A man walks past a restaurant in the Dotonbori amusement district of Osaka,  Japan, yesterday. The difficulties caused by fiscal austerity have become particularly evident in Japan and the euro zone. Photograph: Reuters

David Cameron, the UK prime minister, states that “red warning lights are once again flashing on the dashboard of the global economy”. The lights are (...)

US president Barack Obama arriving in Brisbane, Australia, on Saturday for the G20 summit. Photograph: Reuters/Kevin Lamarque

The G20 summit in Brisbane has ended with world leaders committing to open up their economies to generate extra growth of more than 2 per cent by (...)

Transport costs fell in the month, mainly due to lower petrol and diesel prices and a reduction in the price of  cars. Photo: Bloomberg

The European Central Bank reiterated its readiness to intervene again to bolster the struggling euro zone economy as a new figures pointed to a declin(...)

US companies, faced with one of the highest rates of corporate tax in the world - 35 per cent – have long sought to minimise their tax bill. One way h(...)

 Enda Kenny said Ireland was a place where “real companies employ very significant numbers of people”.

Ireland is “not a brass-plate location” for companies moving their residency for tax purposes and the Government has told the US it has never been a(...)

The Obama administration has begun a crackdown designed to curb tax avoidance by US companies moving to low-tax countries with new rules aimed at stemming the pace of “corporate inversions”. Photograph:  Shawn Thew/EPA.

The Obama administration has begun a crackdown designed to curb tax avoidance by US companies moving to low-tax countries with new rules aimed at stem(...)

US president Barack Obama: denounced corporate inversion as “unpatriotic” and referring to companies availing of the practice as “deserters”. Photograph: Saul Loeb/The New York Times

Having ramped up the rhetoric, it appears that the United States will once again fail to deliver. As the OECD is due today to publish its report on Ba(...)

Senator Carl Levin:  has a track record of bashing corporate tax dodgers and wants to introduce legislation that limits the number of corporate inversions. Photograph: Reuters

A new reality television series called Dating Naked began in the US last Thursday in which the traditional dating process is up-ended and the couples (...)

A woman walks past the Time Warner Center near Columbus Circle in Manhattan yesterday.  Rupert Murdoch’s 21st Century Fox Inc said  it had offered to buy the company in  a move that would unite two of the world’s most powerful media conglomerates, but Time Warner rebuffed its offer. Photograph:  Reuters

European stocks advanced by the most since April as Portuguese banks led a rally by euro zone lenders and a report showed China’s economy expanded at (...)

Jacob “Jack” Lew, US treasury secretary.   Mr Lew has urged members of Congress  to pass legislation immediately to stop US companies from shifting their legal addresses overseas

The Obama administration has added its voice to the growing chorus of criticism of US companies shifting their legal addresses overseas, in many cases(...)