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Volkswagen faces Tuesday U.S. deadline for SUV emission repair plan
February 1, 2016 by admin · Leave a Comment
WASHINGTON (Reuters) – Volkswagen AG faces a Feb. 2 deadline to submit a repair plan for 80,000 diesel SUVs and larger cars that emit excess pollution, even as it considers buying back some vehicles and a prior fix plan for smaller vehicles was rejected.
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Volkswagen faces Tuesday U.S. deadline for SUV emission repair plan
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Taxi drivers in Hungary demand Uber to be shut down
January 18, 2016 by publisher · Leave a Comment
Taxi drivers in Hungary's capital demonstrated on Monday against ride-hailing service Uber, whose growing popularity they find unpalatable amid new regulations setting a fixed tariff for traditional taxi firms that is higher than Uber's. Taxis blocked a major road crossing in central Budapest and drove around in city streets blocking much of the road traffic in the capital's center. Uber …
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Taxi drivers in Hungary demand Uber to be shut down
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Lower legal bill boosts Citi profit but core revenue weak
January 15, 2016 by elegant · Leave a Comment
Citigroup Inc reported a massive jump in quarterly profit as a sharp drop in legal costs and gains from the disposal of unwanted assets masked weak revenue from its core business. Shares of Citi, which was displaced by Wells Fargo & Co as the No.3 U.S. bank by assets, fell as much as 7.2 percent to a near three-year low of $42.11 on Friday. Most banks have resorted to aggressive
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Lower legal bill boosts Citi profit but core revenue weak
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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands
December 3, 2015 by publisher · Leave a Comment
By Philip Blenkinsop BRUSSELS (Reuters) – Anheuser-Busch InBev is looking to sell SABMiller's Grolsch and Peroni brands to address potential concerns among European competition regulators over its planned acquisition of the world's second largest brewer. The sale of the brands and their related businesses in Italy, the Netherlands and Britain would be conditional on AB InBev acquiring SABMiller in a cash and share offer currently worth some 72 billion pounds ($108 billion). AB InBev said on Thursday…
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AB InBev seeks to sell SABMiller’s Grolsch, Peroni brands
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AB InBev, SABMiller extend takeover deadline to November 11
November 4, 2015 by publisher · Leave a Comment
Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by a further week in order to finalize shareholder support for the deal. The two companies said in a joint statement on Wednesday that London's Panel on Takeovers and Mergers had granted SABMiller's request to push back the deadline to 5 p.m. (12.00 midnight ET) on Wednesday, November 11. The …
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AB InBev, SABMiller extend takeover deadline to November 11