Latest in EU Closes Amazon, Starbucks and Fiat Probes on Tax Rulings
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EU Closes Amazon, Starbucks and Fiat Probes on Tax Rulings
The decision ends three of the EU competition regulator’s attempts to crack down on international companies’ tax deals.Business - The Wall Street Journal - Yesterday -
HMRC to hand back £700mn to top UK companies after EU tax ruling
London Stock Exchange Group, Pearson and ITV stand to gain from European court decisionBusiness - Financial Times - November 10 -
PwC accused of interfering in Australian tax leaks probe
Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permissionBusiness - Financial Times - November 1 -
Netflix Europe offices raided in tax fraud probe
The raid is part of an investigation in France and the Netherlands that began in November 2022.Top stories - BBC News - November 5 -
How are the inheritance tax rules changing?
Chancellor Rachel Reeves has announced a series of changes to the way inheritance tax works.Top stories - BBC News - November 19 -
Germany stumbles on fiscal rules it championed for EU
Brussels calls out some fiscal hawks for veering from bloc’s spending limits for member statesWorld - Financial Times - 3 days ago -
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Temu Faces EU Probe Over Failure to Stop Illegal Sales
The European Commission, the EU’s executive arm, said it had opened formal proceedings against the Chinese e-commerce platform to assess whether it may have breached Europe’s digital services ...Business - The Wall Street Journal - October 31 -
EU threatens TikTok with probe over role in Romanian elections
Bucharest lodges complaint after far-right candidate who went viral on Chinese platform topped presidential voteWorld - Financial Times - 2 days ago -
Netflix offices raided in Paris and Amsterdam over tax probe
French and Dutch authorities swoop in long-running investigationBusiness - Financial Times - November 5 -
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UK ‘falling behind’ on sewage pollution regulation while EU tightens rules
EU member states agree to update urban waste water treatment directive. The UK is falling further behind on sewage pollution regulation as the EU tightens its rules to clean up Europe’s waterways, ...World - The Guardian - November 6 -
Bluesky breaching rules around disclosure of information, says EU
Social media platform that has grown in exodus from Elon Musk’s X is accused of not declaring user numbersWorld - Financial Times - 4 days ago -
EU fines Pierre Cardin and licensee for breaking competition rules
Companies curbed cross-border sales of branded clothing, says European CommissionWorld - Financial Times - Yesterday -
EU Drops Probe of Apple's Treatment of Rival Audiobook, Ebook Developers in App Store
The European Commission said it dropped a probe that began in 2020 after a rival developer withdrew its own complaint.Tech - The Wall Street Journal - November 22 -
Warning tax rises could force care homes to close
Social care providers say the sector is in "unprecedented danger" without more funding.Top stories - BBC News - October 31 -
Left-wing opposition candidate wins tight presidential election in Uruguay
Uruguay’s leftist opposition candidate, Yamandú Orsi, has claimed victory in a tight runoff presidential election that ousted the conservative governing coalitionWorld - ABC News - 4 days ago -
Vauxhall owner Stellantis blames EV rules for plan to close UK van factory
About 1,100 jobs at risk as carmaker says government mandate played a ‘significant role’Business - Financial Times - 3 days ago -
Italy arrests dozens over €520mn ‘mafia tax fraud’
Luxury cars and boats among items seized over widespread VAT fraud scheme, says European prosecutorWorld - Financial Times - November 14 -
Denmark launches landmark framework for using AI under EU rules — with Microsoft backing
Denmark unveiled a blueprint on how to use generative AI in the corporate world to help firms get into compliance with strict new regulation from the EU.Business - CNBC - November 13 -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
Badenoch suggests final Tory migration policy would be more radical than leaving European convention on human rights – UK politics live
Conservative leader says there needs to be a ‘plan not just a promise’ beyond leaving the ECHR. William Hague has achieved a rare Tory election victory; he has won the contest to be Oxford ...World - The Guardian - 2 days ago -
Polls close in Uruguay’s presidential runoff, with ruling coalition and opposition headed for photo finish
Polls close in Uruguay’s presidential runoff, with ruling coalition and opposition headed for photo finishWorld - ABC News - 5 days ago -
Zelenskyy welcomes US decision to give landmines to Ukraine amid criticism from aid groups – Russia-Ukraine war live
Ukrainian president hails mines as important part of arsenal in statement; aid groups condemn ‘unethical’ decision, saying mines risk harming civilians. In a television interview in France, foreign ...World - The Guardian - November 20 -
‘Insider Threats’ to the Election, and Starbucks’ 4-Minute Goal
Plus, the Harris campaign sidelines BidenTop stories - The New York Times - October 31 -
Starbucks app goes down, customers complain
The app crashed the same day Starbucks introduced its holiday menu, preventing customers from placing mobile orders.Top stories - CBS News - November 8 -
Starbucks has been outclassed by local rivals in China
Coffee giant would benefit from a helping hand from a local partnerWorld - Financial Times - 4 days ago -
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.Top stories - CBS News - 4 days ago -
Starbucks Among Companies Affected by Ransomware Attack
Blue Yonder, which provides supply chain management software for thousands of companies, said a cyberattack had disrupted some services.Business - The New York Times - 2 days ago -
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U.K. to Review Merger Probes Approach
The U.K.’s competition regulator plans to review how it inspects big mergers and whether more can be cleared without forcing businesses to sell assets.Business - The Wall Street Journal - November 21 -
Thales Faces Bribery, Corruption Probe
Thales shares fell after French and British authorities launched a joint investigation into suspected bribery and corruption at the aerospace and defense group.Business - The Wall Street Journal - November 22 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks is planning to bring back Sharpies and ceramic mugs and cut back its menu.Business - CNBC - October 31 -
Starbucks' plan to return to its roots involves 200,000 Sharpies
Starbucks CEO Brian Niccol is betting that more personal touches in its cafes will win back customers.Business - CNBC - October 31 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday.Top stories - NBC News - October 31