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Boeing customer Air Lease says 'damaged' MAX brand should be dropped

The chairman of major aircraft leasing firm Air Lease , which has 150 of Boeing’s grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the “damaged” MAX brand to avoid it undermining the plane’s value. The comments by Steven Udvar-Hazy, one of the founders of the airplane leasing industry which finances around half of the world’s passenger fleet, echoes a call by U.S. President Donald Trump in April last year to “rebrand” its 737 MAX jetliner. Boeing said last June it had no plans to change the name of the jet. …read more […]

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Apple's Cook says global corporate tax system must be overhauled

Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration. The growth of internet giants such as Apple has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms over where multinational firms should be taxed. The reforms being examined center around the booking of profits by multinational firms in low-tax countries such as Ireland where they have bases – and where Cook was speaking on Monday …read more […]

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Apple's Cook says global corporate tax system must be overhauled

Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration. The growth of internet giants such as Apple has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms over where multinational firms should be taxed. …read more […]

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Johnson, Macron Skip Davos 2020

Jan.20 — This year, there are some high profile no-shows at the annual World Economic Forum in Davos, Switzerland. Several G-20 leaders have chosen to skip the event. Bloomberg’s Stuart Wallace reports on “Bloomberg Markets: European Open.” …read more […]

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Johnson, Macron Skip Davos 2020

Jan.20 — This year, there are some high profile no-shows at the annual World Economic Forum in Davos, Switzerland. Several G-20 leaders have chosen to skip the event. Bloomberg’s Stuart Wallace reports on “Bloomberg Markets: European Open.” …read more […]