BRUSSELS (Reuters) - European leaders meet on Wednesday to discuss tax policy and specifically their concerns over how a number of high-profile international companies have managed to pay next to no tax on their vast sales revenue generated in Europe. Following is a summary of several recent cases and links to the Reuters stories on each one. APPLE INC. An investigation by the U.S. Senate showed this week that the maker of iPads and iPhones had paid just 2 percent tax on income of $74 billion over the past three years, largely by exploiting an unusual loophole in Ireland's tax code. ...
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A self-proclaimed Saudi cleric said that if women turn on air-conditioners at home in their husband's absence could lead to moral depravities. More »
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Imran Khan leaves hospital after campaign fall ReutersPak cricket hero-turned-politician Imran Khan, who has been fitted with a spinal brace to aid recovery, fell from a fork-lift taking him to a poll campaign podium. More »
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KUALA LUMPUR (Reuters) - Malaysia's AirAsia Bhd , Southeast Asia's biggest budget airline by passenger traffic, posted a 39.23 percent fall in first-quarter profits on Wednesday, hurt mainly by higher finance costs and a foreign exchange loss on borrowings. AirAsia earned 104.79 million ringgit in the three months ended March, down from 172.44 million ringgit in the same period last year, although the operating profit was up 6 percent, according to a stock exchange filing. Earlier this month AirAsia said its passenger numbers were up 19 percent in the quarter at some 9.8 million. ...
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- Iran, Hezbollah increasing support for Assad: Britain Reuters
AMMAN (Reuters) - British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support. "It is very clear that Syrian regime is receiving a great deal of support, increasing support in recent months from outside Syria from Hezbollah and Iran. This is a regime that is increasingly dependent on external support," Hague said in a news conference with his Jordanian counterpart Nasser Judeh. ...
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Hyderabad, May 22 (IANS) The Bharatiya Janata Party (BJP) Wednesday urged Andhra Pradesh Governor E.S.L. Narasimhan to sack six allegedly tainted state ministers.
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