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Central bankers get tired of gold as lower exports cut cash

  Bloomberg Central banks — holders of about 32,900 metric tons of bullion — cut their purchases by 40 percent during the three months through June, compared with the same period a year earlier, to the lowest since 2011, World Gold Council figures compiled by Bloomberg show. It was the third-straight quarterly drop, the longest such streak in at least ...

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EU orders Apple to pay €13bn in Irish taxes

  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 ...

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JetSmarter launches promotion in Kuwait

  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. ...

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