Ubisoft says Guillemot Brothers in deal to buy 4 million Ubisoft shares
PARIS (Reuters) – Ubisoft said on Monday that Guillemot Brothers SE and a bank had entered into an agreement related to the purchase of up to 4,000,008 shares in the French video game maker, representing 3.5 percent of Ubisoft’s total share capital.
General Motors settles last bellwether ignition-switch cases
(Reuters) – General Motors Co said on Monday it settled the last two so-called bellwether cases stemming from a faulty ignition switch linked to 124 deaths and 275 injuries.
EU seeks to coordinate consumer action against Volkswagen over Dieselgate
BRUSSELS/FRANKFURT (Reuters) – The European Commission will meet consumer groups this week to make sure they are doing enough to seek compensation for European drivers affected by Volkswagen’s cheating of diesel emissions tests.
Nissan, dealers fined 6 million euros over antitrust practices in Spain
MADRID (Reuters) – Spanish competition regulator CNMC said on Monday that Nissan’s unit in the Iberian Peninsula and several of its autodealers had been fined 6 million euros ($6.69 million) over antitrust practices.
Global stocks push higher as oil takes wild ride
LONDON (Reuters) – Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance.
Obama says countries must move in concert on tax avoidance
HANGZHOU, China (Reuters) – U.S. President Barack Obama said on Monday that the United States had to move in concert with other countries on the issue of tax avoidance, as some U.S. allies were “racing to the bottom” with their tax policies.
German finance minister lauds efforts to crack down on tax evasion
HANGZHOU, China (Reuters) – German Finance Minister Wolfgang Schaeuble on Monday said the G20 leaders agreed that the BEPS process to crack down on tax “base erosion and profit sharing” was working and further steps were needed to implement it, includi…
Barclays nabs JPMorgan’s Throsby to head investment bank
LONDON (Reuters) – Britain’s Barclays has hired JPMorgan banker Tim Throsby to head its Corporate and International division, ending a six-month search for the number two job under Chief Executive Jes Staley.
Olympus in legal dispute with whistleblower Woodford over pension
LONDON (Reuters) – Olympus , the Japanese medical equipment and camera maker, is suing former CEO and whistleblower Michael Woodford in a multimillion-pound legal row over allegations of wrongdoing surrounding an executive pension plan.
BOJ’s Kuroda says room for more easing, including new ideas
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda signaled his readiness to ease monetary policy further using existing or new tools, shrugging off growing market concerns that the bank is reaching its limits after an already massive stimulus pr…
