
By John O'Donnell BRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. Michel Barnier, the European commissioner in charge of drafting business regulation, said in a speech in Amsterdam that rules which will force banks to report their profits, taxes and subsidies by country from 2015 should be extended to cover other companies. "We will expand these reporting obligations to large companies and groups," he said on Thursday. ...

MANCHESTER, England (AP) — Chelsea surged to the top of the weekly Associated Press global soccer poll after winning the Europa League and qualifying for the Champions League for the 11th straight season.

AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue.

AMSTERDAM (AP) — World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher Friday.
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