In 2014, when Brussels regulators began to probe Apple Inc.’s low-tax arrangements in Ireland, an unlikely figure rushed to Dublin’s defense. U2’s lead singer Bono, no stranger to attractive offshore jurisdictions, pleaded that Ireland’s multinational-friendly model had brought the only prosperity the nation had ever known. “We are a tiny little country,” he told The Observer newspaper. “We don’t have ...

In early 2017, a strange pattern began to appear. So-called soft economic numbers – surveys of business leaders and consumers — started to look much more positive than the hard numbers of investment, growth and measures of business activity. Many wondered whether the optimism that people were expressing reflected their rational expectations of an improving economy, or whether it was ...

Bloomberg United Parcel Service (UPS) Inc won US certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries. The Federal Aviation Administration (FAA) gave the courier permission to use delivery drones at hospital, university and corporate campuses with few restrictions, for example, letting operators fly the aircraft at ...