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EU says Ireland tax deal with Apple was state aid

The European Union has accused Ireland of giving Apple Inc. state aid by letting the iPhone maker shelter profits worth tens of billions of dollars from tax, in return for maintaining jobs.

Sep 30, 2014 11:04 AM EDT


Special Report: Islamic State uses grain to tighten grip in Iraq

For Salah Paulis, it came down to a choice between his faith and his crop. For Salah Paulis, it came down to a choice between his faith and his crop. A wheat farmer from outside Mosul, Paulis and his family fled the militant group Islamic State early last month.

Sep 30, 2014 10:59 AM EDT


Global stocks fall, bonds rise on Hong Kong unrest

Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.

Sep 29, 2014 12:06 PM EDT


Costs, politics erode chances for a Tokyo casino by 2020

Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.

Sep 29, 2014 11:49 AM EDT


Full plates fight prejudice in Hungary restaurant

Waitress Maria Kecskemeti says working with people is a daily challenge, requiring much skill and empathy.

Sep 29, 2014 11:41 AM EDT


Obama says misread Islamic State; Qaeda warns of attacks on West

President Barack Obama has acknowledged that U.S. intelligence underestimated the rise of Islamic State fighters in Iraq and Syria, where the head of an al Qaeda branch warned militants will attack the West in retaliation for U.S.-led air strikes.

Sep 29, 2014 11:14 AM EDT


Europe allows gadgets to stay on during flights

Airline passengers will be able to use smartphones and tablet computers throughout their entire flight, the European Aviation Safety Agency (EASA) said on Friday, which could also pave the way for airlines to offer wireless communication services.

Sep 26, 2014 11:40 AM EDT


Hyundai-led group agrees to $10 billion land deal, stokes union rage

Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.

Sep 26, 2014 11:23 AM EDT


Dollar holds near four-year highs, Europe stocks recover

The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.

Sep 26, 2014 11:14 AM EDT


Islamic State tightens grip on Syrian border town, shells hit Turkey

Islamic State fighters tightened their siege of the strategic town of Kobani on Syria's border with Turkey on Friday, pushing back Kurdish forces and sending at least two shells into Turkish territory, witnesses said.

Sep 26, 2014 10:48 AM EDT


GM expects to sell over three million cars in China this year: Tsien

General Motors Co (GM.N) expects to sell over three million vehicles in China for the second straight year in 2014, with its premium brand forecast to grow 40 percent, the U.S. carmaker's China President Matthew Tsien said on Wednesday.

Sep 25, 2014 11:43 AM EDT


France strikes Islamic State in Iraq after U.S.-led Syria raids

French fighter jets struck targets in Iraq on Thursday and the United States and its allies stepped up air raids in Syria against Islamic State militants who have taken over large areas of both countries.

Sep 25, 2014 11:04 AM EDT


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