Apple has called for US corporate tax rates to be slashed after it admitted sheltering at least $30bn (�20bn) of international profits in Irish subsidiaries that pay no tax at all.

The incoming governor of the Bank of England has warned Europe it must make "sustained and significant reforms" if it is to avoid a Japanese-style lost decade caused by austerity measures.

The company, Britain's biggest clothing retailer, says it plans to add no extra space for general merchandise in the UK from 2016 as it refocuses spending on its digital operations.

Proposals to clamp down on bankers' pay by limiting bonuses to 100% of salary will capture many more staff than are covered by current pay codes, a top banking regulator has said as it publishes proposals on how to implement the European Union's bonus ...

By Leila Lemghalef. MONTREAL | Tue May 21, 2013 8:58pm BST. MONTREAL (Reuters) - The next head of the Bank of England, Mark Carney, agreed on Tuesday with current Governor Mervyn King that the Bank could not be run as a one-man show.

Fiat Industrial aims to move its tax residency to the UK from Italy after a merger with US business CNH to take advantage of a lighter fiscal regime, according to a regulatory filing.

LONDON�Burberry Group PLC showed further signs of recovery following a midyear profit warning, as it reported a rise in full-year revenue on Tuesday.

Vodafone is to plough back a �2.1bn dividend from US telecoms group Verizon into its business rather than offer shareholders a windfall, after the UK mobile operator reported its biggest annual fall in service revenues in five years.

Scotland can "more than afford' to be a successful independent country, its first minister has said. Alex Salmond was speaking as he launched a paper outlining the nation's key economic strengths.

Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.