France President Francois vows to strengthen business ties with Arab allies

DUBLIN: US fast-food giant McDonald’s could be facing a European Commission (EU) investigation into its tax affairs. EU competition commissioner...

Movidius to create 100 jobs in Dublin as it raises $40m in funding

DUBLIN: Irish-founded technology company Movidius is to create 100 jobs over the next three years in Ireland after it raised...

StanChart reviewing HQ shifting due to rising UK bank tax

LONDON: Standard Chartered (STAN.L) said it continued to keep its domicile under review, particularly given the likelihood Britain’s bank tax...

Royal Dutch Shell reports 56% drop in first quarter net income at $3.2b

AMSTERDAM: Refining and trading cushioned a drop in Royal Dutch Shell’s first quarter profits, which fell less than expected after...

Germany Chancellor Merkel wants EU to relax rules for its banks

BERLIN: German Chancellor Angela Merkel’s governing coalition wants the European Union to loosen rules for savings banks and cooperatives that...

Germany could face fines for endangering eurozone stability

BERLIN: If EU law were properly enforced, Germany would face fines for endangering eurozone stability and breaching the Macroeconomic Imbalance...

HM Revenue & Customs to take banks to court over tax avoidance on bonuses

LONDON: HM Revenue & Customs (HMRC) is set to take two banks to the Supreme Court over using alleged tax...

UK construction output falls to 54.2, down from 57.8 in March

LONDON: Growth in the UK’s construction output fell to its lowest level in nearly two years in April, according to...

Britian 1,000 families assets reach 112% to £547bil

KUALA LUMPUR: The richest 1,000 families in Britain now control £547bil (RM3 trillion), an increase of 112% since the financial...

Royal Dutch Shell reports 56% drop in first quarter net income at $3.2b

AMSTERDAM: Refining and trading cushioned a drop in Royal Dutch Shell’s first quarter profits, which fell less than expected after...

German labour costs exceed EU average by one-third

BERLIN: The latest numbers show labour is more expensive in Germany than in many other EU member states, especially in...

Antwerp sees year-on-year throughput rise of 5.9% to 51.02 million tonnes

BRUSSELS: Europe’s second-ranked cargo port Antwerp saw year-on-year throughput rise 5.9% during 1Q15 to 51.02 million tonnes, pushed by a...

EU donated €570m to Indonesia as RI development aid in 2014

BRUSSELS: The European Union donated upwards of €570 million (US$642.7 million) to Indonesia in 2014, according to a new report....

UK construction output falls to 54.2, down from 57.8 in March

LONDON: Growth in the UK's construction output fell to its lowest level in nearly two years in April, according to...

France PM Manuel unveils plan to allocate €2.5b for tax rebates to boost business activity

PARIS: French prime minister Manuel Valls has announced that the French government will allocate €2.5bn over five years for tax...

Germany customs seizes Biebs pet monkey

BERLIN: In the midst of spit-gate and reported antics in Europe, German customs officials reportedly seized the Biebs’ pet monkey,...

Venezuela’s Agriculture Ministry not issuing permits required to export cacao

BRUSSELS: Alejandro Prosperi, head of the Venezuelan Chamber of Cacao, explained that the Agriculture Ministry is not issuing the permits required...

DCCI organizes Belgain Partnering Event

DUBLIN: The Dublin Chamber of Commerce’s Enterprise Europe Network service is delighted to invite you to a Belgian Partnering Event....

Dublin customs seizes cannabis worth 4.5m euros