Breaking Finance news

First high-level attempt to address the issue since efforts to create a sovereign debt mechanism failed a decade ago

Mixed public reaction to proposal to construct spherical greenhouses where the online retailer’s staff will work surrounded by shrubbery and trees

EU proposes more stringent rules on state bailouts by which investors would suffer heavier losses and would be levied before taxpayers

Ai Weiwei, the Chinese artist, has dedicated to dissidents everywhere a heavy-metal video he has made that satirises the power of state authorities

Investors targeted their disapproval at the bank’s independent directors in an unusually large vote against the re-election of Ellen Futter, David Cote and James Crown

Tim Cook, Apple chief executive, defended the technology group’s tax practices and denied it was engaged in massive tax avoidance schemes

Blow to Italy underlines the attractiveness of the UK’s increasingly light corporate tax regime

US stocks reach fresh record highs as investors await further clues on the outlook for monetary policy from the Federal Reserve chairman

German software group wants to tap into a new talent pool by hiring hundreds of people with the condition to programme and test its ­products

The successor to the Xbox 360 represents Microsoft’s bid to be the favoured content provider in the living room against competition

Facebook fatigue manifesting as move by teenagers to set up extra accounts on rival sites to avoid parents’ scrutiny, according to Pew Research Centre

Oil group aims to stop what it believes are unjustified compensation payments under the settlement it agreed with victims of the 2010 Gulf of Mexico oil spill

Guardian Council bans Esfandiar Rahim-Mashaei, an ally of outgoing President Mahmoud Ahmadi-Nejad, from participating

A former chairman of Wycombe Conservative Association believes the fight against the same sex marriage bill is growing, but many deem it irrelevant

Several Conservatives, including Edward Leigh, a Tory backbencher, spoke out against the equal marriage bill on Monday during an impassioned debate

The Senate report said Apple’s use of loopholes for international profits allowed it to save tax on $44bn in ‘otherwise taxable offshore income’

Core Media Group has begun approaching potential bidders from Asia, Europe and the US for Elvis Presley Enterprises and Muhammad Ali Enterprises

Some users of the blogging site expressed dismay about the takeover and have started moving their blogs to rival platforms such as WordPress

Emirate launches another push into banking sector by making fresh investments in Russia’s VTB and Germany’s Deutsche Bank

German strategy would thwart UK premier’s plans to use eurozone reforms to renegotiate Britain’s relationship with bloc and repatriate powers