The Irish loophole behind Apple's low tax bill21 May 2013, 4:46 pm
By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation has revealed that Apple, maker of iPhones, iPads and Mac computers, had channelled profits into Irish-incorporated subsidiaries that had "no declared tax residency anywhere in the world". ...
Egyptian troops mistakenly fire on a Sinai funeral21 May 2013, 4:41 pm
CAIRO (AP) — Egyptian officials say troops and police mistakenly fired on a Bedouin funeral in the Sinai during a sweep searching for security personnel kidnapped by suspected militants.
South Africa: Winnie Mandela forced auction flops21 May 2013, 4:36 pm
JOHANNESBURG (AP) — There were no bidders and no locksmiths willing to force entry for a scheduled auction Tuesday to sell artworks and other belongings of Nelson Mandela's ex-wife.
Pigeon sale yields world record for feathered Bolt21 May 2013, 4:36 pm
BRUSSELS (AP) — Flying high above Europe's economic crisis, a local lightning-fast pigeon called Bolt became the world's most expensive racing bird when his Belgian breeder sold it for 310,000 euros ($400,000) to a Chinese businessman.