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Ireland now needs to decide what it will do with 13 billion euros in back taxes from Apple

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Shoppers on Wicklow Street in Dublin, Ireland, on Thursday, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesA landmark ruling from the European Union's top...
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E.U. Top Court Rules That Apple Must Pay Billions In Back Taxes

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The European Union's top court has issued a final ruling in an ongoing legal battle over tax benefits, finding that Apple must pay billions...
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Reeves announces £8bn UK investment by Amazon’s cloud computing arm

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Amazon’s cloud computing arm will invest £8bn in the UK to build datacentres that support customers in London and the west of England, Rachel...
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AWS plans to invest £8 billion in the UK, supporting 14,000 jobs annually in local businesses

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Amazon Web Services (AWS) plans to invest £8 billion over the next five years (2024-2028) building, operating, and maintaining data centres in the UK....
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Rupert Murdoch-owned firm REA makes £5.6bn offer for Rightmove

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REA, the Australian property company majority-owned by Rupert Murdoch’s News Corp, has made a £5.6bn offer for Rightmove, the UK’s biggest online real-estate portal.The...
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After 155 years, the Campbell Soup company is changing its name | CNN Business

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BMW braking system recall of 1.5M cars contributes to auto maker’s decision to cut back 2024 outlook

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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking...
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British steel industry braces for 2,500 job cuts at Port Talbot in government deal

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The British steel industry is braced for 2,500 job cuts at the Port Talbot steelworks, with thousands more jobs at risk in the UK,...
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BMW shares fall to four-year low as recall of 1.5m cars announced

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Shares in BMW tumbled as the carmaker revealed it will have to recall 1.5m vehicles over a braking problem, costing it almost €1bn (£0.84bn).The...
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Scottish investment giant faces huge challenges under new chief executive

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The performance of the former investment banker will be followed closely in Scotland. Abrdn employs more than 1,800 people in the country...
Bussiness

How Rachel Reeves may be about to raise £20billion a year

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Inheritance tax, capital gains tax and employer National Insurance reforms would raise more than £20billion per year, while still passing a “triple tax test”...
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Winter fuel cuts to go ahead after government wins Commons vote

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Millions of pensioners are set to lose winter fuel payments this year after an attempt to block the cuts failed in Parliament.The government won...
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