can afford turnkey living solutions.”With dozens of apartments in the pipeline all over town, Kennedy hopes the city can close loopholes or amend development agreements to ban corporate rentals in new housing, particularly at Lincoln and Colorado.“I’m specifically concerned that one company that’s already doing this around town will be doing it at one of those sites,” Kennedy said.last_img read more

Facebook shows no signs of slowing in Q4 results

first_img Facebook trials feature to connect neighbours Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 FEB 2017 WhatsApp payments resurfaces in Brazil Tags Saleha Riaz Author Asia center_img Home Facebook shows no signs of slowing in Q4 results Facebook’s quarterly numbers showed the company is going from strength to strength, with mobile ad revenue generating a bigger share of the revenue pie, although less positively it lost a $500 million lawsuit related to its VR arm Oculus.The social media giant saw a profit of $3.57 billion, more than double the $1.56 billion figure it reported a year ago, and total revenue hit $8.8 billion, up from $5.84 billion a year ago.Most of its revenue – $8.6 billion – came from ads, and mobile ad revenue made up 84 per cent of this, increasing from 80 per cent a year ago.The firm said mobile continues to drive its growth: mobile daily active users were 1.15 billion on average for December 2016, an increase of 23 per cent year-on-year, and mobile monthly active users were 1.74 billion at the end of December.CEO Mark Zuckerberg also said on an earnings call that 400 million people now use voice and video chat on Messenger every month.Ad revenueWhen it comes to ad revenue, COO Sheryl Sandberg said the firm has three priorities: capitalising on the shift to mobile, growing the number of marketers using its ad products, and making ads more relevant and effective.She said that 65 million businesses are using Facebook’s free Pages product and five million are using Instagram Business profiles. “More and more of these businesses are becoming advertisers with over four million advertising on Facebook and over 500,000 on Instagram”.As for ads in Messenger, which the company recently started testing, she said “we are really focused on consumer growth and engagement because we know that over time that creates the monetisation opportunity”.She also mentioned that in 2016, “we saw more marketers prioritising mobile and especially mobile video”.VideoIn the earnings call, the company talked up video, but it gave no confirmation of reports that it is working on an app for set-top boxes like Apple TV.Wall Street Journal reported Facebook is talking to media companies to license long-form, TV-quality programming, but the CEO said “we’re focusing more on shorter-form content to start”.Zuckerberg said he saw “video as a megatrend” and that “last year we started to invest in more original video content to help seed the ecosystem, and we’re planning to do more in 2017”.OculusA jury ordered Facebook’s Oculus VR to pay $500 million in damages to video game publisher ZeniMax Media.It found Oculus founder Palmer Luckey guilty of “unlawful infringement of ZeniMax’s copyrights and trademarks” and for the violation of a non-disclosure agreement “pursuant to which we shared breakthrough VR technology that we had developed and that we exclusively own,” ZeniMax said.On VR, Zuckerberg only said the firm is working to bring more social experiences to VR with apps like Oculus Rooms for Gear VR.“We’re going to keep making big investments in VR content, and I’m excited about what’s coming in 2017, from new games to more immersive educational experiences,” he said.As for dealing with the rise of fake news on the platform for which it has been heavily criticised, mainly around the US election time, the CEO said “we’ve taken steps to reduce spam and clickbait, and now we’re approaching misinformation and hoaxes the same way”. Australia funds regulator to oversee new media law Previous ArticleTelenor boss stresses importance of a digital strategyNext ArticleNokia looks to the future following tough Q4 Related Facebooklast_img read more

France to sue Google, Apple over app store concerns

first_imgHome France to sue Google, Apple over app store concerns Devices Tags Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Author Related Saleha Riaz Mobile Mix: AI, Android and open RANcenter_img Previous ArticleMexico first in LatAm for Google StationNext ArticleXiaomi set for India push France is taking Google and Apple to court over “abusive” app store practices and also wants to be able to tax tech giants in Europe beginning in 2019, the country’s finance minister said.Bruno Le Maire told radio station RTL it was “unacceptable” that developers must pay Apple and Google a fee for selling their apps on their stores and the companies “can unilaterally rewrite” developer contracts.“They can’t treat our startups and developers the way they do,” he said, adding he will take the companies to the Paris commercial court where resulting fines could amount to million of euros.He also said France expects the European Union to close loopholes allowing technology companies including Google, Apple, Amazon and Facebook to avoid paying taxes.France sued Google in 2016, demanding $1.7 billion in back taxes, but a French court ruled in favour of Google.In September 2017 le Maire, along with the finance ministers of Italy, Spain and Germany, signed a letter calling for the EU to calculate technology companies’ tax based on revenue instead of profits – as is currently the case.The politicians sought an end to current practices whereby overseas tech giants typically register tax through countries where rates are lower, and called for a system which would see the companies taxed at levels closer to each country’s own corporate tax rates. Google taps retail with NYC store AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 14 MAR 2018 KT makes LG Electronics trade-in move AppleFranceGooglelast_img read more