Bloomberg British businesses overwhelmingly want to stick to European rules after Brexit, according to the most detailed sector-by-sector analysis of what companies need the UK to fight for in negotiations. The Confederation of British Industry, which compiled the data, argues that the opportunities presented by breaking free from European Union regulations are vastly outweighed by the cost of losing access ...

WASHINGTON / Reuters Fifteen US corporations including online retailer Amazon.com Inc, power company Duke Energy Corp and insurer Prudential Financial Inc avoided US tax on nearly $25 billion in combined profits last year, a tax watchdog group said. A report by the Institute on Taxation and Economic Policy, or ITEP, said data showed how profitable Fortune 500 companies have routinely ...

BRUSSELS / Reuters The European Union plans more powers for consumers to sue firms like Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would give consumer groups the ability to launch collective action on behalf of clients and hand consumer protection authorities stronger powers to sanctions ...