Trump to meet Iraqi President Saleh at Davos

Washington: US President Donald Trump will meet his Iraqi counterpart and the head of the European Union executive body during his visit to Davos in Switzerland this week, the White House said Monday. The meeting with President Barham Saleh will be the first between Trump and Iraqi officials since tensions erupted over the US killing […]

Apple CEO Tim Cook urges global corporate tax overhaul

DUBLIN: Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration. The growth of internet giants such as Apple has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development […]

Bad loans swell at India shadow bank Altico

New Delhi: Bad loans probably ballooned last quarter at Altico Capital India Ltd., according to people familiar with the matter, a lender that’s seen as a barometer in India’s evolving shadow bank crisis. Soured debt was provisionally estimated at close to 40 per cent of total credit end-December, up from 23.8 per cent in September, […]