Fortune 500 firms avoiding paying taxes

Fortune 500 firms collectively owe about $US2.1 trillion in taxes, according to a study.

Fortune 500 companies are avoiding paying taxes by holding more than US$2.1 trillion overseas.

Is China heading for a crash?

Uncertainty about the Chinese economy is an important source of negative sentiment, says Deutsche Bank's senior economist.

China's economic slowdown has economists worrying that something much more dramatic might be around the corner.

A stylish US$165m start-up

Canva CEO Melanie Perkins said the latest funding round would be used for product development and international expansion.

Canva​ founder Melanie Perkins wild ride as resulted in a multi-million dollar deal.

Hong Kong's growing population of 'McRefugees'

Homeless people frequent McDonald's because they offer a public refuge found in few other parts of Hong Kong.

After spending 24 hours at the restaurant, she was found slumped over a table in the corner.

IMF cuts global growth forecasts

The world economy is expected to grown at 3.1 per cent this year.

International Monetary Fund cuts its global growth forecasts for a second time this year

More jobs could go at Air France

Air France executive Xavier Broseta confirmed on Monday the airline would be cutting staff.

Air France will cut another 5000 jobs if the second phase of its cost-cutting plan goes ahead.

Ex-UN president charged for bribes

Former UN General Assembly president John Ashe of Antigua and Barbuda has been charged in bribery scandal.

US authorities charge a former president of the UN General Assembly for engaging in a wide-ranging corruption scheme.

The rising human cost of the Islamic State economy

The Al-Azraq camp for Syrian refugees in Jordan. In the midday sun the deserted streets are empty in the camp except for children.

Before the Islamic State captured a town in Syria, gas for the stove cost the equivalent of 50 cents. But as the militants settled in, the cost shot up to US$32 (NZ$49).

Wall St stocks jump again

US stocks have jumped again, for the fifth day in a row.

US stocks have risen for the fifth day in a row on the back of rising oil prices and a possible delay in interest rates hike.

A great deal for NZ?

Trade Minister Tim Groser at the Trans-Pacific Partnership press conference.

Kiwis won't face increased medicine costs as a result of the Trans-Pacific Partnership deal.

BP to pay US$20b for oil spill

rig explosion at Deepwater Horizon in the Gulf of Mexico killed 11 workers and spewed oil for nearly three months in April, 2010.

Gulf of Mexico oil spill in 2010 will end up costing BP more than US$20 billion in fines.

'Extremely poor' to fall below 10 percent

World Bank President Jim Yong Kim says that ending extreme poverty around the globe could be possible.

The number of people living in extreme poverty is likely to fall for the first time below 10 percent of the world's population.

On the road to success in Iran

"I came across a lot of cultural barriers with the mindset of people, rather than legal barriers," says Fatemeh Moghimi, who founded an international transportation company.

Fatemeh Moghimi had a tough time starting her haulage business in Iran 26 years ago.

'We're not just for hipsters' says cereal cafe

"We've worked hard and saved for years to achieve our dream", says Alan Keely who founded the the Cereal Killer Cafe with his brother.

The London cereal cafe recently targeted by activist hits back at detractors.

Wall St execs should have been jailed

Former US federal reserve chairman Ben Bernanke.

Wall Street executives should have gone to jail for their roles in the 2008 financial crisis, says former Federal Reserve chair.

VW calls board meeting as it faces crisis

Europe's biggest carmaker, Volkswagen, faces the worst crisis in its 78-year-history.

Volkswagen's board will hold an extraordinary meeting as it faces its worst crisis in 78 years.

Investors brace for stocks to fall.

Traders on the floor of the New York Stock Exchange. Socks have had their worst quarter in four years.

The global market volatility of the past month has sent US stocks to their worst quarter in four years.

TPPA - are we there yet?

Prime Minister John Key says New Zealand has never been sued before under a trade agreement.

Pharmaceutical breakthrough, but TPPA still isn't "a very good deal for dairy", says PM.

The six-hour day works

Businesses across Sweden are implementing the change so workers can spend more time at home or doing the activities they enjoy.

Shorter days make happier employees and that brings business benefits.

ANZ's Kiwi boss faces a changing environment

Kiwi Shayne Elliott is the new chief executive of ANZ bank.

The environment facing ANZ's new Kiwi chief executive Shayne Elliott is a far cry from what Mike Smith inherited when he took the reins at the Asia-focused bank in 2007.

Eerie crash images released

Images of crashed Air Canada flight show damage to the inside of the Airbus.

Recently released images show damage to the passenger cabin of a flight that crashed in snow.

VW on the road to trouble

Thanks to Volkswagen, Wolfsburg boomed post World War II.

Volkswagen put German town Wolfsburg on the map, now the place are preparing for tough times.

31 million potential clients

Metaverse Nails: capturing overseas markets.

She's pioneering 3D nail art and the Chinese market is lapping it up.

TPP may be sealed this week

John Key speaks at the Asia Society in New York on Wednesday.

John Key told the Asia Society in New York the deal might be completed very soon.

7-Eleven CEO and board chair quit video

7-Eleven chairman Russ Withers has resigned in the wake of the wage scandal. He has said previously the company was 'blindsided' by the underpayments.

Crisis at 7-Eleven empire is like a 'boiling frog', says company's new chairman.

Boss from hell? News Corp's Rebekah Brooks

Rupert Murdoch is seen leaving his flat with Rebekah Brooks (R), who will return as CEO of News Corporation's UK division.

A former newspaper editor spills the beans on his ex-boss, Rebekah Brooks.

Is this the TPPA finish line?

Trade Minister Tim Groser is heading to Atlanta for a ministerial meeting on the TPPA.

Trade Minister Tim Groser heads to talks which aim to complete negotiations.

TPP nearing do or die time

The Trans Pacific Partnership Agreement has attracted vocal opposition

Could it be high noon for the controversial TPPA?

Qantas could return $2.6b to investors

Qantas is expected to unveil more treats for shareholders as the airline heads for a record profit this year.

Qantas has enough cash to treat shareholders as it heads for record profit, Deutsche Bank say.

Rupert Murdoch's pay falls

Murdoch's base salary remained the same at US$7.1 million.

Media mogul takes home nearly $44 million - but that's for just one of his roles.

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