Business

EU Finance Ministers To Discuss How To Make Tax Policy More Evenhanded

European Union countries should better coordinate tax rules to avoid hitting corporations too hard, the Slovak presidency of the European Union proposed, in an effort to provide more balance to an EU campaign against tax avoidance by multinational companies. The...

G20 A Success For China, But Hard Issues Kicked Down The Road

China is lauding its successful hosting of the G20 summit in scenic Hangzhou, with open confrontation largely avoided and broad consensus reached over the fragile state of the global economy and the need for a wide range of policies...

Macau Approves 150 Tables For New Sands Casino Resort

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Macau casino operator Sands China Ltd (1928.HK) said on Monday the government has granted 150 gaming tables for its $3 billion casino resort, a figure analysts said will be sufficient to support its revenues in the world's biggest casino...

Obama Says Countries Must Move In Concert On Tax Avoidance

U.S. President Barack Obama said on Monday that the United States had to move in concert with other countries on the issue of tax avoidance, as some U.S. allies were "racing to the bottom" with their tax policies. The European...

EU Seeks To Coordinate Consumer Action Against Volkswagen Over Dieselgate

The European Commission will meet consumer groups this week to make sure they are doing enough to seek compensation for European drivers affected by Volkswagen's (VOWG_p.DE) cheating of diesel emissions tests. Consumer Commissioner Vera Jourova told a news conference on...

Naira Gains Against Dollar In Forex Markets

SAN FRANCISCO, August 02, (THEWILL) - The Naira Friday appreciated against the dollar in all the segments of the Forex market, the News Agency of Nigeria (NAN), reports. The Nigerian currency exchanged at N422 to the dollar, gaining 3 points...

Samsung Unveils Bigger Gear S3 Smartwatches

Samsung Electronics unveiled two new smartwatches on Wednesday which boast a range of digital features while also promising up to four days of battery life, seeking to outshine the Apple Watch. The world's biggest maker of consumer electronic products introduced...

Irish Cabinet Delays Decision On Apple Tax Appeal

Ireland's cabinet could not agree on Wednesday whether to fight a European Commission ruling against Dublin's tax dealings with Apple (AAPL.O), raising questions over any appeal and the government's stability. Finance Minister Michael Noonan has insisted Dublin would appeal any...

Cloud Management Company Box’s Quarterly Revenue Jumps 30 Percent

Cloud management company Box Inc's (BOX.N) quarterly revenue jumped 30.3 percent as the company added customers. Its net loss narrowed to $38.1 million, or 30 cents per share, in the second quarter ended July 31 from $50.2 million, or 42...

Amazon Dash One-Button Device Arrives In Britain

Seeking to capitalize on Britons too busy or forgetful to shop for household essentials, retail giant Amazon is bringing its thumb-sized, one-button ordering device to the UK. From Wednesday, British Amazon Prime customers will be able to order supplies of...