Exclusive: Brazil banking clans may pay $1.1 billion for Havaianas maker, sources say
SAO PAULO (Reuters) – Brazil’s most prominent banking clans could pay between 3.3 billion reais and 3.5 billion reais ($1 billion and $1.1 billion) for a majority stake in Havaianas flip flop maker Alpargatas SA, two people with knowledge of the matter…
Euronext CEO sees growing momentum for new stock listings
AIX-EN-PROVENCE (Reuters) – Euronext’s chief executive Stephane Boujnah sees a growing momentum for new stock listings in the second half of the year, following the French and Dutch elections, he said on Sunday.
China’s COSCO Shipping offers $6.3 billion for Orient Overseas Ltd
SHANGHAI/BEIJING (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd (OOIL) for HK$49.23 billion ($6.30 billion), in a deal that will see the mainland China group become the world’s third largest container …
France says Europe should make U.S. companies pay fair share of taxes
AIX-EN-PROVENCE, France (Reuters) – Time has come for the European Union to make multinationals, such as U.S. giants Amazon , Facebook and Google , pay their fair share of taxes, the French finance minister said on Sunday.
Turkish automotive production up 20 percent in the first half
ISTANBUL (Reuters) – Turkish automotive production rose 20 percent year on year to 869,158 vehicles in the first half, with output up 8 percent to 141,161 vehicles in June, Turkey’s automotive producers body said.
Air France-KLM urges French authorities to ease airport security checks
AIX-EN-PROVENCE, France (Reuters) – The chief executive officer of Franco-Dutch airline group Air France-KLM urged French authorities on Saturday to take “urgent” measures to reduce delays for passengers caused by security checks at Paris airports.
Lupin sets off down Indian pharma’s long road to redemption
GOA, India (Reuters) – In 28 years in India’s pharmaceuticals sector, Rajiv Desai has never been busier.
Exclusive: Firm part-owned by Siemens hired to help install turbines in Crimea – sources
MOSCOW (Reuters) – A firm part-owned by Germany’s Siemens has been hired to help install electricity turbines in Crimea, a region subject to European Union sanctions barring EU firms from supplying it with energy technology, three sources close to the …
EDF not involved in French government stake sales: source
AIX-EN-PROVENCE, France (Reuters) – French utility EDF would not be part of the French government’s plan to sell 10 billion euros ($11.40 billion) worth of state assets to finance projects geared toward innovation, a source close to EDF’s management sa…
Veolia has leeway for multi-billion euro acquisition, CEO says
AIX-EN-PROVENCE, France (Reuters) – French utility Veolia has the financial firepower to make a multi-billion euro acquisition, its chief executive said on Saturday.
