Tax evasion costs EU €170bn a year
The value of losses caused due to tax avoidance and evasion in the European Union amounts to €170bn per year, a Polish state think-tank said.
The report from the Polish Economic Institute estimated the total tax avoidance losses over a 7-year period to be ...
Former Barclays boss accused of 'funnelling funds' to Qatar
Court hears that Thomas Kalaris put forward ways bank could meet Qatar’s demand for extra fees.Prosecutors have accused a former Barclays boss of proposing two separate illegal deals before settling on an advisory agreement that allegedly disguised the true ...
German economy sees weakest growth since 2013
The German economy grew by 0.6% last year, according to official figures, its weakest performance since 2013.
The German statistics office said growth was driven mainly by household spending.
Business investment in machinery and equipment was ...
Amazon in India: Jeff Bezos announces $1bn Indian investment
Amazon boss Jeff Bezos has announced a major investment in India, saying the country is a key growth market.
Mr Bezos said his firm will invest $1bn (£770m) in digitising small and medium businesses - allowing them to sell and operate online.
Speaking at a ...
Gambling on credit cards to be banned
People are to be banned from using credit cards to place bets, in an attempt to curb problem gambling, the Gambling Commission has said.
The ban, which starts on 14 April, comes after reviews of the industry by the commission and the government.
A total of ...