Reuters

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EU aims to rule on Amazon's Luxembourg tax deal by July

The aid regulator may order the country's tax authorities to recover about 400 million euros ($448 million) in back taxes.

May 20, 2016

US, Europeans promise to clarify doing business with Iran

Despite an influx of investment into Iran from the West, uncertainty over the rules is making some firms reluctant to do business with Tehran.

May 20, 2016

Second 'Chibok girl' rescued, says Nigerian army

A Nigerian spokesperson said the girl was among 97 women and children held hostage by Boko Haram who were freed on Thursday morning.

May 20, 2016

Too costly to shut: Mine sales stumble on looming clean-ups

Where mine sales have gone ahead, production is being prolonged, adding to oversupply in depressed markets, like coal.

May 20, 2016

Bomb kills 9 Iraqi soldiers during raid in south of Baghdad

A house rigged with explosives blew up south of Baghdad during raid of Islamic State group militants.

May 19, 2016

Oil drops on surging dollar, rising US crude stocks, jump in Iran exports

Brent crude futures LCOc1 were down 87 cents, or 1.8 percent from their last settlement, trading at $48.06 per barrel.

May 19, 2016

Fed signals interest rate hike firmly on the table for June

The suggestion that a rate increase in June is firmly on the table suggests the Fed is closer to tightening monetary policy again.

May 19, 2016

Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

The FBI, authorities in Dhaka and private forensic experts are investigating the February cyber heist in Bangladesh.

May 19, 2016

Novartis splits drugs business into two, pharma chief to leave

David Epstein, the American head of Novartis Pharmaceuticals and a 27-year veteran with the group, will leave the company to "explore new challenges from the U.S.," Novartis said.

May 18, 2016

Japan brewer Asahi says it won't bid for SABMiller's East Europe assets

Instead Asahi will focus on raising sales of the Peroni, Grolsch and Meantime beer brands that it agreed to buy from SABMiller last month for $2.89 billion.

May 18, 2016

Oil prices remain near 2016 highs on global supply disruptions

International Brent crude futures LCOc1 were trading at $49.31 per barrel at 0047 GMT, 3 cents above their last settlement.

May 18, 2016

UK job vacancies fall on Brexit worries, higher minimum wage: Survey

Job openings dropped by 9 percent in April from March and were down a hefty 27 percent versus a year ago.

May 17, 2016

Oil futures hold near six-month highs as supply concerns dominate

Crude futures have rallied for most of the past two weeks from a combination of Nigerian, Venezuelan and other outages.

May 17, 2016

Aramco awards Hasbah gas expansion contract to L&T and Emas AMC

Work on the expansion scheme includes building platforms and pipelines, with the field's supply feeding the Fadhili gas plant.

May 17, 2016

Australian police raid properties connected to Islamic State sailing group

The men, aged between 21 and 31, were charged on Saturday with preparing to enter a foreign country "for the purpose of engaging in hostile activities".

May 17, 2016