Apple says $14 billion EU tax order ‘defies reality, common sense’
The European Union’s order for Apple to pay 13 billion euros ($14 billion) in back taxes to Ireland “defies reality and common sense,” the U.S. company said on Tuesday, as it…
U.S, Chinese trade deputy talks to start on Thursday
Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative’s office said, paving the way for high-level talks in October aimed at resolving a…
UAE official: Saudi Aramco attacks are a dangerous escalation
UAE Minister of State for Foreign Affairs Anwar Gargash Attacks on oil plants in Saudi Arabia are a dangerous escalation and the international community should stand by Riyadh and…
OPEC assessing impact on oil market after Saudi facilities attack, says too early for any action
OPEC is assessing the impact on the oil market from attacks on Saudi Arabian facilities and says it is too early for members to take any action on raising output…
We assume that shutting down Saudi refineries will not have lasting effect on global oil supply- Germany
The German government said on Monday its supply of oil was not affected by attacks at the weekend against Saudi refineries and any decision to release strategic reserves needed to…
European stocks suffer from Saudi attacks, but oil firms soar
European shares fell on Monday after four straight sessions of gains as attacks on crude facilities in Saudi Arabia and weak Chinese data added to worries over global growth while…
Oil surges after attack on Saudi oil facilities shuts in 5% of global supply
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday…
Global regulators to question Facebook’s Libra amid EU concerns – Paper
Global regulators will question Facebook on Monday about its Libra crypto currency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial…
Companies ask judge in U.S. opioid trial to recuse himself
Major drug wholesalers and retailers facing a massive lawsuit for allegedly fostering the nation’s opioid crisis asked the judge hearing the case to recuse himself on Saturday. The companies argued…
UAE regulator not optimistic on Boeing 737 MAX return this year
The head of the United Arab Emirates’ General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to operations this year and…