European Commission

EU Resumed Investigation on Halliburton and Baker Hughes Deal

European Union antitrust regulator resumed its review on the takeover of Baker Hughes by Halliburton. European Commission plan to reach decision in August whether to approve or veto the deal.

European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes

The European Commission ruled that Starbucks and Fiat Chrysler had benefitted from illegal tax deals with Dutch and Luxembourg authorities dealing a heavy blow to similar tax arrangements used by many MNCs and have ordered both Governments to recover back taxes from the US coffee chain and Italian-US carmaker.

Starbucks and Fiat are required to pay back millions in taxes to Dutch and Luxembourg Government

The European Commission agreed that both Starbucks and Fiat have been benefiting under illegal tax system. Based on the new ruling, more corporation are expected to be under investigation soon.

All eyes on talks over bailout plan for Greece

Amidst threats from partymates, Greece's prime minister Alexis Tsipiras will hold negotiations with creditors on Tuesday over a third bailout plan.

Disconnect.Me Files Antitrust Case against Google; Google dismissed the allegation as baseless, but is it?

Disconnect.Me filed antitrust complaint against Google after the giant Android company had again banned its recent mobile app, the Disconnect Mobile. The app blocks both malware and invisible trackers that can access personal information and Internet activities of users guised as ads. For Disconnect.Me, this is a step to restoring our right to privacy; but for Google, it is preventing online businesses from gaining revenues through advertisements.

Draghi And Lagarde Head To Berlin For Talks On Greek Debt: Leaders Of France And Germany Make Statement To Media Prior To Meeting; Doubts Greece Ability To Meet Financial Obligations?

ECB Chief Mario Draghi and IMF Head Christine Lagarde joined the unplanned late-night mini summit of German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker. The goal of the said talk is to resolve Greek crisis.

Greek Exit Can Damage Trust, Warns EU's Juncker

EU's Juncker warns that Greek exit from the euro zone could damage trust in the single currency. This could provoke international investors to pull out of Europe.

Latest Stories

Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

Must Read

Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?

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