Twitter seeks NBA, MLS, Turner deals to stream sports: Recode
(Reuters) – Twitter Inc is in talks with the NBA, Major League Soccer and Time Warner Inc’s cable network Turner Broadcasting to buy digital streaming rights for content related to major sports and events, Recode reported.
Italy’s PM Tuscan nightmare: the fall of ‘Daddy Monte’
SIENA, Italy (Reuters) – In 1624, the Medici Grand Duke of Tuscany rushed to the defense of depositors of a bank that was by then already 152 years old, Monte dei Paschi di Siena, guaranteeing their savings at a time of economic crisis.
WTO’s new trade index suggests sluggish third quarter world trade growth
GENEVA (Reuters) – The World Trade Organization on Friday forecast sluggish trade growth in the third quarter of 2016 as it published a quarterly trade barometer for the first time.
U.S. seeks trade sanctions in India poultry dispute: WTO
GENEVA (Reuters) – The United States is seeking trade sanctions against India after winning a dispute at the World Trade Organization regarding Indian restrictions on imports of U.S. poultry meat, eggs and live pigs, the WTO said on Friday.
EU-U.S. commercial data transfer pact clears final hurdle
BRUSSELS (Reuters) – A commercial data transfer pact provisionally agreed by the EU executive and the United States in February received the green light from EU governments on Friday, the European Commission said, paving the way for it to come into eff…
Toshiba ex-CEOs unlikely to face charges over scandal: source
TOKYO (Reuters) – Prosecutors believe it would be difficult to bring charges against former top executives of Toshiba Corp over the conglomerate’s $1.3 billion accounting scandal, a person briefed on the matter said on Friday.
Spanish court says Volkswagen parent company liable to answer any emissions fraud charges
MADRID (Reuters) – Spain’s High Court said on Friday Volkswagen’s parent company, based in Germany, would be liable to answer any charges over emissions fraud, rather than its Spanish affiliates.
Striking Wal-Mart workers in China return to work – for now
SHANGHAI/CHICAGO (Reuters) – Workers striking at Wal-Mart Stores Inc outlets in China have returned to work after the firm agreed to consider their protests against a new work scheduling system that some fear could be used to cut overtime pay, workers…
Chinese companies among three likely bidders for Emerson’s Leroy-Somer: sources
FRANKFURT/PARIS (Reuters) – Emerson Electric’s alternator business Leroy-Somer is expected to attract firm offers from two Chinese companies and a buyout group in a potential 1 billion euro ($1.1 bln) deal, people close to the matter said.
U.S. tax agency investigates Facebook’s Ireland asset transfer
(Reuters) – The U.S. Internal Revenue Service (IRS) said Facebook Inc may have understated the value of intellectual property it transferred to Ireland by “billions of dollars”, unfairly cutting its tax bill in the process, according to court papers.
