IRS Chief John Koskinen Says Agency Cannot Stop Corporate Inversions
Pfizer's attempt to acquire UK's AstraZeneca has fuelled concerns about tax avoidance strategies of large firms.
GM Bailout Cost US Taxpayers $11.2bn, Says Federal Report
GM bailout cost US taxpayers about $1bn more than estimated.
China Growth Could Drop to 7% in 2014, Warns Government Think Tank
Beijing-based CASS believes China growth will be powered by investment.
US Economy Hit by Adverse Cold Weather Conditions
Nonetheless, US Federal Reserve expected to trim bond buys by a further $10bn today.
Ebay Boosts US Acquisition War Chest to Expand into High-Growth Areas
EBay moves to boost its available US cash by about $6bn when needed.
Alstom Shares Jump 10% on GE and Siemens' Interest in its Energy Unit
Alstom to make statement about the GE and Siemens offers on 30 April.
Sanofi Plans $7bn-Plus Drug Sale Amid Pharma M&A Resurgence
Paris-based Sanofi has roped in Evercore Partners and has tapped prospective buyers.
Industrial & Commercial Bank of China Buys Turkey's Tekstilbank
China lending slowdown has pulled down ICBC's profit growth to its weakest in about five years.
Bank of Beijing Plans $4bn Hong Kong Flotation
Shanghai-listed medium-sized Chinese lender proposes to float 3.4 billion shares in HK.
BofA Ditches $4bn Stock Buyback and Dividend Hike after Capital Miscalculation
US Federal Reserve orders BofA to suspend and resubmit capital plans for 2014.
China's Rich and Poor Gap Surpasses US
Growing divide between haves and have-nots in China can fuel social unrest.
Wal-Mart Paid Over $300m to Terminate India Partnership with Bharti Enterprises
The world's largest retailer ended its joint venture with the US's largest retailer in October 2013.
Alibaba Acquires 16% Stake in Top Chinese Site Youku Tudou
Youku Tudou investment brings Alibaba's pre-IPO deal making spree to about $4bn.
Japan: Retail Sales Rocket to 17-Year High Ahead of Sales Tax Hike
Japanese consumer spending could drop in April 2014 but decline will be short-lived
German Railway Firm DB to Sue ArcelorMittal and Saarstahl Over Price-Fixing
DB alleges it was sold 48 million reinforced concrete sleepers at higher prices.
Publicis and Omnicom's $35bn Merger Faces Three Key Hurdles
Publicis and Omnicom CEOs Maurice Levy and John Wren working to resolve CFO spat.
EU Report Warns Greece of €14.9bn Financing Gap
Greece's 2014 financing gap stands at €2.6bn, with a further €12.3bn needed in 2015.
Oil Futures Mixed amid Ukraine Crisis and Robust US Supply
Commerzbank says not much of a cushion available in case of further oil supply outages.
Gold Prices Set to Rise amid Ukraine Jitters
Traders await US Federal Reserve FOMC statement and US nonfarm payrolls data.
Britain's Biggest Investors to File £1bn Legal Claims against RBS Next Week
UK institutional investors claim RBS mislead them over its £12bn emergency rights issue in 2008.
China: Drilling Rigs Maker Honghua Hopes to Ride Shale Gas Boom
China holds more technically extractable shale gas reserves than the US.
Japan's NTT Docomo to Exit India's Telecoms Market
Docomo could sell entire stake in Indian JV to partner Tata Group or to Vodafone.
Emerging Asian Economies to Witness Lacklustre Growth
Emerging nations to contribute less to the global economy in 2014
S&P Slashes Russia's Foreign Currency Ratings
Russian stocks and rouble drop after S&P cuts Russia's foreign currency ratings.
FCA Observing Banks' London Gold-Fixing Telephone Calls
Barclays, HSBC, Deutsche Bank, Bank of Nova Scotia and Societe Generale under FCA scrutiny.
GM Logs Over 80% Drop in Q1 Profit after Ignition-Switch Recalls
January-March quarter includes $1.3bn charge for recall of nearly 2.6 million vehicles.
German Bribery Conviction Could See Ecclestone and Daimler Exit F1
Daimler could exit F1 if Ecclestone refuses to resign in event of conviction in Munich
China Revises 25-Year Environment Law as Pollution Chokes Nation
Beijing has passed amendments that will go into effect on 1 January, 2015.
F1 Supremo Bernie Ecclestone's Bribery Trial Begins in Munich
Case hinges on allegations Formula 1 boss tried to bribe BayernLB banker Gerhard Gribkowsky
Greenpeace and Friends of the Earth Want US to Drop Solar Trade Case Against India
US proposes to request a dispute settlement panel at the WTO on 25 April.
