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Irish cabinet delays decision on Apple tax appeal

August 31, 2016 by · Leave a Comment 

By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Ireland's cabinet could not agree on Wednesday whether to fight a European Commission ruling against Dublin's tax dealings with Apple , raising questions over any appeal and the government's stability. Finance Minister Michael Noonan has …

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Irish cabinet delays decision on Apple tax appeal

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Why China’s private sector needs a ‘high degree of attention’

May 16, 2016 by · Leave a Comment 

By Kevin Yao BEIJING (Reuters) – Xia Xiaokang and Bruno Chen, who both run private-sector companies, are the sort of businessmen that Chinese leaders are increasingly concerned about as economic growth slows. Beijing is counting on the private sector to invest more in the economy and take up the slack as the government tries to engineer a shift away from largely state-run heavy industry to more entrepreneurial and services-led growth. Unfortunately, just when China needs the private

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Why China’s private sector needs a ‘high degree of attention’

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Norway’s wealth fund to sue Volkswagen over emissions scandal

May 16, 2016 by · Leave a Comment 

(Reuters) – Norway's sovereign wealth fund, the world's largest, said on Sunday it plans to join the class-action lawsuits filed against Volkswagen AG over the German automaker's emissions scandal. “Norges Bank Investment Management intends to join a legal action against Volkswagen arising

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Norway’s wealth fund to sue Volkswagen over emissions scandal

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Oaktree urged Tribune Publishing to merge with Gannett: Barron’s

May 16, 2016 by · Leave a Comment 

Oaktree Capital Management urged newspaper publisher Tribune Publishing to negotiate a merger with Gannett Co Inc after it declined a purchase offer by Gannett, Barron's reported, citing 13D filings from May 5-11. Oaktree also stated that “in the event one or more other

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Oaktree urged Tribune Publishing to merge with Gannett: Barron’s

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Google faces record 3 billion euro EU antitrust fine: Telegraph

May 16, 2016 by · Leave a Comment 

Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union has accused Google of promoting its shopping service in Internet searches at the expense of rival services in a case that has dragged on since late 2010. Several people familiar with the matter told Reuters last month they believed that after three failed attempts at a…

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Google faces record 3 billion euro EU antitrust fine: Telegraph

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VW may offer discounts to owners of cars with illicit software, DPA says

January 20, 2016 by · Leave a Comment 

FRANKFURT/BERLIN (Reuters) – Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday. Volkswagen is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true …

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VW may offer discounts to owners of cars with illicit software, DPA says

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

December 9, 2015 by · Leave a Comment 

(Reuters) – Canadian yogawear retailer Lululemon Athletica Inc reported a 12 percent fall in third-quarter profit as costs soared.

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

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VW CO2 manipulations affect far fewer cars than reported: sources

December 9, 2015 by · Leave a Comment 

Volkswagen's investigations have shown that the carmaker has understated carbon dioxide (CO2) emissions of far fewer cars than originally expected, two sources at the company said on Wednesday. VW said last month it had falsified fuel usage and CO2 emissions in about 800,000 cars sold mainly in Europe, and was expecting costs of at least 2 billion euros ($2.19 billion) including compensation payments to customers. “Further investigations have shown that

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VW CO2 manipulations affect far fewer cars than reported: sources

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Halliburton refiles bid for EU approval of $35 billion Baker Hughes buy

November 29, 2015 by · Leave a Comment 

U.S. oil services provider Halliburton Co has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes , four months after regulators rejected an earlier application because of insufficient data. The European Commission will decide by Jan. 12 whether to clear the deal or open a full investigation…

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Halliburton refiles bid for EU approval of $35 billion Baker Hughes buy

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Musk’s Tesla faces German battle over battery-powered homes

November 29, 2015 by · Leave a Comment 

By Vera Eckert and Christoph Steitz FRANKFURT (Reuters) – If Elon Musk's vision of millions of households producing all their own power becomes a reality, it will probably happen first in Germany. The South African-born entrepreneur's company Tesla, best known for its electric cars, sparked global interest in the idea of…

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Musk’s Tesla faces German battle over battery-powered homes

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