Three of Europe’s main bottlers of Coca-Cola products are to combine in a $27bn deal to simplify manufacturing at the world’s largest drink maker as it seeks to cut costs at a time when consumers are shifting away from its fizzy drinks. (Photograph: Chris Ratcliffe/Bloomberg)

An Obama administration crackdown to stop US businesses pursuing takeovers that let them escape the country’s high corporate tax regime was dealt a s(...)

According to Tapestry Networks, at a conference a member of Nestlé’s executive board, David Frick, “talked about a programme to invite its largest shareholders to meet with the chairman . . . He said shareholders had either declined or simply didn’t turn up to the meetings.” Photograph: EPA/Keystone/Fabrice Coffrini

What if lawmakers never spoke to their constituents? Oddly enough, that’s exactly how corporate America operates. Shareholders vote for directors, (...)

More than 70 US companies have shifted their tax domiciles to foreign addresses since 1983, mostly relocated their headquarters to Ireland, the UK, the Netherlands and Switzerland. Photograph: Reuters

The attraction of Ireland’s low-cost tax regime to American multinationals has again come under the spotlight in the US Congress after a new report fo(...)

Ryanair’s Michael O’Leary has argued that the regulator will still have to wait for Ryanair’s appeal against the EU decision to block its third bid for Aer Lingus to go through. Photograph: Steve Parsons/PA Wire

It could take regulators just months to force Ryanair to sell most of its stake in Aer Lingus, a number of experts argued yesterday following a ruling(...)