UK may use taxes to get tech giants to do more to fight extremism, minister says
LONDON (Reuters) – Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country’s security minis…
Uniper CEO criticizes suitor Fortum for lack of clarity
FRANKFURT (Reuters) – The chief executive of German energy producer Uniper has criticized Finnish suitor Fortum for a lack of clarity about its intentions in a planned 8 billion euro ($9.6 billion) takeover of the company.
Around 6,000 Swiss VW owners seek damages in emissions scandal
ZURICH (Reuters) – Swiss consumer protection organization SKS has filed a claim on behalf of some 6,000 car owners seeking damages from Volkswagen AG and Swiss car dealer AMAG related to the “Dieselgate” emissions scandal.
Wall Street eyes 2018 gains with a side of caution
(Reuters) – U.S. stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive.
Deutsche Bank to resume normal bonuses, some to get raises: CEO
FRANKFURT (Reuters) – Deutsche Bank will resume the payment of normal bonuses for 2017, the bank’s chief told a German newspaper, and some employees will get raises.
Wall Street quiet on last trading day of a strong year
NEW YORK (Reuters) – There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with losses in technology and financial stocks keeping equities in negative territory…
Brazilian regulator accuses Petrobras ex-executives of graft
SAO PAULO (Reuters) – Brazil’s securities regulator formally accused eight former executives of state-run oil company Petroleo Brasileiro SA of corruption on Friday, as the world’s largest graft investigation stretches deep into its third year.
BA owner IAG to buy insolvent Austrian holiday airline Niki
FRANKFURT (Reuters) – British Airways’ owner IAG said on Friday it would buy Niki, Air Berlin’s insolvent Austrian holiday airline, for 20 million euros ($24.01 million) and provide additional liquidity to the company of up to 16.5 million euros.
Goldman warns of $5-billion earnings hit from U.S. tax law
(Reuters) – Goldman Sachs Group Inc said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law’s one-time impact on corporate profits held overseas.
Trump wants Postal Service to charge ‘much more’ for Amazon shipments
SEATTLE/WASHINGTON (Reuters) – President Donald Trump called on the U.S. Postal Service on Friday to charge “much more” to ship packages for Amazon , picking another fight with an online retail giant he has criticized in the past.
