Tzrs Diego Maradona rsquo lsquo;Hand of God rsquo; shirt auctioned for record pound;7.14m
Wednesday 15 June 2022 5:46 pm|Updated:Wednesday 15 June 2022 6:25 pmQualcomm comes out victorious in EU antitrust battle as Vestagerrsquo Big Tech crack down starts flailingBy: Leah MontebelloShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on Email Photo by Diarmuid Greene /Web Summit via Getty Images Qualcomm came out victorious this morning after the chipmaker won its battle against a euro;997m pound;862m fine imposed by EU antitrust regulators four years ago, raising eyebrows for the blocrsquo ongoing curbing US Big Tech dominance.The fine was imposed by European Commission after the US firm paid billions of dollars to Apple to use only Qualcomm chips in all its iPhones and iPads: hindering rivals like Intel Corp from 2011 to 2016 .In a blow to Commissioner for Competition Margrethe Vestagerrsquo emerging regimem, Europersquo second-highest court annulled the 2018 EU finding and question brumate cup ed its handling of the case on a process level,The Commission did not provide an analysis which makes it possible to support the findings stanley mug that the payments conc stanley cup erned had actually reduced Applersquo incentives to switch to Qualcommrsquo competitors, the General Court said.A Qualcomm spokesperson told City A.M this evening: We are pleased with the General Courtrsquo decision.Meanwhile, a spokesperson for the European Commission said: The European Commission takes note of Ntdb HS2 rsquo new boss Mark Wild warns the company is in a lsquo;very serious situation rsquo;
Friday 14 June 2019 5:08 am|Updated:Thursday 13 June 2019 11:46 pmBad debt insurance claims at highest since 2009By: James BoothShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailThe UKrsquo booming tech polene sector continues to attract top talentThe number of insurance claims made this year by UK businesses facing bad debts has reached its highest level in ten years, figures published today show.In the first quarter 57 firms every day were helped by trade credit insurers, data from the Association of British Insurers ABI show.The high volume of claims is being driven by Brexit uncertainty, rising business rates, competition from online sales, weaker consumer spending and increased operating costs due to the weaker pound, the resea stanley canada rch found.The latest government figures show a six per cent increase in company insolvencies in the first three months of the year. In the first quarter there were 5,114 new trade credit insurance claims made, up six per cent on the previous quarter to their highest level since the second quarter of 2009. The value of claims paid was pound;48m, up pound;1m on the previous quarter.The average payment was pound;9,000.Mark Shepherd, assistan hydrojug canada t director, head of general insurance policy at the ABI, said: The 10 year high in the number of trade credit insurance claims made so far this year, highlights the vital role that trade credit insurers are playing in helping UK firms navigat
Wednesday 15 June 2022 5:46 pm|Updated:Wednesday 15 June 2022 6:25 pmQualcomm comes out victorious in EU antitrust battle as Vestagerrsquo Big Tech crack down starts flailingBy: Leah MontebelloShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on Email Photo by Diarmuid Greene /Web Summit via Getty Images Qualcomm came out victorious this morning after the chipmaker won its battle against a euro;997m pound;862m fine imposed by EU antitrust regulators four years ago, raising eyebrows for the blocrsquo ongoing curbing US Big Tech dominance.The fine was imposed by European Commission after the US firm paid billions of dollars to Apple to use only Qualcomm chips in all its iPhones and iPads: hindering rivals like Intel Corp from 2011 to 2016 .In a blow to Commissioner for Competition Margrethe Vestagerrsquo emerging regimem, Europersquo second-highest court annulled the 2018 EU finding and question brumate cup ed its handling of the case on a process level,The Commission did not provide an analysis which makes it possible to support the findings stanley mug that the payments conc stanley cup erned had actually reduced Applersquo incentives to switch to Qualcommrsquo competitors, the General Court said.A Qualcomm spokesperson told City A.M this evening: We are pleased with the General Courtrsquo decision.Meanwhile, a spokesperson for the European Commission said: The European Commission takes note of Ntdb HS2 rsquo new boss Mark Wild warns the company is in a lsquo;very serious situation rsquo;
Friday 14 June 2019 5:08 am|Updated:Thursday 13 June 2019 11:46 pmBad debt insurance claims at highest since 2009By: James BoothShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailThe UKrsquo booming tech polene sector continues to attract top talentThe number of insurance claims made this year by UK businesses facing bad debts has reached its highest level in ten years, figures published today show.In the first quarter 57 firms every day were helped by trade credit insurers, data from the Association of British Insurers ABI show.The high volume of claims is being driven by Brexit uncertainty, rising business rates, competition from online sales, weaker consumer spending and increased operating costs due to the weaker pound, the resea stanley canada rch found.The latest government figures show a six per cent increase in company insolvencies in the first three months of the year. In the first quarter there were 5,114 new trade credit insurance claims made, up six per cent on the previous quarter to their highest level since the second quarter of 2009. The value of claims paid was pound;48m, up pound;1m on the previous quarter.The average payment was pound;9,000.Mark Shepherd, assistan hydrojug canada t director, head of general insurance policy at the ABI, said: The 10 year high in the number of trade credit insurance claims made so far this year, highlights the vital role that trade credit insurers are playing in helping UK firms navigat