Thursday 23 May 2013
Hong Kong financial authorities are investigating Swiss bank UBS over possible misconduct related to the Asian financial centre's benchmark interest rate.
The announcement comes a day after UBS agreed to pay £940m in fines for trying to manipulate the Libor inter-bank interest rate affecting borrowers globally.
Vodafone has hit back over accusations of tax avoidance, insisting that it made an "absolutely huge" contribution to the UK Treasury, as the mobile giant unveiled a big slump in annual pre-tax profits.
NORTHERN Ireland pharmacy business Gordons Chemists has teamed up with Co Down firm Calerrific to supply its innovative high energy biscuits.
Royal Mail has unveiled a big jump in profits to £440m as it took another step towards a possible stock market flotation later this year.
MORTGAGE lenders are stepping up action to help up to 1.3 million interest-only customers who do not have enough cash to pay their loans back.
Business groups from each of the G8 countries have urged leaders to use next month's meeting in Fermanagh to clamp down on tax avoidance in member countries.
Apple "avoided" more than $1m (£650,000) in US taxes every hour last year, a senior Washington lawmaker said yesterday as the tech giant found itself the centre of the debate over loopholes in international tax laws.
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