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Ferrari 'fleeing' Italy prompts debate on losing country's icons

2014-12-11 19:01:27| Industrial Machines - Topix.net

The possibility of shifting its tax residence from the iconic Maranello headquarters, where its first sports cars were built in 1947, is generating a debate in Italy about the risk of losing the country's most famous brands as the economy struggles to emerge from its longest recession. Bloomberg reported on Wednesday that Ferrari is considering moving its fiscal residence outside Italy to save on corporate taxes, according to people familiar with the matter.

Tags: italy debate icons losing

 

Nicaragua's First Billionaire Is Country's Sugar King

2014-11-06 13:05:34| Sugar Industry News

When the guerrilla army of the Sandinista National Liberation Front, led by Daniel Ortega, took over Nicaragua in 1979, one of its first acts was to seize the assets of the country's business oligarchs. One target was the Pellas family, prominent since Francisco Alfredo Pellas, who arrived in Nicaragua from Italy in 1875, got rich by producing sugar and operating steamships on Lake Nicaragua. The FSLN seized the family's real estate and its bank, Banco America, and later took over its sugar mill, the biggest business in the country, Bloomberg Markets magazine will report in its December issue.

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President Announces Countrys Top Scientists And Innovators

2014-10-14 07:20:00| Chemical Processing

President Obama named the latest recipients of the National Medal of Science and National Medal of Technology and Innovation, the nations highest honors in advancing the fields of science and technology.

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An oil drilling platform of PetroVietnam in the country's East Sea. Photo courtesy of PetroVietnam

2014-09-04 07:41:52| Oil & Gas - Topix.net

OAO Rosneft head Igor Sechin met with the chairman of Vietnam Oil & Gas Group to discuss cooperation in refining as the Russian oil producer looks at adding fields off the Asian country's southern coast. Sechin and Nguyen Xuan Son, the chairman at Vietnam Oil & Gas, met in Moscow and talked about possible joint exploration, output and refining projects, Rosneft said today in a statement on its website.

Tags: of photo east sea

 

Marcone Canada Positioned to Become the Country's Top Appliance Parts Distributor

2014-08-12 16:54:18| Appliances - Topix.net

In April, luxury appliance manufacturer Dacor also designated the parts supplier as its Canadian Tier 1 Distributor, a title given exclusively to Bolstered by infrastructure that includes groundbreaking voice-automated warehouse management, multilingual call centers, and a team of the industry's leading sales experts, region.

Tags: top canada parts distributor

 

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