Future Saudi king tightens grip on power with arrests including Prince Alwaleed
RIYADH (Reuters) – Saudi Arabia’s future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom’s most prominent businessmen….
Growth without scale: Deutsche Telekom’s T-Mobile headache
FRANKFURT (Reuters) – The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week.
Future Saudi king tightens grip on power with arrest of Prince Alwaleed
RIYADH (Reuters) – Saudi Arabia’s future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom’s most prominent businessmen….
Multinationals grapple with Republican excise tax surprise
WASHINGTON/LONDON (Reuters) – The Republican tax bill unveiled last week in the U.S. Congress could disrupt the global supply chains of large, multinational companies by slapping a 20-percent tax on cross-border transactions they routinely make between…
Saudi billionaire Prince Alwaleed detained in corruption inquiry
RIYADH (Reuters) – Saudi authorities detained a billionaire global investor and the head of the National Guard as part of an anti-corruption purge that consolidates Crown Prince Mohammed bin Salman’s hold on power.
Scandal-hit Kobe Steel has a ‘look the other way’ culture, they say in hometown
KOBE, Japan (Reuters) – The fresh university graduate, eager to make a good impression on the job at one of Kobe Steel Ltd’s main plants in Japan, punched the wrong measurements into machines making steel pipes, causing a large batch to come out too s…
Sprint, T-Mobile call off merger after months of talks
SAN FRANCISCO/NEW YORK (Reuters) – Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its ow…
Sprint and T-Mobile call off merger after months of talks
SAN FRANCISCO/NEW YORK (Reuters) – Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger U.S. wireless to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own.
Sprint and T-Mobile end merger negotiations
SAN FRANCISCO (Reuters) – Sprint Corp and T-Mobile USA Inc said on Saturday that they officially broke off merger negotiations, ending months of back-and-forth talks that would have created the third-biggest U.S. wireless provider.
Trump backs New York in bourses’ battle for Saudi Aramco listing
WASHINGTON/KHOBAR, Saudi Arabia (Reuters) – U.S. President Donald Trump publicly appealed on Saturday for Saudi Arabia to list national oil company Saudi Aramco’s shares in New York, intervening in a battle among the world’s top stock exchanges.
