Business

Plans for a major rewriting of international tax rules unveiled on Tuesday could eliminate structures that have allowed companies like Google Inc (GOOGL.O) and Amazon.com Inc (AMZN.O) to shave billions of dollars off their tax bills. The Organisation for Economic...

BEVERLY HILLS, September 15, (THEWILL) - The South African Revenue Service (SARS) has seized $9.3 million cash from two Nigerians and an Israeli at the Lanseria Airport in Johannesburg after they arrived on a private jet from Abuja, Nigeria’s capital. A...

Yahoo (YHOO.O) was the most traded stock on the Nasdaq in premarket action on Monday as traders looked for ways to step in front of Alibaba Group's (IPO-BABA.N) debut, expected on the NYSE later this week. Alibaba's could be the...

Two prominent U.S. hospitals are preparing to launch trials with diabetics and chronic disease patients using Apple Inc's (AAPL.O) HealthKit, offering a glimpse of how the iPhone maker's ambitious take on healthcare will work in practice. HealthKit, which is still...

Pilots at Franco-Dutch airline Air France-KLM (AIRF.PA) began a one-week strike at the French arm of the business over plans to cut costs, halting more than half of its flights on Monday and sending the group's shares down more...

Beneath the low beams of a converted warehouse in Amsterdam lives a company with many of the attributes of a Silicon Valley startup, except that at less than a year old it has zero venture capital and says it...

Dutch brewer Heineken HEIN.AS said on Sunday it was approached by larger rival SABMiller SAB.L about a potential takeover but that its controlling shareholder intended to keep the company independent. The maker of Heineken and Amstel beers said it consulted...

The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for its intervention in Ukraine. The sanctions, coordinated with similar...

Microsoft’s impending purchase of Mojang, the Swedish developer with 100 million players of its open world Minecraft game, is more aimed at pulling users onto the software company's obscure mobile platform than its better known PC system or Xbox...

The Brazilian government is assessing whether to cut its most closely watched fiscal target in 2014 because revenues came in worse than expected and onetime expenditures climbed, Treasury chief Arno Augustin told Reuters on Friday. This is the first time...