With an intention to safeguard cultural from getting influenced from market forces and foreign competition, the French government is considering to introduce 1% tax on the sale of smart phones as well as tablets so as to fund French film, music and images. If this proposal got introduced, the estimated collection of funds will be of 86 million Euros (£73m).
The General Motors Co. stated on Monday that it will be spending an amount of $258 million for developing and aiding advance data center at its Milford Proving Ground in Milford Township. It will be backing up the new data center at the Warren Tech Center.
The unexpected advancement in the sales at the U. S. retailers has assisted in easing up the concern of a sustained pullback in consumer expenditure which will result in suffocation to the economy.
The 0.1 percent of profit was succeeded by 0.5 percent short fall in the month of March. The figures were derived from the records of the Commerce Department in Washington.
Recent updates from Postal Service say that there has been a net loss of $1.9 billion in the second quarter. This ended on March 31. There was a loss of$1.3 billion in the previous quarter. This was the time when holiday shopping and huge spending on political advertising during the 2012 election aided the agency.
As per recent reports, Japan's currency Yen has touched 101.98 in comparison to the dollar. It is considered to be the weakest number since October 2008.
In addition, it has been revealed that the Yen has declined by 2.7% against the dollar amounting to 101.62. If to talk about the Yen against euro, it has been found that Yen has declined by 1.7% amounting to 132 per euro.
Japan based electronics major Panasonic has reported $7.5 billion loss in its full year report. The company has expressed the possibility of returning to profit next year.
If it is deemed, according to the firm IDC's new data, that PC shipments had fallen by some 14% in this year's first quarter, it would be found that PCs are in big trouble.
A recent report has claimed that the decline noted is, seemingly, the sharpest ever in sales of personal computers. The firm had begun to track the industry in the year 1994 and such a big decline has never been reported.