Many of America’s largest corporations shift a surprising portion of their profits overseas to avoid paying taxes. Even more surprisingly, that’s a legal thing to do.
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Sir John Sawers, ex-head of the Secret Intelligence Service and chairman of Macro Advisory Partners, discusses Russia, Syria, Donald Trump and the issue of free trade with Ian King.
Grant Thornton CEO Sacha Romanovitch tells Sky’s Ian King that the auditing industry should be investigated by the Competition and Markets Authority after the company announced it would no longer compete with the so-called big four – Deloitte, EY, KPMG and PWC – for audit contracts from the UK’s largest 350 companies.
As Tesco reports a full-year sales growth of 1.3% to £57.5bn, David Clarke, head of consumer retail in Europe at HSBC tells Sky’s Ian King the company’s profits are driven by an improvement in quality of the product. The company’s underlying operating profits, covering the year to 24 February, rose by 28% to £1.64bn.
Herbig Haro 901 is an immense pillar of gas and dust inside the Carina Nebula, a huge star-forming region in our galaxy. The pillar is several light-years tall and contains a few massive young stars. They shoot out powerful jets that emerge from the cloud. In some cases, the jets create bow-shock patterns similar to the effects of a ship plowing through the ocean. In the visible-light view, very few stars can be seen because the gas and dust block starlight. But in the infrared view, stars become visible and numerous. The visible-light colors emerge from the glow of different gases: oxygen (blue), hydrogen/nitrogen (green), and sulfur (red). The Carina Nebula is approximately 7,500 light years from Earth.
Video: NASA, ESA, and G. Bacon (STScI)
Image Credit: NASA, ESA, and the Hubble 20th Anniversary Team (STScI)
![HH 901: Pillars in the Carina Nebula [Ultra HD]](https://i0.wp.com/www.arab1000.com/wp-content/uploads/2018/05/hh-901-pillars-in-the-carina-nebula-ultra-hd-youtube-thumbnail.jpg?fit=640%2C480&ssl=1)
