Amazon.com must pay nearly $300m in back taxes to Luxembourg, European authorities say after concluding that the tech giant had benefited from an illegal tax arrangement dating to 2003.

Euro-area factories are scrambling to add staff as burgeoning orders stretch capacity.

If you thought the act of purchasing transportation was as simple as paying a carrier to haul your freight - well, think again.

Detroit's largest auto makers ramped up plans for electric vehicles in coming years, the latest push from traditional car companies to respond to tougher emissions regulations and the prospect that some markets across the globe could eventually ban internal combustion engines powered with fossil fuels.

Investment in U.S. data centers grew to $18.2bn in the first half of this year, more than double the amount spent in all of 2016, according to a new report. The total includes money spent on building or buying data centers.