EU rules German minimum wage law on foreign truckers is illegal

A German law ordering foreign truck drivers be paid the German minimum wage for any hours spent driving across the country is illegal, the European Commission said on Tuesday.

G20 experts to act on corporations’ internal loans that help cut tax

Tax experts responsible for the G20-led shakeup of international tax rules are discussing radical measures to bar global corporations from using internal loans, that bear no relation to their borrowing needs, in order to avoid tax.

UK monthly exports to China hit £1bn for first time

Britain's monthly exports to China have hit the £1bn level for the first time amid signs that UK firms are diversifying away from the crisis-hit eurozone.

Italy's austerity drive can't save it from Spanish fate

Italy is just like Spain, just a bit more Catholic. That may seem like an obvious statement in religious terms after a steep fall in observance across Spain and when the Vatican City remains the home of the Catholic leader.