IRS looking into Uber 2013-14 tax returns
Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing...
U.S. firms fret as China’s FedEx probe, planned hit-list heightens trade frictions
The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could...
Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme
The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with...
Tech problems keep stocks soft; bonds stay strong
Stock markets remained under pressure on Tuesday as worries about a clampdown on the world’s internet and social media giants compounded mounting global trade and...
China warns its companies on U.S. travel, rebuffs trade criticism
China warned its companies operating in the United States on Tuesday they could face harassment from U.S. law enforcement agencies, as it also rebuffed U.S....
Five years after MH17 downing, airline conflict alert system remains patchy
When Pakistan closed its airspace during conflict with India in February, Malaysia Airlines was not one of the carriers left scrambling to re-route flights because...
Activist hedge fund CIAM will ‘strongly oppose’ FCA-Renault deal
Activist hedge fund CIAM has written to the board of French automaker Renault to say it “strongly opposed” a planned $35 billion merger with Fiat...
Exclusive: Pile drive – China expected to divert outstanding U.S. soybean cargoes into reserves
China will stockpile up to 7 million tonnes of soybeans bought from the United States during an earlier truce in the trade war between the...
Mounting climate change fears push U.S. investors to assess geographical risks
With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra...
Asian shares edge up but growth worries cap gains
Shares in Asia inched higher and safe-haven assets gave up some overnight gains on Tuesday, as investors paused for breath after a volatile Wall Street...
