Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in US taxes by shifting profits to foreign affiliates.
› Apple grilled over tax-dodging› Mediclinic earnings skyrockets› Obama to visit South Africa
The IMF is set to tell the British government to dump its stakes in Royal Bank of Scotland and Lloyds following their bail-out during the financial crisis.
› SA mulls tourist visas› Visas for Brits bad for SA› Vodacom profit up 23%
The Cypriot Finance Minister said the island could suffer a double-digit contraction in GDP this year as a result of swingeing cuts adopted in return for a eurozone bailout.
› 'SA gold miners most exposed'› Gold breaks long losing streak› Lebabon eyes gas, oil cash cow
Japan's trade deficit expanded a worse-than-expected 70 percent on year to $8.6 billion in April, government data showed Wednesday, as a weaker yen made imports costlier.
› Greece: 6th year of recession› N Korea official visits China› SA steel production down 15.1%