Steven Mnuchin

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President Donald Trump called reports of his tax affairs ‘fake news’. Photograph: Joshua Roberts/Getty

Joe Biden, the Democratic presidential candidate, painted Donald Trump as a tax dodger after the revelation that the president paid no federal income (...)

HSBC Holdings  surged 11 per cent after its biggest shareholder raised its stake in a bet the embattled lender will return to paying dividends. Photograh: Simon Dawson/Bloomberg

European stocks jumped on Monday, led by a rally in bank shares, as investor sentiment was bolstered by M&A announcements. Asian equities and US (...)

Treasury secretary Steven Mnuchin said ByteDance had committed to ‘create TikTok Global as a US-headquartered company’. Photograph: Chris Delmas/AFP

ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, said people briefed o(...)

 Nancy Pelosi: she has  warned  there should be “no cutting corners” in the vaccine approval process. Photograph: AP Photo/Susan Walsh

The Trump administration is considering bypassing normal US regulatory standards to fast-track an experimental coronavirus vaccine from the UK for use(...)

House Speaker Nancy Pelosi and US Senate Minority Leader Chuck Schumer after meeting with the White House Chief of Staff and the US Treasury Secretary on coronavirus relief. Photograph: Mandel Ngan/AFP/Getty Images

US president Donald Trump vowed to unilaterally suspend payroll taxes and extend expired coronavirus unemployment benefits after negotiations with con(...)

Hong Kong leader  Carrie Lam: “I have no assets in the US, and I don’t particularly like going to the US.” Photograph:   Anthony Wallace/AFP via Getty Images

The US government has imposed sanctions on Hong Kong’s leader Carrie Lam and 10 other senior Chinese and Hong Kong officials in response to a crackdow(...)

Polished gold bullion bars at  a refinery in Sydney, Australia,  on August 5th, 2020.  Photograph:  Getty Images

Gold’s rally gathered more force, with prices driven higher into record territory above $2,000 an ounce as investors assessed prospects of more stimul(...)

President Donald Trump speaks to the media while meeting with Senate majority leader Mitch McConnell and House minority leader Kevin McCarthy in the Oval Office at the White House on Monday. Photograph: AP

Donald Trump has acknowledged a “big flare up” of Covid-19 cases as the US crisis worsens and with emergency relief about to expire. But divisions be(...)

The Savoy Hotel in London – just one of many high-profile international businesses that have become masters at minimising tax. Photograph: iStock

The Savoy Hotel has been welcoming its well-heeled and connected clientele for 131 years. But for all the Art Deco design and the sublime personal ser(...)

The US decision to pull out of a key international dialogue on international corporate taxation poses an important renewed challenge to Minister for Finance Paschal Donohoe and the Government.  Photograph: Gareth Chaney/Collins

The US decision to pull out of a key international dialogue on corporate taxation poses an important renewed challenge to Ireland. Having steadfastly (...)

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