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How Pfizer has shifted U.S. profits overseas for years

By Tom Bergin and Kevin Drawbaugh RINGASKIDDY, Ireland (Reuters) – Drugmaker Pfizer's plans to take over Allergan have faced a political backlash in the United States over fears a deal would lead to the company shifting its headquarters and taxable profits to Ireland. Pfizer and Allergan are in talks to create the world's biggest drug company by market value and analysts expect a deal would likely involve…

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How Pfizer has shifted U.S. profits overseas for years

How Pfizer has shifted U.S. profits overseas for years

By Tom Bergin and Kevin Drawbaugh RINGASKIDDY, Ireland (Reuters) – Drugmaker Pfizer's plans to take over Allergan have faced a political backlash in the United States over fears a deal would lead to the company shifting its headquarters and taxable profits to Ireland. Pfizer and Allergan …

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How Pfizer has shifted U.S. profits overseas for years

Marriott to buy Starwood to create world’s biggest hotel chain

The combined company will have over 5,500 hotels with 1.1 million rooms worldwide, giving Marriott greater presence in markets such as Europe, Latin America and Asia and allowing it to better compete with apartment-sharing startups such as Airbnb. About three-quarters of Marriott's rooms are in the United States. Markets outside North America had about half of Starwood's rooms, but accounted for nearly two-thirds of its revenue in 2014.

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Marriott to buy Starwood to create world’s biggest hotel chain

Marriott to buy Starwood to create world’s biggest hotel chain

The combined company will have over 5,500 hotels with 1.1 million rooms worldwide, giving Marriott greater presence in markets such as Europe, Latin America and Asia and allowing it to better compete with apartment-sharing startups such as Airbnb. About three-quarters of Marriott's rooms are in the United States. Markets outside North America had about half of Starwood's rooms, but accounted for nearly two-thirds of its revenue in 2014.

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Marriott to buy Starwood to create world’s biggest hotel chain

Any doubts over about December Fed hike may be swept away

By Jonathan Cable LONDON (Reuters) – Inflation numbers from the United States on Tuesday could be the provider of the final domino in the Federal Reserve's track to raise interest rates next month. Earlier in November a robust report on U.S. employment hardened expectations for the Fed's first rate increase in nearly a decade and if prices are shown to be rising steadily those views will likely solidify. Minutes from the Fed's October meeting will also be published, giving an insight into the Committee's decision…

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Any doubts over about December Fed hike may be swept away

Exclusive: Commodity trader Cargill restructures, cuts jobs – sources

By Sarah McFarlane LONDON (Reuters) – Cargill Inc [CARG.UL], one of the world's largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said on Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also closing offices, two of the industry sources said. The cutbacks at the Minnesota-based company come as global agricultural companies are under pressure from slumping commodity prices…

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Exclusive: Commodity trader Cargill restructures, cuts jobs – sources

Pfizer-Allergan deal refocuses market on U.S. tax-inversion rules

Pfizer Inc's buyout bid for Allergan Plc has financial markets on edge over a possible new move by the U.S. Treasury Department against tax-inversion deals, but the outlook for any such

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Pfizer-Allergan deal refocuses market on U.S. tax-inversion rules

American Airlines delays Paris flights; United operates as planned

American Airlines Group , the world's biggest carrier by passenger traffic, said on Friday it was delaying flights to Paris in response to the explosions and shooting attacks there, even though French airports remained open. “Currently Charles de Gaulle International Airport is open, however, we are holding our remaining departures this evening to Paris until we have additional information,” American Airlines spokesman Joshua Freed said. United Continental Holdings said its three scheduled flights would still depart for …

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American Airlines delays Paris flights; United operates as planned

Tycoons, telecoms and Trotsky: book lifts veil on Carlos Slim

Carlos Slim's brother interrogated leftist rebels for Mexico's intelligence agency while his eldest son often hands out a biographical novel about Leon Trotsky as a gift, according to a new book on the tycoon who was long the world's richest man. The biography, by far the most comprehensive written on Slim, seeks to show how the Mexico City businessman navigated local politics to become the world's richest man in a country where almost half …

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Tycoons, telecoms and Trotsky: book lifts veil on Carlos Slim

Exclusive: French compromise snubbed as Renault-Nissan pursues shake-up – sources

France has offered to limit its voting rights at Renault in a bid to end its power struggle with the carmaker and partner Nissan, but their combined CEO Carlos Ghosn remains determined to push through changes that would give the Japanese company…

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Exclusive: French compromise snubbed as Renault-Nissan pursues shake-up – sources

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