Tesla shares fall after Musk mocks SEC on Twitter
Shares of Tesla Inc fell as much as 5 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitter.
Era of bank secrecy ends as Swiss start sharing account data
The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world’s biggest center for managing offshore wealth, began automatically sharing client data with tax authorities in dozens of other countries.
EU weighs what to offer Trump on trade
European Union ministers debated on Friday what to offer the United States to ease trade tensions and avoid a return to a tit-for-tat tariff conflict that could hit EU cars.
Unilever backs down on Dutch HQ move after British investor revolt
Unilever scrapped plans to move its headquarters to the Netherlands on Friday in the face of a shareholder revolt, keeping one of Britain’s most valuable companies in London ahead of Brexit.
Dutch PM faces fallout as Unilever shelves Rotterdam HQ plan
Unilever’s withdrawal of plans to move its headquarters to Rotterdam looked likely on Friday to trigger political fallout for Dutch Prime Minister Mark Rutte over his unpopular proposal to scrap a withholding tax on dividends.
Audi warns of sales fluctuation after 56 percent fall in Europe
Volkswagen’s premium brand Audi on Friday said it expected sales in Europe to fluctuate in the coming months after a 55.5 percent slump in September sales due to supply bottlenecks caused by stricter anti-pollution rules.
Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding – sources
SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia’s biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said.
The pre-payrolls calm after another mini-storm
World markets steadied ahead of U.S. jobs numbers on Friday, as a four-year high in oil prices and the biggest weekly jump in Treasury yields since February left investors wondering where to go next.
Unilever backs down on HQ move to Netherlands after investor revolt
Unilever scrapped plans to move its headquarters to the Netherlands on Friday in the face of a British shareholder revolt, keeping one of the country’s most valuable companies in London ahead of Brexit.
Dutch PM faces fallout as Unilever scraps Rotterdam HQ plan
Unilever’s withdrawal of plans to move its headquarters to Rotterdam looked likely on Friday to trigger political fallout for Dutch Prime Minister Mark Rutte over his unpopular proposal to scrap a withholding tax on dividends.
