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The rise of political tourism in the Middle East

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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-09-16

Larry Summers pulls out of race to head Federal Reserve

Former Treasury Secretary Larry Summers has pulled out of the race to be the next chairman of the US Federal Reserve. The move came amid increasing acrimony over his possible appointment and leaves the current Fed vice-chair Janet Yellen as the frontrunner. Meanwhile, here in Paris, some French shop workers are fighting their union so they can work longer hours.

By Matthew WARREN

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Archives

2016-08-30 Apple

Apple set to face record tax penalty from EU

The European Commission is set to give its final decision on Apple's tax arrangements in Ireland. The investigation is expected to say that the Irish authorities gave the...

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2016-08-29 Janet Yellen

Fed rate hints show Brexit 'not a shock' for US economy

The Federal Reserve's Chair, Janet Yellen, says the "case has strengthened" for an interest rate rise. An earlier increase was thought to have been delayed because of concerns...

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2016-08-25 taxes

US Treasury lashes out at EU tax probes

The US Treasury has strongly criticised investigations by the European Commission into American companies, saying it's acting like a "supranational tax authority" in reviewing EU...

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2016-08-24 Australia

Qantas bounces back with record profits

The Flying Kangaroo has bounced back, two years after the Australian airline teetered on the brink of bankruptcy. Qantas reported record profits of $1.5 billion Australian...

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2016-08-23 auto industry

French diesel emissions inquiry 'omitted crucial details'

A French government investigation into emissions cheating may have omitted details of test results regarding a Renault model, according to a report in the Financial Times. The...

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