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EU demands Apple pay Ireland up to 13 billion euros in tax

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government after ruling that a special scheme to route profits…

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EU demands Apple pay Ireland up to 13 billion euros in tax

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U.S.-UK alliance seen outweighing Brexit trade concerns

The United States looks unlikely to follow through on a threat to relegate Britain to second-class trade status once its ally leaves the European Union, as it weighs the potential costs of undermining the countries' close diplomatic and military ties. President Barack Obama had warned ahead of Thursday's “Brexit” referendum that Britain would move to the back of the queue on U.S. trade priorities if it voted to leave the bloc, well behind…

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U.S.-UK alliance seen outweighing Brexit trade concerns

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Investor George Soros calls for reconstruction of EU after ‘Brexit’ vote

(Reuters) – Billionaire investor George Soros on Saturday called for thorough reconstruction of the European Union in order to save it, even though he warned that Britain's vote to leave the bloc makes “disintegration of the EU practically irreversible.” Soros, who warned of financial meltdown if Britain voted to leave the EU before Thursday&#…

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Investor George Soros calls for reconstruction of EU after ‘Brexit’ vote

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Google to pay $185 million UK back taxes, critics want more

Google has agreed to pay 130 million pounds ($185 million) in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners who said the “derisory” figure smacked of a “sweetheart deal”. Google, now part of Alphabet Inc , has been under pressure in recent years over its practice of channeling most profits from European clients through Ireland to Bermuda, where it pays no tax on them. In 2013, the …

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Google to pay $185 million UK back taxes, critics want more

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VW China Chief: ‘volume isn’t everything’ in contest with GM

Volkswagen AG's China chief said on Saturday he's optimistic in the company's outlook for this year, saying “volume isn't everything” in the competition with General Motors Co to lead the

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VW China Chief: ‘volume isn’t everything’ in contest with GM

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Iran oil minister says proposed OPEC emergency meeting may hurt market

Iran's oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude oil market if it made no decision to shore up falling prices. Venezuela has been calling for an emergency meeting to discuss steps to prop up prices, which are at their lowest

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Iran oil minister says proposed OPEC emergency meeting may hurt market

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