Google, Amazon and other multinational corporations will be banned from shifting profits around the world, in terms of a tax crackdown announced by world leaders yesterday.

LONDON - London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said.

The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a �1m pay cut to become the new Bank of England Governor's top enforcer.

A call centre made famous by a BBC reality TV series has been fined �225,000 for harassing families with nuisance calls. The BBC has portrayed the company's millionaire boss 'Big Nev' Wilshire as a lovable rogue, a consumer champion and even a hero.

Liberty Global is structuring a bid for Germany's largest cable group that offers assets instead of cash in the hope of overcoming regulatory opposition to its proposed �7.5bn putative bid for Kabel Deutschland.