First – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 07 Feb 2019 11:29:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 Saudi Arabia launces its first satellite https://www.muhasebenews.com/en/saudi-arabia-launces-its-first-satellite/ https://www.muhasebenews.com/en/saudi-arabia-launces-its-first-satellite/#respond Thu, 07 Feb 2019 11:29:27 +0000 https://www.muhasebenews.com/?p=46189 Saudi Arabia launched its first satellite SGS1 from French Guiana in South America.

SGS1 is the first satellite to be sent in 2019.

The satellite will provide high-speed Ka-Band satellite communication and advance technology telecommunications services,  contribute to the national strategic plan by fulfilling the needs of Saudi Arabia.

 

 

 

 

 


Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


]]>
https://www.muhasebenews.com/en/saudi-arabia-launces-its-first-satellite/feed/ 0
Apple faces the first decline in revenues and profits in a decade https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/ https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/#respond Wed, 30 Jan 2019 14:10:29 +0000 https://www.muhasebenews.com/?p=45386 Apple’s latest scandal regarding a FaceTime bug that enables people to listen to you even if you don’t pick up the call had serious consequences for the company.

Apple announced on Tuesday that the company experienced its first decline in revenues and profits in a decade.

The decrease in iPhone sales and problems in China led to 4,5% decrease in revenue in the week of 29 December, compared to the same period last year.

Profits declined to $19,97 billion.

Revenues from China have decreased to $13,17 billion, $5 billion less than the previous year.

The company stated on January 3rd that it was expecting a decrease in sales due to the economic recession in China.

The warning came as the first ever since the release of iPhone, causing the company to lose $55 billion in value.

Company’s share value increased by 6% in the first 6 hours of trading.

It turned out that analysts’ were right on their forecasts.

On the other hand, Apple’s revenues were higher than expected.

 

 

 

 

 


Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


]]>
https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/feed/ 0
Shell Becomes First Energy Company To Link Executive Pay To Carbon Emissions https://www.muhasebenews.com/en/shell-becomes-first-energy-company-to-link-executive-pay-to-carbon-emissions/ https://www.muhasebenews.com/en/shell-becomes-first-energy-company-to-link-executive-pay-to-carbon-emissions/#respond Tue, 04 Dec 2018 16:30:39 +0000 https://www.muhasebenews.com/?p=40885 On Monday, Royal Dutch Shell set out plans to introduce industry-leading carbon emissions targets linked to executive pay.

The move comes as governments meet in Poland for a United Nations-hosted conference to lay out a “rule book” to implement the 2015 Paris climate accord.

The 2015 Paris climate accord set goals to phase out fossil fuel use this century, shift towards cleaner energies and help to limit global warming.

Shell’s targets will be introduced in 2020 and they will be more extensive with inclusion of the ‘Scope 3’ emissions from the burning of fuels sold to millions of customers around the world, the company said.

Sacha Sadan, director of corporate governance at Shell investor Legal and General, said: “It is a very strong message from the world’s second-largest oil company. As investors, we will go to other companies about what they can do. Shell are showing that it is hard but doable.”

Shell did not specify any targets on Monday.

But the company plans to link targets and other measures to its executive remuneration policy.

The revised policy will be put to shareholders for approval at its annual meeting in 2020.

Rivals BP and Total have already set short-term targets on reducing carbon dioxide emissions, but these are limited to their own operations.


 Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]>
https://www.muhasebenews.com/en/shell-becomes-first-energy-company-to-link-executive-pay-to-carbon-emissions/feed/ 0