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US firms like Apple, Microsoft, Wal-Mart stashed $1.6 trillion in tax havens: Oxfam

US firms like Apple, Microsoft, Wal-Mart stashed $1.6 trillion in tax havens: Oxfam

Poverty-fighting organisation Oxfam America said the sum for 2015 was a USD 200 billion increase over the prior year.

Are terrrorists taking online route to spread terrorism? Know the role of America's cloud computing

Are terrrorists taking online route to spread terrorism? Know the role of America's cloud computing

A DNA report shows that terror groups are constantly using technology to promote radicalisation and violence.

Bill against outsourcing jobs back in US Parliament, may hit Indian IT firms

Bill against outsourcing jobs back in US Parliament, may hit Indian IT firms

A bill seeking to prevent US companies from outsourcing jobs overseas by "abusing" H1-B programme has been re-introduced in the House of Representatives and may hit Indian IT firms and professionals.

US suspends fast processing of high-tech H-1B visa applications

US suspends fast processing of high-tech H-1B visa applications

The U.S. Citizenship and Immigration Services (USCIS) said on Friday that starting April 3 it will suspend "premium processing" for up to six months.

American companies want more clarity in India's tax policies

American companies are keen on investing in India but they want to see improvement in business climate like clarity in tax policies and streamlining of "complex" regulations, a top Obama Administration official has said.

China's government flexes muscles with Uber, DreamWorks probes

China's government flexes muscles with Uber, DreamWorks probes

The Chinese government said on Friday it was investigating two high-profile takeover proposals involving US companies, the latest sign of its growing influence on whether deals are approved - even those appearing to have little impact in China.

Top 50 US companies including Apple, Walmart, Google stashed $1.4 trillion in tax havens

Top 50 US companies including Apple, Walmart, Google stashed $1.4 trillion in tax havens

As many as top 50 US companies, including the likes of Apple, Walmart, General Electric, Microsoft, Google and Coca-Cola have a whopping $1.4 trillion stashed in offshore tax havens, an Oxfam report has revealed.

'Ease of doing biz issues to affect US investments to India'

Problems related to ease of doing business such as taxation, regulatory burdens and legal issues can deter American investors from investing in India, US Ambassador Richard Verma said Thursday even as he hoped that the USD 500 billion bilateral trade target would be achieved.

FM Jaitley exhorts US companies to invest more in infrastructure sector

Jaitley was addressing the 11th Indo-US Economic Summit, which among others was attended by the US Ambassador to India, Richard Verma.

'India, US must increase cooperation in financial services sector'

'India, US must increase cooperation in financial services sector'

India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.

Walmart leads Fortune 500 as Facebook surges in rankings

Walmart kept its lock on the top ranking of the Fortune 500 annual list of the largest US companies Thursday, while Apple was the most profitable and Facebook the most upward-bound, Fortune Magazine announced.

US firms like Microsoft, Google lead EU lobbying league

US companies, including tech rivals Microsoft and Google , were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed.

New Indian govt needs to ensure predictability: USIBC

For the first time India has a government that understands business and foreign investment, the new head of an influential Indo-US business advocacy group has said while cautioning that the country needs to ensure "predictability" on law, policy and bureaucracy.

Top US CEOs reaped billions from stock gains in recent years

CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.

64 US companies in Aero India 2015

US Ambassador to India Richard Rahul Verma Wednesday opened the US Pavilion at the Aero India, calling the exhibits "the best of US aviation and defence technology".

Barack Obama proposes 14% tax on US Cos'  untaxed foreign earnings

Barack Obama proposes 14% tax on US Cos' untaxed foreign earnings

President Barack Obama`s fiscal 2016 budget would impose a one-time 14 percent tax on some $2 trillion of accumulated US corporate profits earned abroad and set up a 19 percent tax on future foreign earnings, a White House official said on Sunday.

Over 20 companies to support Jan Dhan Yojana

Over 20 companies to support Jan Dhan Yojana

Over 20 Indian, US and other international private sector organisations will partner USAID in supporting the central government`s Jan Dhan Yojana programme, a statement said on Wednesday.

Modi-Rajan-Commodities trinity keeping India a favourite: Citi

India remains a consensus favourite investment destination for US companies, largely on the back of a 'Modi-Rajan-Commodities trinity', global financial major Citigroup said in a report Monday.

US closes loopholes to curb corporate tax inversions

The Treasury said the new rules are applicable to any deals not yet closed, which could possibly lead to the derailing of some large takeovers.

US private hiring slows, trade deficit widens

Private employers added 179,000 jobs to their payrolls last month after hiring 215,000 workers in April.