The European commission has been dealt a major blow in its battle to stop EU member states granting sweetheart tax deals to multinational corporations after the bloc’s general court ruled that Apple did not need to pay €13bn (£11.7bn) in back taxes to the Irish [...]

Shares in Boohoo dived nearly 18% on Monday on concerns that revelations about poor conditions in Leicester garment factories might hit sales growth and increase [...]

The chief executive of BT has said it would be “impossible” to strip Huawei products out of the UK’s telecommunications network within the next [...]

One of Boohoo’s largest shareholders has sold the majority of its stake in the online fashion retailer, saying the company’s response to reports of poor working conditions in its supply chain had been [...]

Deutsche Bank has admitted it made a “critical mistake” taking on the registered sex offender Jeffrey Epstein as a client, and agreed to pay a $150m fine to settle New York charges over its dealings with the late disgraced financier and two other [...]

Luton Airport is to make up to 250 staff redundant in the latest jobs cull in the aviation sector. The airport, London’s fourth largest, has started consultations with unions to sack almost 30% of its workforce, forecasting a 70% drop in passenger numbers this year because of the coronavirus [...]

The fossil fuel producer BP has sold its petrochemicals business to Ineos in a $5bn (£4.1bn) deal that will boost the oil company’s under-pressure balance [...]

Lee, Belgium’s most famous cat, is back in Peru to be quarantined for possibly having rabies, after which he will be flown back to his owner in Antwerp. Lee’s owner has revealed who paid for the cat’s flights to and from [...]

The German automaker BMW will cut 6,000 jobs in total, but wants to avoid forced layoffs as much as possible. The company has concluded a deal with the works council about this. It is the largest workforce change at BMW since [...]

According to figures released by the National Bank of Belgium (NBB) the corona crisis has had a big impact on Belgian exports and imports. During April our country’s exports were down 24% compared with April 2019. Meanwhile, during April we imported 28.6% fewer goods from abroad than was the case a year ago. The [...]