Category: Business

  Boeing’s 737 MAX received a major order first time in a long time after the aircraft’s grounding for 20 months due to two fatal crashes killing a total of 346 people. Ryanair, a no-frills airline from Ireland signed a deal to purchase 75 of the 737 MAX aircraft boosting Boeing’s shares for the second season. This deal was made possible after the US Federal Aviation Administration (FAA) gave approval last month after Boeing upgraded the plane and pilot training protocols. The Irish airline announced that they talking round options…

      Apple acquired a dramatic win in the second-highest court of Europe on Wednesday winning against a $15 billion tax order in Ireland. Back in August 2016, the order was commissioned against Apple by Competition Commissioner Margrethe Vestager receiving much resentment from Silicon Valley. Apple CEO Tim Cook had condemned the decision at that time calling it a ‘total political crap’. US President Donald Trump even mocked Vestager as Europe’s ‘tax lady’ after she imposed many antitrust fines on Google as well. But Brussels has seemingly not lost…

    In recent news, Apple no longer has to pay €13 to Ireland comprising of black taxes after the company won an appeal undertaken at the highest court of the European Union. The case followed a record ruling against Apple in 2016 by the European Union. The General Court declared that the sum has been annulled since investigation shows that Apple was complying with the competition rules. This is a tragic setback for the EU that is currently fighting alleged tax violence. Apple is the largest taxpayer in the…