Apple ordered to repay Ireland record €13 billion over undue tax benefits

Apple ordered to repay Ireland record €13 billion over undue tax benefits

EU antitrust regulators ordered Apple on Tuesday to pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid. The massive sum, 40 times bigger than the previous known demand by the European Commission to […]

Russian adventurer ‘breaks round-the-world hot air balloon record’

Russian adventurer ‘breaks round-the-world hot air balloon record’

Russian adventurer Fedor Konyukhov has broken the record for the fastest round-the-world flight in a hot air balloon, his crew said Saturday, surviving a gruelling endurance test of storms and freezing temperatures. Flight coordinator John Wallington said Konyukhov, who took off from Western Australia on July 12, had successfully flown the route by Saturday afternoon. […]