Despite increased global efforts to curtail it, corruption remains a significant obstacle to international businesses, according to a survey of 824 companies worldwide.
For about a decade now, policy makers and the soda industry have been fighting about the idea of a big soda tax. Proponents say it would fight obesity by reducing consumption of sugary drinks. A leading objection by the industry is that the tax simply would not work.
The barcode label contains far more than shipping information or data about a product's contents, it has the prescription for your company's successful supply chain.
In 2011, batches of a cancer medication called Avastin, on their way to U.S. doctors from Canada, were found to contain no active ingredients. They were counterfeit - a rarity on U.S. soil. While no patient ever received the drugs, the fact that a potentially life-threatening counterfeit was able to make it to the U.S. shocked the pharmaceutical industry. It pointed to a growing trend - triggered by the rise of e-commerce and globalization - reaching the United States.
Most senior tax executives see significant international tax changes over the next two years spurred by the Organisation for Economic Co-operation and Development's base erosion and profit shifting (BEPS) project, according to a survey released by EY at its 34th Annual International Tax Conference.
Negotiations over the Trans-Pacific Partnership have at long last come to a successful end. But ratification of the agreement is far from assured - and some key questions remain to be answered.
What seemed like a sure deal may not be a slam-dunk after all. Regulators in the European Union have said they may consider demanding concessions, including the selling off of some assets, with regard to the proposed takeover of TNT Express by FedEx Corp.
After watching the price of oil and the size of their profits plunge, a dozen top executives from some of the nation's largest oil exploration companies flew to Washington late last winter on an urgent mission: push Congress and the White House to allow unlimited exports of American crude oil.