Geely chairman not planning more automotive deals: Bild am Sonntag
FRANKFURT (Reuters) – Li Shufu, the founder and main owner of China’s Geely [GEELY.UL], has no plans to buy further stakes in carmakers after building up a holding of almost 10 percent in Germany’s Daimler , he told a German newspaper.
Amazon has French grocery market in its sights, French boss tells paper
PARIS (Reuters) – U.S. e-commerce giant Amazon aims to launch its grocery delivery service in France as part of global ambitions to expand in food retail, though the move is not imminent, its general manager for France said in a newspaper interview.
Britain’s May defends stance on post-Brexit financial services rules
LONDON (Reuters) – Prime Minister Theresa May defended her decision to rule out so-called ‘passporting’ rights for banks after Brexit, saying Britain could not become a “rule taker” when it came to financial services.
As its wealth fund goes green, Norway’s firms struggle to keep up
OSLO (Reuters) – Many Norwegian companies lag high standards for reporting their impact on the environment that the Nordic nation’s $1 trillion wealth fund is championing abroad in 2018.
‘Don’t react’: trade experts look past Trump noise at NAFTA talks
MEXICO CITY (Reuters) – Donald Trump may be president of the United States but his words do not necessarily carry the weight of the U.S. government at the biggest trade shake-up he is pushing. Sometimes, it is better to block them out and carry on, par…
U.S. judge dismisses VW bondholder lawsuit over excess emissions
WASHINGTON (Reuters) – A U.S. judge late Friday dismissed a lawsuit filed by institutional investors who purchased bonds from Volkswagen AG’s U.S. unit and claimed the automaker had made false and misleading statements before its massive diesel emissi…
EU eyes tax on tech giants closer to 2 percent than 6 percent of revenue: Le Maire
PARIS (Reuters) – The European Union this month will unveil plans to tax large global tech companies’ revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a news…
Geely chairman says not planning more automotive deals: Bild am Sonntag
FRANKFURT (Reuters) – Li Shufu, the founder and main owner of China’s Geely [GEELY.UL], has no plans to buy further stakes in carmakers after building up a holding of almost 10 percent in Germany’s Daimler , he told a German newspaper.
Trump threatens to tax European auto imports
WASHINGTON (Reuters) – U.S. President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminum and steel.
MIT study that found low pay for Uber drivers to be revisited
(Reuters) – A Massachusetts Institute of Technology research group that this week reported nearly three-quarters of Uber Technologies [UBER.UL] and Lyft Inc drivers earned below minimum wage is revisiting its study after a tweeted challenge by Uber Chi…
