Tax avoidance is legal but companies which use complex structures to reduce their  bills are coming under increasing scrutiny

A Luxembourg court has charged a French journalist with aiding the leaking of confidential information at accounting firm PwC, which led to the disclo(...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

PepsiCo has said it’s on track to achieve $1 billion in productivity savings this year.  Photograph: Bloomberg

PepsiCo, the soft drink maker and world’s largest snack producer has posted first quarter profits that topped analysts’ estimates after cutting costs(...)

The  audio recording is taken from a  a confidential meeting held in the last three months Photograph: AFP/Getty

A senior HSBC executive has privately admitted that the bank is “cast-iron certain” to have another major regulatory breach in the future, and is stru(...)

Pepsi said it expects constant currency earnings per share to grow 7 per cent in 2015

PepsiCo announced plans to return up to $9 billion to shareholders this year, through a mix of dividends and share buybacks, as the snacks and bevera(...)

India’s prime minister Narendra Modi and US president Barack Obama watch India’s Republic Day parade from behind rain-streaked bullet-proof glass  in New Delhi. Photograph:  Jim Bourg/Reuters

US president Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion (€3.54 billion) in investments and loans, seeking to re(...)

Coca-Cola will cut as many as 1,800 jobs, or about 1 per cent of its global workforce.

Coca-Cola will cut as many as 1,800 jobs, or about 1 per cent of its global workforce, as the world’s largest beverage company reduces costs amid a s(...)

European Commission president Jean-Claude Juncker gives a press conference on Luxembourg leaks. He said said he had no involvement in the deals during his time as finance minister or premier of Luxembourg. Photo: EPA

The disclosure of thousands of pages of confidential documents on Luxembourg tax deals by The Irish Times and other members of the International Conso(...)

John Cahill, who will remain chairman of Kraft Foods Group, formerly worked at PepsiCo and served as chief executive of Pepsi Bottling Group.  Photograph: David Paul Morris/Bloomberg

Kraft Foods Group appointed chairman John Cahill as chief executive to succeed Tony Vernon, who has headed the company since it was spun off from Mond(...)

Michael Jeffries stirred controversy when he said Abercrombie’s clothes were not meant for “fat” people. Photograph: Shannon Stapleton/Reuters

Abercrombie & Fitch Co chief executive Michael Jeffries, who transformed the logo-centric clothing retailer from a drab sports brand into a fashio(...)