HMRC hits back at the PAC report that says it is too lenient on tax avoidance
Turkey is also facing a raft of high profile bribery and corruption scandals related to Fethullah Gulen
Vodafone will have to pay amount in 30 days or appeal demand.
Serco is also set to update on whether it is allowed to sign new contracts
UK's Centrica is selling three gas-fired power stations in Texas
Britain's Public Accounts Committee's annual report on tax collection says HMRC is too corporate friendly.
South Africa's gold production has plummeted 83% in ten years.
Investigations into mortgage securities sold by RBS and Credit Suisse making progress.
GM subsidiary Holden earlier announced its exit would affect 2,900 jobs in Australia.
US manufacturers accuse Goldman Sachs, JPM and London Metal Exchange of driving up aluminium prices.
Project would see expansion of Shah Deniz project in Caspian Sea and construction of new natural gas pipeline to Europe.
Company will end sales staff bonus payment system, based on number of prescriptions written by doctors
Government official tells Reuters bank blocked OIG's probe over bank's relationship with Bernard Madoff.
Prices of pork, fertiliser, cotton, vegetable oil and sugar under NDRC scrutiny.
More Swiss banks are agreeing to cooperative with US authorities in the face of prosecution for hiding taxable assets from the IRS.
Project is expected to produce 1 billion cubic feet of gas and 25,000 barrels of gas condensate per day at peak levels.
The US Fed's FOMC will meet on 17-18 December.
US Federal Reserve's FOMC will meet on 17-18 December.
Move indicates that GSK is more reliant on high-growth emerging markets than traditional western markets.
Whistleblower Edward Snowden revealed IBM 'cooperating' with NSA in surveillance programmes.
New York judge approves $5.7bn settlement over credit card fees.
Allegations of kidnap, assault and worker illness mean it's time for firm action.
12,000-strong RBOS Shareholder Action Group filed proceedings in London's High Court in April.
Dangote Group eyes investments in cement, sugar and agriculture.
Almost 30 Russian banks have lost their licences in 2013 under central bank chief Elvira Nabiullina's regime.
Unless you specifically invest in an ethical fund, it's likely you make money from the sin trades
German banking regulator BaFin is looking into suspected manipulation of benchmark gold and silver prices
Ireland will exit its bailout programme this weekend.
Indian rupee may come under pressure following downbeat economic data.
An IKV Pax Christi report reveals that 139 financial institutions invest in the weapon producers