Apple pays disputed Irish tax bill

Apple pays disputed Irish tax bill

Image copyright Getty ImagesImage caption Apple’s European headquarters in Cork city centre, southern Ireland Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland’s Finance Ministry...
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Tesla shares hit by criminal probe report

Tesla shares hit by criminal probe report

Image copyright Reuters Tesla shares have fallen after a report that the electric car-maker is facing a criminal probe. Bloomberg reported that the US Justice Department has opened a fraud inquiry triggered by Mr Musk’s tweets about de-listing the compan...
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India Post Payments Bank enters into bancassurance tie-up with Bajaj Allianz Life Insurance

India Post Payments Bank enters into bancassurance tie-up with Bajaj Allianz Life Insurance

The newly-launched India Post Payments Bank (IPPB) has tied up with Bajaj Allianz Life Insurance to sell the latter’s insurance products through their network. Under this arrangement, IPPB will be the corporate agent for the life insurance company. Accor...
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SEBI revises share buyback norms; provides clarity on public announcement

SEBI revises share buyback norms; provides clarity on public announcement

New Delhi: Markets regulator SEBI has revised the regulations for share buyback to provide more clarity on the requirement to make public announcements. The markets watchdog, separately, said credit rating agencies will not carry out any activity other than th...
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Jaguar workers put on three-day week until Christmas

Jaguar workers put on three-day week until Christmas

Image copyright JLR About 1,000 workers at Jaguar’s Castle Bromwich plant in Birmingham will move from a five-day to a three-day week from October until Christmas. Jaguar Land Rover said it was making “temporary adjustments to our production schedu...
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No-deal Brexit would hit UK economy, says IMF

No-deal Brexit would hit UK economy, says IMF

Media playback is unsupported on your device Media captionChristine Lagarde has warned that a “no-deal” Brexit would entail “substantial costs” for the UK economy The International Monetary Fund has warned that a “no-deal” B...
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Rupee tumbles 67 paise as Government moves disappoint

Rupee tumbles 67 paise as Government moves disappoint

Breaking a strong two-day relief rally, the rupee plunged 67 paise to end at 72.51 against the US dollar after the government’s confidence building measures to curb the currency volatility fell short of expectations. It had closed at a one-week...
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Over 20 lakh people join modified Jan Dhan Yojana, takes total number of account holders to 32.61 crore

Over 20 lakh people join modified Jan Dhan Yojana, takes total number of account holders to 32.61 crore

New Delhi: As many as 20 lakh people have joined the modified Pradhan Mantri Jan Dhan Yojana (PMJDY), taking the total number of account holders in the flagship financial inclusion programme to 32.61 crore as on 5 September, according to finance...
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Lib Dems call for sovereign wealth fund

Lib Dems call for sovereign wealth fund

A £100bn “citizens fund” should be created to spread the UK’s wealth more evenly, the Liberal Democrat leader Sir Vince Cable is proposing. He will tell the party’s conference it could be built up through taxes on the richest and...
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The Bezos backlash: Is ‘big philanthropy’ a charade?

The Bezos backlash: Is ‘big philanthropy’ a charade?

Image copyright Getty ImagesImage caption Amazon owner Jeff Bezos has been criticised by President Trump for paying “little or no taxes” “Great fortunes,” the American industrialist Andrew Carnegie is reported to have said, “are g...
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