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| Swiss propose corporate tax reforms after EU pressure |
 By Caroline Copley BERNE (Reuters) - Switzerland outlined plans on Friday to reform the way it taxes companies as it seeks to counter criticism from Brussels while trying to remain attractive to the many multinationals based in the country. The Swiss have lured thousands of foreign companies including online retailer eBay and trading giant Glencore by taxing foreign profits at a lower rate than domestic earnings, a practice known as "ring fencing". ...
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| Stocks edge higher in early trading on Wall Street |
 NEW YORK (AP) — Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.
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| Nigeria's Fidelity Bank says Q1 pretax profit up 40 pct |
| LAGOS (Reuters) - Nigeria's Fidelity Bank said on Friday its first-quarter pretax profit rose 40.42 percent year-on-year to 5.94 billion naira, up from 4.23 billion naira a year ago, the bank said. Gross earnings at the mid-tier lender rose to 31.43 billion naira during the three months as against 22.43 billion naira in the same period last year. |
| Nigeria earns 621 bln naira in revenues in April |
 ABUJA (Reuters) - Nigeria's government received 621 billion naira in revenues in April, up from 595.7 billion the previous month owing to improved earnings from domestic crude and a petroleum profit tax, the accountant general said on Thursday Accountant General Jonah Otunla said Nigeria had distributed 721.5 billion naira to its three tiers of government -- federal, state and local -- including funds from a repayment by the state oil firm and savings from lower fuel subsidy costs.
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| Dell's 1Q earnings fall 79 pct as PC sales sag |
| ROUND ROCK, Texas (AP) — Dell's earnings plunged 79 percent in the latest quarter as the shift to smartphones and tablets reduced demand for the company's personal computers. |
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