Amid another leak of documents revealing large-scale international tax avoidance, the secretary-general of the Organisation for Economic Co-operation and Development (OECD) said Monday that tax avoidance was fast becoming a thing of the past. “When we’re talking about the ‘Panama Papers’ or ‘Paradise Papers’ we’re talking about a legacy that is fast disappearing,” Angel Gurria […]

U.K. Prime Minister Teresa May is expected to outline her vision for Britain’s industrial future Monday, while the leader of the U.K.’s opposition Labour party is expected to set out his proposals for “big changes” to the country’s economy. Both the prime minister and Labour leader Jeremy Corybn are expected to give speeches at a […]

Silvio Berlusconi’s center-right coalition on Sunday looked set to win by a narrow margin a regional vote in Sicily seen as a crucial test of national trends ahead of forthcoming parliamentary elections, exit polls suggested. The Sicilian vote could mark a striking comeback for the 81-year-old four-times prime minister, whose candidate was predicted to have […]

European stocks are set to start the week lower as investors focus on earnings and monitor President Donald Trump’s comments in Asia. The FTSE 100 is seen lower by 23 points at 7,536; the CAC 40 is set to open off by 7 points at 5,506 and the DAX is set to start the day […]

Sacked Catalonia leader Carles Puigdemont and four associates turned themselves in to Belgian police on Sunday, following Spain’s issuing of an arrest warrant for rebellion and sedition. All are wanted by Madrid for actions related to the push for the region’s secession from Spain. Puigdemont has become the public face of that move for independence. […]

Pro-Catalonia independence parties will win the regional election in December but are unlikely to take a parliamentary majority, a survey published in La Vanguardia showed on Sunday. According to the GAD3 poll of 1,233 people between Oct. 30 and Nov. 3, pro-independence parties ERC, PDECat and CUP would win the election with between 66 and […]

A regional election in Sicily over the weekend could lift the party of former Italian leader Silvio Berlusconi, as the country gears up for a national vote next year. The Sicily vote for a new governor is being seen as a dress rehearsal for a national election that is due to take place before June. […]

WhatsApp was hit by a major outage on Friday morning, preventing people around the globe from using the world’s most popular messaging app. Users of the Facebook-owned app could not send or receive messages as the service continued to say it was “connecting”, though no connection was made. According to DownDetector, there were problems across […]

Air France-KLM said improving price trends helped it report better than expected third quarter profits, joining major European peers in benefiting from strong summer demand. The Franco-Dutch company reported third quarter operating profit up 38.7 percent to 1.022 billion euros ($1.2 billion), against the average analyst expectation of 953 million in a Reuters poll. Unit […]

Two U.S. strategic bombers conducted drills over South Korea on Thursday, the U.S. Air Force said, raising tensions with North Korea just days before President Donald Trump visits the region seeking to shut down Pyongyang’s nuclear programme. News of the drills was first reported by North Korean state news agency KCNA on Friday, which said […]