Global economy & markets
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Amazon wins $303 million court fight in blow to EU tax crusade
The EU General Court overturned a European Commission order that would have required Amazon to pay about €250 million in back taxes, dealing another setback to the commission’s crusade against preferential state aid deals.
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Bankers quit London as Brexit relocations to EU step up
The COVID-19 work-at-home regime encouraged some bankers to temporarily move away from London, but that shift is now becoming more permanent.
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Analysis: Why Apple has chips for iPhones while Ford got caught short
Major players in the electronics industry, accustomed to the long time horizons of chip production, have mostly avoided major disruptions from the chip shortage.
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Creative startups and private flats: City of London eyes post-COVID-19 future
The plan includes broadening its appeal to creative companies and at least 1,500 new residential units by 2030.
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UK factories expect strongest rebound since 1973 after COVID-19
The Confederation of British Industry’s latest quarterly business optimism gauge rose to +38 from -22 in January, its survey of UK manufacturers found.
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12 top European football clubs agree to found new Super League
The announcement has been met with disapproval from FIFA and other football governing bodies.
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How nonfungible tokens work and where they get their value
A cryptocurrency expert explains the basics of NFTs and the business and buzz behind them.
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UK investors expand anti-slavery push to construction, materials sectors
A 56-strong investor coalition is to engage with construction and materials companies this year to address forced labour.
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UK launches Recovery Loan Scheme as lockdown restrictions continue to lift
Business loans for up to £10 million under the scheme, which is open until 31 December, have an 80% government backing.
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US Treasury's Yellen calls for global minimum corporate tax
Nations need to end the "30-year race to the bottom” on corporate tax rates, the US Treasury secretary said.
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