Australia to learn from UK Google tax

Australia to learn from UK Google tax

AAP Australia and the UK are joining forces to clamp down on profit-shifting by multinational companies, but Treasurer Joe Hockey insists that won't involve a new tax here. Mr Hockey and British Chancellor of the Exchequer George Osborne agreed at last week's G20 meeting in Washington to set up a working group after the British election in May to tackle tax avoidance by big global companies. "Au…

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  • Niger says 2.5 million suffering food insecurity AFP - 21 hours ago
    Niger says 2.5 million suffering food insecurity

    More than 2.5 million people in Niger are suffering from food insecurity because of a shortfall in the cereal harvest due to bad weather and crop pests, the agriculture minister said Saturday. "A survey conducted since December 2014 indicated that 15.7 percent of the population, or 2,588,128 people, are in a situation of food insecurity, including 410,297 in severe insecurity," Maidagi Allambeye told MPs. The situation has been aggravated by the presence of some 200,000 refugees who had fled attacks by Boko Haram and other militants. Food insecurity in the poor Sahel country, which is plagued by recurring food crises, is linked to a cereal deficit of more than 230,000 tonnes at the end of the 2014 crop year, he explained.

  • Recalls this week: blowers, bike hooks, mattresses, toys Associated Press - Sat, Apr 18, 2015 8:50 AM AEST

    A line of bike hooks that can unexpectedly detach from their mounting are among this week's recalled consumer products. Other recalls include mattresses that failed flammability standards and truck and ...

  • Correction: Bird Flu story Associated Press - Sat, Apr 18, 2015 8:24 AM AEST

    In a story April 16 about bird flu, The Associated Press reported erroneously that recent outbreaks had led to the death of more than 2.5 million turkeys and chickens. The correct figure at the time was ...

  • Final Glance: Food companies Associated Press - Sat, Apr 18, 2015 8:03 AM AEST

    Shares of some top food companies were down at the close of trading: ConAgra Foods Inc. fell $.08 or .2 percent, to $37.30. General Mills Inc. fell $.14 or .2 percent, to $56.09. Hormel Foods Corp. fell ...

  • Final Glance: Tools and Appliances companies Associated Press - Sat, Apr 18, 2015 8:03 AM AEST

    Shares of some top tools and appliances companies were down at the close of trading: General Electric Co. fell $.03 or .1 percent, to $27.25. Snap-On fell $1.97 or 1.3 percent, to $146.16. Stanley Works ...

  • Final Glance: Consumer companies Associated Press - Sat, Apr 18, 2015 8:03 AM AEST

    Shares of some top consumer companies were down at the close of trading: Clorox fell $1.10 or 1.0 percent, to $109.26. Colgate-Palmolive Co. fell $.80 or 1.1 percent, to $69.28. Kimberly-Clark Corp. fell ...

  • Final Glance: Beverages companies Associated Press - Sat, Apr 18, 2015 8:03 AM AEST

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR fell $.88 or .7 percent, to $123.71. Coca-Cola Co. fell $.30 or .7 percent, to $40.30. Dr Pepper Snapple ...

  • Final Glance: Autos companies Associated Press - Sat, Apr 18, 2015 8:03 AM AEST

    Shares of some top autos companies were mixed at the close of trading: Ford Motor Co. fell $.18 or 1.1 percent, to $15.76. General Motors Co. fell $.44 or 1.2 percent, to $36.64. Honda Motor Co. rose $.12 ...

  • Barbie shows signs of life as Mattel plots comeback Associated Press - Sat, Apr 18, 2015 7:32 AM AEST
    Barbie shows signs of life as Mattel plots comeback

    Things are finally looking up for Barbie. Mattel, the toy company behind the plastic dolls, said there were some signs of improving demand for Barbie ahead of its planned makeover of the brand, including ...

  • No. 1 egg-producing state aims to keep bird flu out Associated Press - Sat, Apr 18, 2015 7:29 AM AEST
    No. 1 egg-producing state aims to keep bird flu out

    The discovery of bird flu on an Iowa turkey farm has raised serious concerns that the poultry-killing virus could find its way into chicken barns in the nation's top egg-producing state and rapidly decimate ...