VW gets approval for another 460,000 diesel-car fixes
BERLIN (Reuters) – Volkswagen has won German regulatory approval for technical fixes on another 460,000 diesel cars with illicit emissions control software, it said on Sunday, raising the number of vehicles cleared for repair to over 5 million.
Exclusive: Some shell companies sidestep new UK transparency rules
LONDON (Reuters) – Some UK shell companies under offshore control may be skirting new rules which were designed to clamp down on corruption and tax evasion by forcing businesses to reveal their true owners, a Reuters analysis of corporate filings shows…
Never mind the Gucci, here’s the fish oil: China’s shopping army reboots Australia retail
SYDNEY (Reuters) – In 2013, student Na Wang began shipping fish oil capsules to China from Sydney to help pay the rent. Now, she’s in business, part of a growing army of Chinese shopping agents sending Australian food and diet pills home to feed rampan…
Europe’s boutique firms stealing M&A market share, dealmakers, data shows
LONDON (Reuters) – Boutique advisory firms now receive nearly half of all mergers and acquisition fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations on how …
Lufthansa and pilots union break off pay talks
BERLIN (Reuters) – Germany’s Lufthansa and pilots’ union Vereinigung Cockpit (VC) have broken off talks over pay and early retirement terms after months of negotiations, they said on Saturday.
Wall St. Week Ahead: Cheap clothes makes for pricy stocks at TJX, Ross
NEW YORK (Reuters) – Consumers are flocking to discount apparel retailers, but investors are faced with nothing close to a bargain as stocks in the sector rally.
Wall St. Week Ahead: Cheap clothes makes for pricy stocks at TJX, Ross
NEW YORK (Reuters) – Consumers are flocking to discount apparel retailers, but investors are faced with nothing close to a bargain as stocks in the sector rally.
China to use tougher environmental standards to tackle capacity glut
SHANGHAI (Reuters) – China will use the stricter enforcement of environmental, safety and energy efficiency standards as well as tougher credit controls to help fight against overcapacity in key industrial sectors, the government said.
China to use tougher environmental standards to tackle capacity glut
SHANGHAI (Reuters) – China will use the stricter enforcement of environmental, safety and energy efficiency standards as well as tougher credit controls to help fight against overcapacity in key industrial sectors, the government said.
Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei
TOKYO (Reuters) – Japan’s financial watchdog estimates that negative interest rates under the Bank of Japan’s monetary easing policy will reduce profits for the country’s three big banks by at least 300 billion yen ($2.96 billion) for the year through …
