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All of majority Volkswagen shareholder Porsche SE’s common stock is now held by the Porsche and Piech families, said Wolfgang Porsche. Photograph: Volkswagen Porsche-Piech family regain control of Volkswagen

Family buys Qatar Holding stake worth about €930 million

Brian Conville, national bricklaying champion, at the launch of Ecocem’s next generation cement in a 25kg bag. Diversification puts Ecocem on firm footing

Since 2006, Google has paid just £12 million in UK corporation tax. Photograph: Getty Images Google tax structure contrived, UK committee says

Profits routed through Dublin to avoid UK tax

Ernst & Young Entrepeneur of the Year emerging finalists

Jane ní Dhulchaointigh, FormFormForm Ltd trading as sugru

Voestalpine’s plant in Donawitz, Austria. Photograph: Leonhard Foeger/Reuters Steelmaker jumps as profit gain drives 13% rise in dividend

Boston Scientific: the actual tax the group was legally obliged to pay was lower for a number of reasons, including “different tax rates on overseas earnings”, according to the accounts. Photograph: Joe Raedle/Getty Image Irish Boston Scientific company paid effective tax rate of 4% in 2011

Multinational paid $60m in corporation tax on profits of $1.4bn

Magners cider coming off the line in Clonmel C&C says it is committed to maintaining cider production in Clonmel

Some sales and marketing staff to be made redundant but numbers yet to be finalised

Procter and Gamble replaces CEO with predecessor

A.G. Lafley brought back to rekindle growth at world’s largest consumer product maker

BMW emblems next to the production line of the German car manufacturer’s plant in the Bavarian city of Dingolfing. Figures released today show eurozone factory output is rising with car sales in the EU increasing last month for the first time since September 2011. Photograph: Michaela Rehle/Reuters. Euro zone services and factory output beat forecasts

Economists expect currency bloc to emerge from recession in Q3

Chinese Changan cars are parked inside a factory in Chongqing. Data released today show China’s manufacturing is contracting in May for the first time in seven months. Photograph: Reuters. Chinese manufacturing contracting - PMI

Asian markets fall amid fears GDP growth to stall

A man walks through a Nissan showroom in Yokohama, south of Tokyo. The company has announced a worldwide recall of 841,000 vehicles. Photograph: Toru Hanai/Reuters. Nissan to recall 841,000 vehicles worldwide

Micra among models affected by steering wheel glitch

Caroline Dowling, president of integrated network solutions at Flextronics, said now was an ideal time for Ireland to harness the opportunity that reshoring presents. Reshoring trend could benefit Ireland

Conference hears wage increases in China have led companies to rethink location of manufacturing

Manufacturing

All of majority Volkswagen shareholder Porsche SE’s common stock is now held by the Porsche and Piech families, said Wolfgang Porsche. Photograph: Volkswagen Porsche-Piech family regain control of Volkswagen
Since 2006, Google has paid just £12 million in UK corporation tax. Photograph: Getty Images Google tax structure contrived, UK committee says
Ernst & Young Entrepeneur of the Year emerging finalists
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