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This week in soft drinks & bottled water, featuring India's sugar tax threat, Coca-Cola Co's crucial year and PepsiCo's upbeat Q1 in North America

2016-04-22 16:57:00| Daily beverage news and comment - from just-drinks.com

Here's a round-up of this week's top stories in the global soft drinks & bottled water categories. We also have similar round-ups for beer & cider and spirits & wine.

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Carbon tax key in stopping pollution

2016-04-22 14:08:01| Climate Ark Climate Change & Global Warming Newsfeed

Observer: Spring is the most beautiful season in the Carolinas cool nights and mild days, colored with dogwoods, redbuds and azaleas. Just dont count on your grandchildren enjoying the same beauty. We think of nature as immutable, but the fossil record shows that the earths environment is very fragile. Perhaps the era of beautiful Carolina springs was changing anyway, but it was changing at an evolutionary pace. Industrialization has significantly accelerated that flux and has launched us into an unprecedented...

Tags: key tax carbon pollution

 
 

North Sea tax receipts slump to 35m

2016-04-22 12:24:46| BBC News | Business | UK Edition

Tax receipts from offshore oil and gas came to only 35m in the last financial year, according to figures from HM Revenue and Customs.

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Microsoft Q3 pulled down by higher tax, weak software sales

2016-04-22 10:05:00| Telecompaper Headlines

(Telecompaper) Microsoft said revenues for its third quarter to end March fell to USD 20.53 billion from 21.72 billion, with the operating profit going down to to USD 5.28 billion from 6.59 billion, its net profit sliding to USD 3.75 billion from 4.98 billion and earnings per share falling to USD 0.47 from 0.61. CEO Satya Nadella said the company is seeing momentum across its cloud services and with Windows 10. Results were hurt however by higher tax expenses due to the changing mix of revenue across geographies, as well as between cloud services and software licensing. CFO Amy Hood said results are being hurt by weakness in one-time purchases of software, Bloomberg reported.

Tags: software sales higher tax

 

Wozniak: Apple should pay more tax

2016-04-22 01:08:03| BBC News | Business | UK Edition

All companies, including Apple, should pay a 50% tax rate, Apple co-founder Steve Wozniak says.

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