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After only one year tax on fatty foods has been abolished

Starbucks will start paying tax to UK Government for branches in the UK

California changes its tax laws, thus affecting Amazon expansion plans

Brewing giant SABMiller has said that profits gained, driven by growth in emerging markets. Pre-tax profit in the six months to September rose 12% to $2.28bn (£1.4bn), the firm said. "We have recently seen moderation of economic growth in some countries," SABMiller said. In terms of earnings before tax and other costs, Europe fell 10% to $516m.