Economy News

EU orders Netherlands to recover $34m from Starbucks

The European Commission ruled on Wednesday (21 October) that Starbucks and Fiat benefited from illegal tax deals with the Dutch and Luxembourg governments, in cases with major implications for the taxation of multinational companies. Oct 21, 2015

Xi Jinping hails UK-China friendship at Buckingham Palace banquet

Chinese President Xi Jinping kicked off his first state visit to the UK by hailing the friendship between the two countries, which he expects to hit a new height. At a Buckingham Palace banquet, Xi said China and Britain were partners who had the same goals and vision and paid tribute to their alliance during World War II. Oct 21, 2015
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