Tim Hortons employees prepare coffee before the company’s annual general meeting in Toronto. Burger King Worldwide is in talks to acquire Tim Hortons. The combined company would be headquartered in Canada, where Tim Hortons is based and taxes are generally lower than in the US. Photograph: Peter Jones/Reuters
Inversion express slow to crawl

President Barack Obama’s full- throated denunciation of overseas mergers that lower US companies’ taxes is throwing cold water on potential deals. On (...)

BMW climbed 2.8 per cent to €94.10. UBS upgraded the car maker to buy from neutral, saying its investments in electric-car models confer a competitive advantage over rivals.  Photograph: Fred Rollison/Bloomberg News

The Iseq followed the bulk of European exchanges downwards today, losing 0.5 per cent. European stocks declined for a third day overall, as data sh(...)

Monsanto’s DeKalb brand seed corn sits at the Crop Production Services warehouse in Illinois. Photographer: Daniel Acker/Bloomberg

Aaron Kirchfeld, Andrew Noel in London and Patrick Winters in Zurich The desire to avoid US corporate taxes has now spread to agricultural giants – as(...)

Investors have been buying Ryanair since Monday, when it announced a third-quarter loss that was in line with predictions, and signalled that a strategic shift commenced in September is beginning to find favour with travellers.  Photograph: Eric Luke

Some optimism returned to European markets as stocks advanced for the first time in four days.Despite a period of misery, stretching back to January 2(...)

A Syngenta  sign stands in front of a field of soybeans outside of Campo Nueve, Paraguay. Photo: Bloomberg

Syngenta, is to step up cost-cutting to save $1 billion a year by 2018 after the world’s largest maker of crop chemicals reported an 11 per cent fall (...)

British environment secretary Owen Patterson complained he was under “cyber-attack” in the run-up to an EU decision on whether to ban insecticides dee(...)

Minister for Agriculture Simon Coveney is seeking to water down an EU proposal restricting the use of pesticides linked to declining bee number(...)