Latvia Ilmars Rimsevics. Latvia’s finance minister said Mr Rimsevics should step aside for the time being to protect the Baltic country’s reputation. Photograph: Roman Koksarov/AP

Latvia’s anti-corruption agency has detained central bank governor Ilmars Rimsevics, prompting calls for him to step aside while he is under investiga(...)

President Donald Trump speaks to the media during a cabinet meeting at the White House in Washington. Photograph: Kevin Dietsch/EPA

US president Donald Trump has declared North Korea a state sponsor of terrorism. The designation on Monday allows the United States to impose additio(...)

Traders work on the floor of the New York Stock Exchange. Tech stocks enjoyed a rebound on Tuesday.

A recovery in tech stocks and fresh optimism over troubled Italians banks lifted European shares from seven-week lows on Tuesday. The pan-European STO(...)

US president Donald Trump unleashed a barrage of criticism against Japan and China on Tuesday, saying they were devaluing their currencies. Photograph: Al Drago/The New York Times

China said on Friday it has never used its currency as a tool to gain an advantage in trade and was not seeking a “currency war”, after US president D(...)

The shop ‘Army of Russia’, located opposite the US embassy in Moscow, with an image of US president-elect Donald Trump. Photograph: Reuters

US law enforcement and intelligence agencies are examining intercepted communications and financial transactions as part of a broad investigation int(...)

US Treasury Department has granted licenses to Boeing and Airbus to deal with Iran. Photograph: iStock

Boeing has won US approval to sell its first jetliners to Iran in almost 40 years, paving the way for the biggest business transaction between the two(...)

Chief executive Tim Cook said earlier this month that Apple would bring back several billion in untaxed offshore cash sometime in 2017. The company has about $232 billion in cash, with $214 billion of that held overseas. (Photograph: David Paul Morris/Bloomberg)

When Apple was ordered by European regulators to pay $14.5 billion plus interest in back taxes to Ireland, the giant technology company seemed to be f(...)

Barack Obama drinks from a coconut in Laos as the first visit by a US president to the southeast Asian country continued on Wednesday. He faced criticism in the US over payments to Iran. Photograph: Saul Loeb/AFP/Getty Images

The Obama administration has acknowledged that it paid $1.7 billion (€1.5 billion) in cash to Iran to settle a 37-year legal dispute, drawing more fir(...)

Apple in Cork: the US government escalated the dispute this week over what Washington sees as the unfair targeting of American multinationals and their tax arrangements with individual EU members states. Photograph: Paul Faith/AFP/Getty Images

The US Treasury’s missive, fired at the EU Commission warning about the effect of its antitrust investigations into Irish tax arrangements of Apple an(...)

Photograph: Jason Alden/Bloomberg

US treasury secretary Jacob Lew is set to meet with European Union antitrust chief Margrethe Vestager on Wednesday as she prepares to deliver a final (...)

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