Revealed: how Nike stays one step ahead of the taxman

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Money paid for coaches in shops moves in and out of Europe, to Caribbean and even to entities not officially located anywhere Everyone knows Nike. Most people maybe own a duo of Nikes. It is undoubtedly one of the best-known firebrands in the world, seeing billions of dollars in benefit from world-wide trainer auctions. With […]

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Revealed: Queen’s private estate invested millions of pounds offshore

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Paradise Papers reveal Duchy of Lancaster invested in retailer criticized by exploiting thousands of good families Millions of pounds from the Queen’s private estate has been invested in a Cayman Islands fund as part of an offshore portfolio that has never before been disclosed, according to documents revealed in an inquiry into offshore tariff havens. […]

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Food brands ‘cheat’ eastern European shoppers with inferior products

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European commissioner says firms are guilty of manifest cheating by wrapping worse produces in same packaging Multinational food and drink corporations have” chiselled and misled” customers in eastern Europe for years by selling them inferior different versions of well-known symbols, according to the European commission’s most senior official responsible for justice and consumers. In an […]

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Fury at ‘Bodega’ tech startup that aims to put corner shops out of business

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Bodega, which groceries extol vending machines where users can buy groceries, boastings: Eventually, streamlined shop locales wont be necessary A tech startup called Bodega that hopes to change mom-and-pop stores with unmanned boxes that rely on an app and neural networks is facing a massive resentment from immigrant business owners and skeptics across Silicon Valley. […]

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Aldi confirms up to 100% horsemeat in beef products

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Supermarket enunciates it is angry with supplier Comigel after experiments uncover 30% and 100% horsemeat in withdrawn ready meals The environment secretary is due to meet the Food Standards Agency, food both suppliers and retailers on Saturday to discuss the horsemeat gossip after Aldi became the latest supermarket to confirm its revoke beef concoctions contained […]

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