An EU ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday. Ireland to appeal EU Apple tax ruling Last week,...

China and the United States on Sunday committed anew to refrain from competitive currency devaluations, and China said it would continue an orderly transition to a market-oriented exchange rate for the yuan CNY=CFXS. A joint "fact sheet", issued a day after U.S. President Barack Obama and...

Iraq’s former Prime Minister Iyad Allawi believes that the Iraqi parliament is incapable of playing its regulatory and legislative roles. In an exclusive interview with Anadolu Agency, Allawi said recent graft accusations against the parliament speaker and withdrawal of confidence from the...

The dog days of summer have lived up to their sleepy reputation this year as far as U.S. stocks are concerned, but market gyrations could soon pick up as a traditionally more volatile time of year looms. The S&P 500 index's 1-month realized volatility, a measure of market choppiness over...