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Panama law firm says it hasn’t been approached by investigators yet

April 9, 2016 by · Leave a Comment 

The founding partner of Mossack Fonseca, the Panamanian law firm hit by a huge leak of offshore financial data, told a German newspaper his company had not yet been approached by anyone as part of investigations. Ramon Fonseca also said the release of more than 11.5 million company emails was the result of hacking from a computer overseas rather than an inside job and that he knew which country the hacker attack had come from but was not allowed to…

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Panama law firm says it hasn’t been approached by investigators yet

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Financial turmoil at SunEdison imperils solar projects worldwide

April 9, 2016 by · Leave a Comment 

In November, solar energy giant SunEdison Inc reported that its project pipeline had grown by 75 percent in just a year, the result of an aggressive growth strategy. Now, five months later, many of those projects are imperiled

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Financial turmoil at SunEdison imperils solar projects worldwide

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Marriott, Starwood Hotels stockholders approve deal

April 9, 2016 by · Leave a Comment 

Holders of more than 97 percent of Marriott shares and over 95 percent of Starwood shares voted in favor of the cash-and-stock deal, which was valued at $12.41 billion as of Thursday. China's Anbang Insurance Group Co last week abandoned its $14 billion offer for Starwood Hotels,

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Marriott, Starwood Hotels stockholders approve deal

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Apple shares to close year with worst performance since 2008

January 1, 2016 by · Leave a Comment 

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of Apple Inc, the largest U.S. company by market value, are set to finish the year in the red on notable weakness for a stock that had largely been impervious to pain for several years. *

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Apple shares to close year with worst performance since 2008

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Honda confirms ninth death linked to Takata airbag

January 1, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Honda Motor Co confirmed on Thursday that a Takata airbag inflator ruptured in a July crash of a Honda Accord and likely led to the death of the young driver, the ninth death in the world linked to the faulty inflators. After an inspection of vehicle components in cooperation with regulators, Honda said it “confirmed that the Takata driver’s front airbag inflator ruptured” and “injuries related to this airbag inflator rupture likely resulted in the tragic death of the underage…

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Honda confirms ninth death linked to Takata airbag

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American Airlines merges operations of unit U.S. Airways

January 1, 2016 by · Leave a Comment 

(Reuters) – American Airlines Group Inc said its unit U.S. Airways Group merged with the company, as part of efforts to integrate operations of the businesses following a merger in 2013. American Airlines Group, the owner of American Airlines, said U.S. Airways Group and its airline U.S. Airways ceased to exist as a separate entity effective Dec. 30, 2015. “With US Airways merged into American Airlines and U.S. Airways Group merged into American Airlines Group, all of their obligations (including debts and liabilities) become…

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American Airlines merges operations of unit U.S. Airways

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NYSE-owner ICE to buy commodities trading platform for $650 million

November 16, 2015 by · Leave a Comment 

(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.

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NYSE-owner ICE to buy commodities trading platform for $650 million