Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes.
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Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Climate Crisis
Richard Collett-White: US Lobby Groups Most Effective at Blocking Climate Action – Report
US lobby groups representing the fossil fuel and automotive industries are world leaders when it comes to stalling government action on climate change, new research shows. Read here
Corruption
Turkish Minute: Ankara mayoral candidate’s assets confront Turks with the reality of AKP elite’s wealth
The race for mayor of Turkey’s capital city has become the latest arena for showcasing the wealth amassed by the ruling Justice and Development Party (AKP) elite. Read HERE Turgut Altinok – Photo: VOA
Finance
rest of world: Asia’s largest food delivery platform Foodpanda stumbles in Pakistan, too
From a riders’ strike to leadership churn, Foodpanda’s Pakistan dream run is under threat at a time when it’s facing hurdles in several Asian markets. Read Here Photo: Solomon203 licensed under the Creative Commons Attribution-Share […]
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