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How the oil collapse stole Russia’s Christmas

January 11, 2016 by · Leave a Comment 

LONDON/MOSCOW (Reuters) – A plunge in the oil price to 12-year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies

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How the oil collapse stole Russia’s Christmas

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EU questions McDonald’s tax deals with Luxembourg

December 3, 2015 by · Leave a Comment 

EU antitrust regulators will investigate McDonald's tax deals with Luxembourg which enabled the U.S. fastfood chain to escape paying taxes on European franchise royalties from 2009, in a move which could lead to hefty back taxes for the company. The action by the European Commission comes two months after it ordered Luxembourg to recover up to 30 million euros ($31.7 million) from Fiat Chrysler Automobiles and the Dutch to do the same for Starbucks because their tax deals…

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EU questions McDonald’s tax deals with Luxembourg

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