As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax
Officials from the new European Commission will discuss an International Monetary Fund study that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive’s helm.
Mediaset, Vivendi head to court after talks to end three-year dispute fail
Italian broadcaster Mediaset and French media group Vivendi headed to court on Friday after overnight talks to end their three-year legal dispute failed to reach an agreement, sources close to the matter said.
Judge will decide on Vivendi request to suspend Mediaset’s European plan: source
An Italian judge will decide on Vivendi’s request to suspend Mediaset’s pan-European project, as she took note that the two groups failed to settle their long-running dispute, a legal source said on Friday.
Wall Street dips after U.S. law on Hong Kong revives trade worries
U.S. stocks dipped on Friday as trade tensions resurfaced after China warned it would retaliate against President Donald Trump’s decision to ratify a bill backing protesters in Hong Kong.
Saudi Aramco IPO oversubscribed so far, but not by big margin
Saudi Aramco’s initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for institutional investors to submit offers.
Airbus considering production of hybrid airplane by 2035
Airbus is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.
Black Friday sees fewer shoppers in stores as spending moves online
Fewer people lined up outside stores as Black Friday shopping kicked off, suggesting early discounts offered by retail chains and a surge in online buying may have taken the shine off America’s biggest shopping day.
Intel says Qualcomm tactics forced it out of modem chip market
Intel Corp sold its smartphone modem chip business to Apple Inc at “a multi-billion dollar loss,” the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market.
Timeline: Twists and turns in Mediaset vs Vivendi TV drama
Italian broadcaster Mediaset and shareholder Vivendi were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.
Take Five: NATO — dead or alive?
Beneath the birthday bonhomie, tensions will be simmering as the transatlantic military alliance turns 70 and leaders of the 29 member states celebrate near London on Dec. 3-4.
