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Republicans debating remedies for corporate tax avoidance

Republicans debating remedies for corporate tax avoidance

Published 18/06/2017

U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts

President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.

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ECB`s bond buys` impact on inflation disappointing: Knot

ECB`s bond buys` impact on inflation disappointing: Knot

Published 14/06/2017

FILE PHOTO: A huge Euro logo is pictured by the headquarters of the European Central Bank (ECB) in Frankfurt, September 29, 2011. REUTERS/Ralph Orlowski/File Photo

The impact of the European Central Bank's 2.3 trillion asset purchase program on inflation has been disappointing, Dutch central bank chief Klaas Knot, a long-time critic of the bond buying scheme, said on Wednesday.

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European shares get tech support, Hexagon soars on M&A talk

European shares get tech support, Hexagon soars on M&A talk

Published 14/06/2017

FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS/Suzanne Plunkett/File Photo

Recovering technology stocks gave European shares another leg up on Wednesday, while deal chatter sent Sweden's Hexagon soaring to a record high.

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Euro zone yields drop as ECB shuns taper talk

Euro zone yields drop as ECB shuns taper talk

Published 08/06/2017

European Central Bank President Mario Draghi listens during a news conference following the Governing Council meeting in Tallinn, Estonia, June 8, 2017. REUTERS/Ints Kalnins

Euro zone bond yields hit multi-month lows and the euro dipped below $1.12 on Thursday after the European Central Bank cut its forecasts for inflation and said policymakers had not discussed scaling back its massive bond-buying program.

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Exclusive: Loophole allows Uber to avoid UK tax, undercut rivals

Exclusive: Loophole allows Uber to avoid UK tax, undercut rivals

Published 07/06/2017

FILE PHOTO - A man arrives at the Uber offices in Queens, New York, U.S. on February 2, 2017. REUTERS/Brendan McDermid/File Photo

Car service Uber is using a gap in EU and UK tax rules to avoid incurring sales tax on the booking fees it charges drivers in Britain, a practice a senior politician said was unfair to competitors and defied the intent of the law.

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Britain`s Heathrow says BA still experiencing some disruptions

Britain`s Heathrow says BA still experiencing some disruptions

Published 29/05/2017

People wait with their luggage at the British Airways check in desks at Heathrow Terminal 5 in London, Britain May 28, 2017. REUTERS/Neil Hall

London's Heathrow Airport said early on Monday that there were still some disruptions to British Airways (ICAG.L) flights from the airport following a global computer system failure at the airline.

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BA cancels flights from London as global IT outage causes chaos

BA cancels flights from London as global IT outage causes chaos

Published 27/05/2017

People wait with their luggage at Heathrow Terminal 5 in London, Britain May 27, 2017. REUTERS/Neil Hall

British Airways canceled all its flights from London's two biggest airports on Saturday after a global computer system failure caused confusion and chaos, with thousands of passengers queuing for hours and planes left stuck on runways.

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BA CEO Cruz says power supply issue caused global IT failure

BA CEO Cruz says power supply issue caused global IT failure

Published 27/05/2017

Alex Cruz, Chairman and Chief Executive of British Airways attends The British Air Transport Association (BATA) Annual Lecture in London, Britain October 12, 2016. REUTERS/Stefan Wermuth

British Airways said a power supply issue was to blame for a global computer system failure which sowed confusion and chaos at London's two biggest airports, with thousands of passengers queuing for hours and planes left stuck on runways.

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British Airways says no evidence global IT outage caused by cyber attack

British Airways says no evidence global IT outage caused by cyber attack

Published 27/05/2017

British Airways said on Saturday there was no evidence that a global breakdown of its IT systems had been caused by a cyber attack.

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British Airways cancels all scheduled flights from London`s Heathrow, Gatwick airports on Saturday

British Airways cancels all scheduled flights from London`s Heathrow, Gatwick airports on Saturday

Published 27/05/2017

British Airways (ICAG.L) said it had canceled all flights from London's Heathrow and Gatwick airports on Saturday following a global IT system failure.

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