The Luxembourg court decisions on Starbucks Corp.’s antitrust tax case – which was a loss for the European Union — and Fiat Chrysler Automobiles NV’s – which was a win – offer important clues to how a much bigger tax showdown between Brussels and Apple Inc. might play out. While there’s something for critics and defenders of the EU 50-50 ...

India is making a second big fiscal gamble. The first – a switch from sales to consumption taxes – has failed to achieve revenue targets. The government, which two months ago was trying in desperation to tax everything that moved, has suddenly changed tack and is slashing levies on company profits. Will this revive animal spirits and sputtering GDP growth, ...

The UK Local Government Pension Scheme (LGPS) is the nation’s biggest steward of public sector retirement savings by membership, responsible for nest eggs almost 6 million members worth 275 billion pounds. So the revelation that it’s under pressure from the government to shift more of its money into passive products should be a wake-up call to a stock-picking industry still ...