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Japan's economy, the world's third largest, unexpectedly shrank for the second consecutive quarter in Q3 2014, leaving the country in technical recession. Gross domestic product...

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The G20 summit in Brisbane has been closed by Australia’s PM Tony Abbott who detailed economic pledges agreed by world leaders. The leaders agreed to...

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Romanian voters are set to elect a new president in a run-off vote which pits social democrat PM Victor Ponta against centre-right candidate Klaus...

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Walmart employees pushing for higher wages announced on November 14 they were planning protests at 1,600 Walmart stores nationwide on Black Friday. Black Friday is...

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Virgin America airline shares surged more than 30% in the first day of trading on the NASDAQ stock exchange in New York. Richard Branson owns...

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On November 14, the House of Representatives passed legislation authorizing construction of the Keystone XL oil pipeline by a decisive vote of 252 to...

Italy's economy has fallen back into recession after contracting for two quarters in a row

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The UK economy is set to grow by around 0.5 percent before the end of 2014, according to a recent survey. Even though this...

Alibaba considers issuing first US bond sale

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Alibaba will meet with investors next week as it considers issuing its first US bond sale. The Chinese e-commerce giant has hired Morgan Stanley, Citigroup,...

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Oil industry giants, Halliburton and Baker Hughes, are in talks about a possible merger. Baker Hughes, the industry's third largest services provider, confirmed press reports,...

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Warren Buffett's Berkshire Hathaway has announced it will acquire battery maker Duracell from Procter & Gamble. Last month, Procter & Gamble had announced plans to...

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President Barack Obama has defended plans to use his overriding executive powers to push through changes to the US immigration system. Barack Obama said Congress...

Brent crude oil price has fallen below $80 a barrel

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Brent crude oil price has fallen at a four-year low, from $3.60 or 4.4% to $77.52. The benchmark US crude oil price is also at...

Honda recalled nearly 10 million vehicles with potentially defective Takata airbag inflators since 2008

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Honda Motor Co has widened its recall for the defective airbags by another 170,000 vehicles globally, taking its total recalls to nearly 10 million...

2013 Black Friday sales dipped for the first time in seven years

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The holiday season is a time for spending. According to the National Retail Federation's (NRF) Holiday Consumer Spending Survey, the average person will spend...

Yahoo has announced it will buy digital video advertising service BrightRoll for $640 million

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Yahoo has announced it will buy digital video advertising service BrightRoll for $640 million. The move would allow Yahoo to grow its video advertising platform,...

Singles' Day is considered the world's biggest online retail sales day

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Alibaba has sold $2 billion of goods in the first hour of China's annual Singles' Day (Guanggun Jie). That compares with $3.1 billion in sales...

Harold and Sue Ann Hamm wed in 1988 and had no prenuptial agreement

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Continental Resources CEO Harold Hamm has been ordered to pay $995.5 million to his ex-wife Sue Ann Hamm in one of the largest-ever US...

The Supreme Court will hear a second legal challenge to President Barack Obama's signature 2010 healthcare law

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A second legal challenge to President Barack Obama's signature 2010 healthcare law (ObamaCare) will be reviewed by the Supreme Court, the court has said. The...

The US unemployment rate has fallen to 5.8 percent in October 2014

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The US unemployment rate has fallen to 5.8% after the economy added 214,000 jobs in October 2014, official Labor Department figures show. The number of...

Detroit became the largest ever in the US to go broke in 2013

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Judge Steven Rhodes has approved of Detroit's plan to exit from bankruptcy, 16 months after the city became the largest ever in the US...

Home Depot says hackers who stole payment-card details of millions of customers also stole 53 million email addresses

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Home Depot says hackers who stole payment-card details of millions of customers also stole 53 million email addresses. The retail giant said hackers accessed its...

President Barack Obama was joined by the House and Senate leaders in holding cross-party talks aimed at ending political gridlock in Washington

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President Barack Obama was joined by the House and Senate leaders in holding cross-party talks aimed at ending political gridlock in Washington. The White House...

shopify-system

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The critical moment of transaction processing can either provide signal advantages or result in lost opportunities, and in many cases this depends on the...

Taxation Law

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Tax can be a minefield. As a small business owner, trying to get your head around the myriad of tax laws can be something...

Tax Payments: Questions & Answers

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It doesn’t matter if you own a business or work for someone else, paying taxes is an essential part of life. You cannot avoid...