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Mitsubishi Motors brings in new R&D chief, restates results after scandal

May 25, 2016 by · Leave a Comment 

Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one…

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Mitsubishi Motors brings in new R&D chief, restates results after scandal

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Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe

May 25, 2016 by · Leave a Comment 

By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust officials are investigating Anheuser-Busch InBev over its new incentives that encourage independent distributors to sell more of its own beer brands at the expense of competing craft brews, two people with knowledge of the matter said. Budweiser owner AB InBev has 45.8 percent of the U.S. beer market but has seen sales dwindle at least partially because of rising craft beer sales. The U.S. Department of …

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Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe

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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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Exclusive: Verizon set to make Yahoo’s bidder short list – sources

April 20, 2016 by · Leave a Comment 

Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree

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Exclusive: Verizon set to make Yahoo’s bidder short list – sources

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EU charges Google with abusing market dominance of Android

April 20, 2016 by · Leave a Comment 

Google found itself under fire again on Wednesday from EU antitrust regulators who say it abused the dominant position of its Android mobile operating system, a move which could hit a key money-spinner for the company. Google is already facing EU charges of promoting its own shopping service in Internet searches at the expense of rival products, a case which has dragged on since…

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EU charges Google with abusing market dominance of Android