Amazon was told on Wednesday to pay about 250 million euros (221.44 million pounds) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals.
The EU's efforts to regulate chemicals which can potentially disrupt the body's hormones suffered a setback on Wednesday when MEPs blocked a key proposal. The chemicals can be found in many products including cosmetics.
The European Union ordered the world's largest online retailer Amazon on Wednesday to pay back about 250 million euros (221.44 million pounds) in taxes to Luxembourg, saying it had had an unfair tax advantage from 2003.
Some of the world’s top brands jewellers and cosmetics giants are failing to disclose slavery and trafficking risks in their operations and supply chains, British anti-slavery experts said on Wednesday.
Two members of Tesco’s financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Tuesday.