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PARIS (Reuters) – Finance Minister Bruno Le Maire on Thursday said France will tax digital giants at a national level from 2019 if European Union states cannot reach an agreement on a tax on digital revenues for the bloc. EU finance ministers failed to agree a tax on digital revenues on Tuesday, despite a last minute Franco-German plan to salvage the proposal by narrowing its focus to companies like Google (GOOGL.O) and Facebook (FB.O) how to use cufflinks uk online. “I am giving myself until March to reach a deal on a European tax on digital giants,” Le Maire told France 2 television..
BEIJING (Reuters) – China said on Thursday that Canada and the United States had yet to clarify their reason for arresting the daughter of Chinese tech giant Huawei’s founder, in an incident that has dealt a blow to hopes of easing Sino-U.S how to use cufflinks uk online. trade tensions. The shock arrest of Meng Wanzhou, who is also Huawei Technologies Co Ltd’s chief financial officer, is riling authorities in Beijing and raises fresh doubts over a 90-day truce on trade struck between Presidents Donald Trump and Xi Jinping on the day she was detained..
(Reuters) – U.S. supermarket chain Kroger Co (KR.N) reported quarterly same-store sales that fell just short of analysts’ estimates on Thursday, hit by disruptions caused by the company revamping stores to give more shelf space to its best-selling products how to use cufflinks uk online. The company’s shares fell nearly 3 percent to $27.80 in premarket trading. Kroger has warned that the remodeling will weigh on sales this year as customers find it harder to locate groceries, but will help drive revenue in the long run..
The company said same-store sales, excluding fuel, rose 1.6 percent. Analysts on average had expected a 1.65 percent increase, according to IBES data from Refinitiv. Excluding fuel and a charge related to inventory valuation, Kroger’s gross profit margin fell 91 basis points to 21.6 percent due to price cuts and higher transportation costs. The Cincinnati-based company said net income attributable to Kroger fell to $317 million, or 39 cents per share, in the third quarter ended Nov. 10, from $397 million, or 44 cents per share, a year earlier how to use cufflinks uk online.
WASHINGTON, Dec 6 (Reuters) – U.S. unit labor costs rebounded less than initially thought in the third quarter and the decline in the prior period was sharper than previously estimated, suggesting moderate growth in wage inflation. The Labor Department said on Thursday that unit labor costs, the price of labor per single unit of output, rose at a 0.9 percent annualized rate, instead of increasing at a 1.2 percent pace as reported last month how to use cufflinks uk online. Unit labor costs in the April-June period declined at a 2.8 percent rate, the largest drop since the second quarter of 2014. Unit labor costs were previously reported to have dropped at a 1.0 percent pace in the second quarter..