David Karp, Tumblr's chief executive, will likely face a big tax bill as a Stephen Chernin/ReutersDavid Karp, Tumblr's chief executive, will likely face a big tax bill as a result of the Yahoo sale.

The FTSE 100 index edged to its highest close in 12 years yesterday as banks and budget airlines made up for weakness in the mining sector.

The U.S. Senate gets a high-profile visitor this week as Apple CEO Tim Cook will press Congress to simplify corporate tax rates. Marketwatch's Robert Schroeder explains.

The bosses of some of Britain's largest multinational corporations have urged David Cameron to stop moralising and rein in his rhetoric on tax avoidance ahead of a G8 summit next month.

The developers of Battersea Power Station broke through the $1bn (�660m) sales barrier yesterday amid �phenomenal� interest in new flats and townhouses at the London landmark.

Ryanair chief executive Michael O'Leary has consistently criticised the Dublin Airport Authority and its predecessor, Aer Rianta, over high charges and aimed a number of broadsides at it and the Department of Transport in its 2012 results statement.

OUTSOURCING specialist Mitie yesterday revealed that closing down its mechanical and electrical (M&E) engineering contracts arm will cost it �22.1 million.

The wealthy district of Elmbridge in Surrey, just off the M25, paid more in tax in 2010/11 than Google did - 200 times more. This leafy haven for high-net-worth individuals - Gary Lineker and Cliff Richard live there - paid a total of �1.18bn in income tax, which ...

Two out of three families are resorting to a 'staycation' this summer as the squeeze on household budgets makes foreign holidays unaffordable, a study has found.

To the uninitiated, there may not seem to be much difference between a salmon reared in Loch Fyne or the Hebrides. Yet, J Sainsbury was on Monday forced to apologise for mixing up the two areas of western Scotland in a labelling error that highlights ...