The world's major economies need to deepen cooperation on tax collection and information sharing as companies seek to minimise the amount they pay to governments, finance ministers said on Saturday.
The International Monetary Fund (IMF) cut its global growth forecasts on July 19 citing uncertainty over the economic effects of the recent Brexit vote which will see the UK leave the European Union (EU).
For the fiscal year ending on October 1, 2016, the U.S. is on track to rack up $40 billion in foreign military sales. Exports sales are down from $46.6 billion last year, according to a top Pentagon official.
Messaging app Line kicks off a dual New York-Tokyo stock listing later Thursday after one of the year's biggest initial public offerings.Here are a few things to know about the chatting service that has taken Asia by storm.What is Line?
Chinese conglomerate Wanda is in talks to buy a stake in US film studio Paramount Pictures, according to a report, marking the Asian company's latest move to expand its entertainment empire.
French political high-flyer Emmanuel Macron has enjoyed a lightning rise from the world of investment banking to the economy ministry where his maverick attitude has irked his leftist colleagues.
Spain's acting Economy Minister Luis de Guindos on Tuesday proposed hiking corporate taxes to avoid a fine from the European Commission for repeatedly failing to bring government deficits into line.
Hong Kong -
Hong Kong property tycoon Thomas Kwok was granted bail Tuesday, clearing the path to appeal his graft conviction over a high-profile cash for favours scandal. Kwok was jailed in 2014 over a series of payments totaling HK$8.5 million (US$1.
Even though the UK is not one of the biggest markets for Apple, Brexit’s impact on Apple is one of the hottest topics. Only 22 percent of Apple’s sales come from Europe, with the UK only contributing to around 3.5 percent of total sales.
Eurozone finance ministers agreed Monday to officially declare Spain and Portugal in breach of the EU public spending rules, a key step to possibly imposing unprecedented penalties against members of the currency bloc.