In Bombardier fight, Boeing sees ghost of Airbus ascent
PARIS/SEATTLE (Reuters) – Two words underpin Boeing’s decision to launch a U.S. trade complaint against Bombardier , which plunged it into a row with Canada last week: “Never again”.
U.S. Justice Dept., Citigroup settle probe into Banamex USA
NEW YORK (Reuters) – The U.S. Department of Justice and Citigroup Inc said on Monday that they have settled a criminal investigation into violations of anti-money laundering rules and the Bank Secrecy Act at the bank’s Banamex USA unit.
German government at odds with itself over Greek debt relief
BERLIN (Reuters) – Germany’s coalition government split along party lines on Monday over the question of debt relief for Greece ahead of a crunch meeting in Brussels to tackle the thorny issue.
Supreme Court rejects challenge to state retroactive tax changes
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a challenge by several major corporations to a Michigan law that retroactively changed the way businesses are taxed in the state, leading to $1 billion extra for government coffer…
Wall Street ends up; defense, tech stocks a boost
NEW YORK (Reuters) – U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal.
GE faces EU probe related to LM Wind Power deal
(Reuters) – General Electric Co said on Monday that the European Union’s competition watchdog is investigating whether the industrial conglomerate provided misleading information during a merger review.
China tells U.S. trade representative stronger cooperation needed
BEIJING (Reuters) – China’s commerce minister Zhong Shan told new United States Trade Representative Robert Lighthizer the two sides should strengthen cooperation and manage disputes in trade, according to a statement on the website of China’s Ministry…
EU to conclude Google antitrust cases in next few months
OXFORD, England (Reuters) – EU antitrust regulators will rule in the “next few months” whether Alphabet’s Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead…
Exclusive: ECB plan to take euro clearing from London stalled by infighting – sources
FRANKFURT (Reuters) – Discord between the euro zone’s three largest countries is stalling the European Central Bank’s efforts to come up with a way to force euro clearing out of London and put it under its watch, three sources told Reuters.
China slaps import duties on sugar; experts question impact
BEIJING (Reuters) – China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world’s top importer.
