Bloomberg Apple Inc. was ordered to repay a record 13 billion euros ($14.5 billion) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill. The world’s richest company benefited from a “selective tax treatment” in Ireland that gave it a “significant advantage over other businesses,” the European Union regulator said on Tuesday in its ...

  Dubai / Emirates Business JetSmarter, the world’s leading private jet company announces the launch of new and exciting promotion during the month of September for non-members exclusively in Kuwait. The leading private jet company is offering complimentary* seats on one-way private-jet flights from Kuwait to Dubai that are scheduled to fly on September 1, September 15 and September 29. ...

  Bloomberg Mitsubishi Aircraft Corp. said it’s sticking to the schedule of handing over its first plane in 2018 after issues with the jet’s air conditioning ventilator this weekend grounded the plane from further test flights. Mitsubishi is working with United Technologies Corp., which makes the aircraft’s air conditioning, to fix the problem, the Japanese company’s spokesman Yuji Sawamura said ...

  DALLAS / AP The president and No. 2 executive at American Airlines has left the company and taken the same job with rival United Airlines. United Continental Holdings Inc. said that Scott Kirby has been named president and will oversee operations, sales and other duties. Kirby, 49, was often seen as a likely successor to American Airlines Group Inc. ...

  Bloomberg ANA Holdings Inc. will have to replace some Rolls-Royce Holdings Plc engines on its Boeing Co. Dreamliners, after issues with the power plants kept disrupting services at the world’s biggest operator of the 787 aircraft. The Japanese carrier will prioritize replacement in some aircraft, while Rolls-Royce develops a version of the blades used in the power plants, ANA ...

  Beirut / AFP US Secretary of State John Kerry pressed Tuesday for more cooperation with India on security and trade as the world’s two biggest democracies try to strengthen ties, in part to counter China’s rising influence. Kerry also said he was hopeful of moving ahead on a deal to provide nuclear energy assistance to India, as the nations seek ...

  Berlin / AFP Germany’s EU Commissioner Guenther Oettinger raised doubts on Tuesday about whether Britain would leave the bloc, saying he wouldn’t bet on “Brexit”. Oettinger told Germany’s daily Bild that he assumed June’s referendum outcome in favour of Britain exiting the EU was “binding”. “But it is possible that public opinion will tip if the economic situation in ...

  Naypyidaw / AFP Fresh fighting between ethnic minority rebels and Myanmar’s military is overshadowing an upcoming peace conference led by Aung San Suu Kyi’s new civilian government, people involved in the talks said on Tuesday. The five-day gathering, which officially opens on Wednesday, is Suu Kyi’s first big drive to end multiple insurgencies that have raged in Myanmar’s borderlands ...

  Mogadishu /AFP At least five people were killed and 28 injured when extremists exploded a suicide car bomb outside a popular hotel close to the presidential palace in Somalia’s capital Mogadishu on Tuesday. “We have confirmed five people killed including security guards”, police officer Mohamed Abdulkadir said. He said the vehicle rammed through a checkpoint and was fired on ...

Singapore / AFP Vietnamese President Tran Dai Quang warned on Tuesday there would be no winners in any armed conflict sparked by territorial disputes in the South China Sea. Quang, who is on a state visit to Singapore, told a forum that recent developments there were threatening regional security. The Vietnamese leader did not mention any country but there is ...