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Cash Management
1 Out of 3 Companies Increased Cash Holdings: Weekly Stat
Operating cash flows boosted many balance sheets in the 12 months ending March, but that will be harder to do this quarter.
By
Vincent Ryan
| July 6, 2022
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European Commission
Tax
EU Moves to Close Profit-Shifting Tax Loophole
The European Parliamentary Research Service has estimated that corporate tax-dodging costs the EU between $54.5 billion and $76.4 billion a year.
By
Matthew Heller
| January 29, 2016
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Strategy
Halliburton Pushing to Keep Baker-Hughes Deal Alive
The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.
By
Matthew Heller
| January 25, 2016
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Tax
EU Finds Belgian ‘Excess Profit’ Tax Break Illegal
The decision requires Belgium to recover about $762 million from at least 35 multinationals that benefited from the tax loophole.
By
Matthew Heller
| January 11, 2016
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Tax
Apple Settles Italian Tax Probe for $350M
Investigators reportedly found a $961 million gap between Apple's sales in Italy over a five-year period and what it paid in tax.
By
Katie Kuehner-Hebert
| December 30, 2015
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Technology
Apple Adds Jobs in Ireland as Tax Ruling Looms
CEO TIm Cook affirms Apple's commitment to Ireland, where the company is expanding its Cork campus to accommodate a growing workforce.
By
Katie Kuehner-Hebert
| November 11, 2015
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Tax
EU Finds Tax Breaks for Starbucks, Fiat Illegal
The unprecedented decisions could spell trouble for other multinationals that have made deals with European governments as part of tax avoidance strategies.
By
Matthew Heller
| October 21, 2015
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Strategy
EU Opens Probe of Staples’ Deal for Office Depot
With U.S. regulators close to a decision on the merger, it now faces an in-depth antitrust review by the European Commission.
By
Katie Kuehner-Hebert
| September 25, 2015
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Technology
Google Denies Search Results Anti-Competitive
'We believe that Google increases choice for European consumers and offers valuable opportunities for businesses of all sizes,' says a Google executive.
By
Matthew Heller
| August 28, 2015
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Technology
EU Investigating Qualcomm for Violating Antitrust Rules
Did the maker of smartphone and tablet chipsets abuse its dominant market position?
By
Katie Kuehner-Hebert
| July 16, 2015
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Global Business
EC Stands Behind IASB Accounting Rules
Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.
By
Katie Kuehner-Hebert
| June 22, 2015
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Strategy
EU Opens Antitrust Probe of Amazon
The European Commission is looking into whether Amazon has abused its dominant position in the European e-book market.
By
Matthew Heller
| June 15, 2015
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The Cloud
EU Favoring Broad Scope for Cyber Attack Rules
Euro bloc's executive body wants search engines and social networks to be covered by new disclosure regulations.
By
Katie Kuehner-Hebert
| June 5, 2015
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Tax
EU to Propose Single System for Computing Tax
The proposed common corporate tax base for companies operating in the European Union is intended to reduce tax avoidance.
By
Matthew Heller
| May 28, 2015
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Risk Management
EC Could Force Apple to Pay Scads of Back Taxes to Ireland
f If the European Commission rules against Ireland's 1991 tax deal, Apple may have to pay back a “material” amount of back taxes.
By
Katie Kuehner-Hebert
| April 30, 2015
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The Economy
Greece Orders Seizure of Local Government Cash
The country's public-sector entities are forced to remove their cash reserves from commercial banks.
By
Matthew Heller
| April 21, 2015
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