Britain plans to introduce a tax to target multinationals such as Google Inc (GOOGL.O) and Amazon Inc (AMZN.O) accused of using complex accounting schemes to cut their payments on earnings in the country.
Europe
Hornby to sell James Bond merchandise as 007 returns
British toymaker Hornby will sell model vehicles based on the new James Bond film, extending a tradition dating back half a century as the suave British agent returns to the screen.
Spying techniques exposed by Snowden not unlawful
British spies did not break laws guaranteeing human rights when they used mass monitoring techniques revealed by former U.S. National Security Agency contractor Edward Snowden, the country's surveillance watchdog ruled on Friday.
U.S. ready to help Hungary build energy independence: diplomat
The United States is willing to help Hungary and other European countries build energy infrastructure to reduce its dependence on Russian oil and gas, U.S. Chargé d'Affaires in Budapest André Goodfriend has told Nepszava newspaper.
Lockheed missile deal with Poland worth $250 million: defense ministry
A contract won by Lockheed Martin Corp (LMT.N) to supply Poland's air force with JASSM long-range air-to-surface missiles is worth about $250 million, the Polish defense ministry said.
Latest News
Russia hopes to place shares of shipping company Sovkomflot in New York as part of its privatization plans, a deputy minister of transport told reporters on Friday, a move which could face resistance due to confrontation with the West over Moscow's role in Ukraine.
With freezing temperatures gripping Kiev, Ukraine's state energy firm Naftogaz said on Friday it had transferred $378 million to Russia's Gazprom to buy Russian gas for December, paving the way for the first shipments since Moscow cut supplies in June.
A possible public listing of a stake in the base metals unit of Brazil's Vale SA (VALE5.SA) hinges on a rally in nickel prices of around 20 percent, its chief financial officer said on Friday.
Alstom (ALSO.PA), which is selling most of its power arm to General Electric (GE.N) to focus on train-making, could halve staff at its Belfort plant in eastern France to cope with flagging locomotive demand, Alstom's main union warned on Friday.
Regulators in France, Germany, Belgium and Luxembourg are suspending the marketing approval of 25 generic drugs due to concerns over the quality of data from clinical trials conducted by India's GVK Biosciences, French watchdog ANSM said on Friday.
Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, according to a document obtained by Reuters, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program.
Coming up next week: China CPI, Swiss Libor Rate, New Zealand official cash rate, Euro LTRO to start
In the upcoming week, China's trade balance, consumer price index and industrial production are scheduled for release, Swiss National Bank libor rate and monetary policy statement are to be announced...
European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.
GlaxoSmithKline said on Thursday it had decided not to sell a portfolio of older drugs marketed in North America and Europe after considering offers from potential buyers.
