NewsRack: 'Trade' news in 'Business' topic for user newstrust

Seize the new opportunities in India-China cooperation (Cached)	22.5.2013	Rediff: Columns
We present the translation of the full speech given by Chiese Prime Minister Li Keqiang at the Indian Council of World Affairs in New Delhi on Tuesday.
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JP Morgan boss wins shareholder vote	22.5.2013	BBC: Front Page
JP Morgan chairman and chief executive Jamie Dimon will keep both jobs after shareholders voted in his favour.
Apple chief calls on US government to slash US corporate tax	22.5.2013	The Guardian -- Front Page
Tim Cook warns Congress that he would refuse to repatriate $100bn stashed offshore unless US severely reduced its 35% tax rate Apple has called for US corporate tax rates to be slashed after it admitted sheltering at least $30bn (£20bn) of international profits in Irish subsidiaries that pay no tax at all. In a dramatic display of how threats from multinational corporations are driving down taxes across the world, chief executive Tim Cook warned Congress that he would refuse to repatriate a total of $100bn stashed offshore unless it acted to slash the 35% US rate. Cook said the tax rate for repatriated money should be set "in single digits" to persuade companies to bring it back. Standard tax for US profits should be, he said, in the "mid 20s". He also revealed that Apple had struck a secret deal with the Irish government in 1980 to limit its domestic taxes there to 2%. Three subsidiaries based in Ireland are also used to shelter profits made in the rest of Europe and Asia but are ...
Dimon hangs on to chairman, CEO titles at JPMorgan	22.5.2013	Chicago Tribune: Nation
Dimon hangs on to chairman, CEO titles at JPMorgan
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Mass. US Senate race focuses on 9/11 resolutions	21.5.2013	Boston Globe: Massachusetts
Mass. US Senate race focuses on 9/11 resolutions
China vice-premier in Zimbabwe for start of trade and development trip before Africa summit	21.5.2013	Star Tribune: World

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Union boss clashes with Mandelson	21.5.2013	BBC: Front Page
Unite leader Len McCluskey hits back at claims by Lord Mandelson that his union is trying to rig Labour candidate selection.
Israeli, Syrian troops trade fire in Golan Heights	21.5.2013	Washington Post: World
JERUSALEM — Israeli military and Syrian regular army troops exchanged fire early Tuesday along the cease-fire line in the occupied Golan Heights, an area that has become a potential flashpoint for spillover from the civil war in Syria. ...
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Roberto Azevedo's WTO appointment gives Brazil a seat at the top table	21.5.2013	The Guardian -- World Latest
New director general was not Britain and the US's preferred candiate but gives developing nations a voice at WTO Earlier this month the World Trade Organisation (WTO) announced that it had chosen the Brazilian Roberto Azevedo, 55, as its next director general. In September he will take over from France's Pascal Lamy , who has served two four-year terms. It is a personal success for this career diplomat, but it is also a victory for Brazil on the international scene. The Brazilian diplomatic corps pulled out all the stops to convince a majority of the 159 member states that their candidate was the right choice. But Azevedo's appointment is also a new departure, this being the first time that a Brazilian has headed one of the key bodies in the postwar Bretton Woods system. The country at last has a seat at the top table. The vote "shows a global order in transformation", said foreign minister Antonio Patriota, with "emerging markets [showing] leadership". The selection process took more ...
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Apple tax row: Ireland says its tax regime is not to blame	21.5.2013	The Guardian -- World Latest
Deputy prime minister Eamon Gilmore insists any loopholes in international tax rules exploited by Apple were 'issues that arise from other jurisdictions' Ireland's deputy prime minister Eamon Gilmore has insisted any loopholes in international tax rules exploited by Apple were not the fault of the Irish tax regime. Some of the computing group's Irish subsidiaries have been criticised by a US Senate committee because they appear not to be designated as tax-resident anywhere in the world. One source on the committee called them "iCompanies – 'I' for imaginary, invisible". A main European subsidiary of Apple Inc, a holding company that includes Apple's retail stores throughout Europe, had not paid any corporate income tax in the last five years, according to a 40-page memorandum from the cross-party committee. "They are not issues that arise from the Irish taxation system," said Gilmore, an Irish Labour party politician who is also Ireland's minister for foreign affairs and trade. ...
Obama to Meet With China's Xi in California June 7-8	21.5.2013	International Herald Tribune: Americas
Obama to Meet With China's Xi in California June 7-8
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In New Delhi, Chinese Leader Promotes Trade Ties	21.5.2013	NYT > World
In New Delhi, Chinese Leader Promotes Trade Ties
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New Pak govt may consider importing electricity from India	21.5.2013	Hindu: News
Pakistan’s new government will consider importing 1,000 MW of electricity from India as part of a short to medium-term strategy to end power outages, according to a media report on Tuesday. <...
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Indian media: Ties with Beijing	21.5.2013	BBC South Asia
Media in India focus on Chinese Premier Li Keqiang's talks with PM Manmohan Singh and the impact of spot-fixing allegations on the Indian Premier League tournament.
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India, China have far more common interests: Li Keqiang (Cached)	21.5.2013	CNN-IBN: India
Pledged to build trust with India, Chinese Premier Li Keqiang said that the two countries have far more common interests than differences.
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The rise of food swapping	21.5.2013	BBC: Front Page
The people who trade garlic for ice cream
North Korea releases detained Chinese sailors (Cached)	21.5.2013	Hindustan Times: Top Stories
North Korea releases detained Chinese sailors
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U.S., Europe ready to settle Chinese solar cases	21.5.2013	Star Tribune: Business

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Bahrain digs unveil one of oldest civilisations	21.5.2013	BBC: Front Page
Digs shed light on one of world's oldest civilisations
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Letter: Security at the Trade Center, as the Police Dept. Sees It	21.5.2013	NY Times: Editorials
Letter: Security at the Trade Center, as the Police Dept. Sees It
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