Ireland’s corporation tax revenues are under threat as an international reform process kicks off in earnest. The Organisation for Economic Co-operation and Development (OECD) is looking to change the way big technology companies are taxed. It has now said it will consider moving to a system where companies will be taxed, at least in part, […]

Central Bank Governor Philip Lane is now in a one-horse race to become chief economist at the European Central Bank (ECB), after no other candidate secured a nomination. The confirmation process is now a formality and creates a vacancy at home for a Governor of the Central Bank of Ireland – the third since the […]

GENEVA (Reuters) – China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization (WIPO) published on Thursday. The study found U.S. tech giant IBM had by far the biggest AI patent portfolio, with 8,920 patents, ahead of Microsoft […]

Anyone paying attention to financial markets in recent months knew that the Federal Reserve’s management of the economy was perhaps the single most important question on the minds of investors. The Fed, of course, has been raising interest rates, including four increases last year, which unnerved many investors. These days, though, the focus has shifted […]

NEW YORK (Reuters) – Grocery distributing company United Natural Foods Inc filed a lawsuit on Tuesday against Goldman Sachs Group Inc and Bank of America Merrill Lynch claiming the investment banks put their financial interests ahead of the company’s when they advised it on a multi-billion acquisition last year. United Natural Foods announced plans to […]

(Reuters) – U.S. stocks jumped on Wednesday, as Apple led a rally in technology shares and Boeing boosted sentiment with an upbeat forecast ahead of the Federal Reserve’s monetary policy decision. The results helped Wall Street reverse two down days that was triggered by profit warnings from U.S. bellwethers that signaled a bigger impact from […]

Food retailers in Britain warned lawmakers this week that Brexit was threatening to become a dinner plate issue. A departure from the European Union with no agreement in place would be costly and limit supplies, executives said in a public letter. They added: “We fear significant disruption in the short term.” In other words: We’ve […]

SHANGHAI — Alibaba became one of the world’s biggest internet companies thanks to the growing wealth and online shopping habits of Chinese consumers. Now, as China’s economy slows, it has become a symbol of their new sense of caution. The company, China’s largest e-commerce business, said on Wednesday that its earnings growth fell last quarter. […]

WASHINGTON (Reuters) – The United States and China were set to try again on Wednesday to dig out from a damaging trade war with a new round of high-level talks aimed at bridging deep differences over China’s intellectual property and technology transfer policies. Cabinet-level officials, led by Chinese Vice Premier Liu He and U.S. Trade […]

(Reuters) – Boeing Co shares jumped on Wednesday as the world’s largest planemaker raised its profit and cash flow expectations for 2019 amid a boom in air travel, while indicating it had overcome supplier delays that snarled 737 production last year. Chicago-based Boeing said it expects to deliver between 895 and 905 commercial aircraft in […]