European Commission likely to approve easyJet’s $47 million acquisition of Air Berlin

The potential approval will enable easyJet to pull ahead of its peers, including Lufthansa and Ryanair. On Monday, as per sources familiar with the matter at hand, easyJet, a budget airline from Britain, is set to win an unconditional approval from EU antitrust authorities to buy parts of its German peer, Air Berlin. As a…

The EU surges ahead in its bid to find a common tax base across its member states

With the world’s richest nations dragging their feet on ways to find a common solutions on how to tax digital companies, including Facebook and Google, the European Commission has surged ahead in a bid to block some of the world’s wealthiest companies to exploit existing tax regulations to their favor. On Tuesday, U.S. companies operating…