Exclusive: Security bug SAP patched years ago draws U.S. government alert
FRANKFURT (Reuters) – Europe’s biggest software company, SAP , is the subject of a U.S. security alert over a vulnerability the firm disabled six years ago that can still give outside attackers remote control over older SAP systems if the software is not properly patched.
Volkswagen recommends shareholders back management at AGM
FRANKFURT (Reuters) – Volkswagen on Wednesday recommended that shareholders ratify the actions of the management board since an investigation into the emissions scandal had so far failed to turn up potential wrongdoing by senior managers.
Exclusive: Chipotle hires former critic to help improve food safety
(Reuters) – Chipotle Mexican Grill has retained two leading food safety experts – including a critic of the burrito chain’s early response to disease outbreaks last year – as it redoubles its efforts to guard against health scares.
Dollar dips from two-week high, stocks in the red
LONDON (Reuters) – The dollar fell on Wednesday, succumbing to a bout of profit-taking after hitting a two-week high the previous day, while European stocks also put a positive start to the week behind them to trade in the red.
Panama, Lebanon among recent joiners of global tax info sharing deal: OECD
PARIS (Reuters) – Panama, rocked by a recent major tax scandal, has joined around 100 countries in an agreement to share financial information automatically to tackle tax evasion, the Organization for Economic Cooperation and Development said on Wednes…
Deutsche Boerse CEO touts LSE merger, saying ‘size is everything’
FRANKFURT (Reuters) – Deutsche Boerse’s planned $30 billion merger with LSE Group is on track for completion late this year or in early 2017, the German exchange operator’s Chief Executive Carsten Kengeter said on Wednesday.
Federal U.S. judge rules Texas tycoon Wyly committed tax fraud
(Reuters) – Texas tycoon Sam Wyly engaged in “deceptive and fraudulent actions” in a years-long scheme to dodge taxes on more than $1 billion held in offshore trusts, a federal bankruptcy judge ruled on Tuesday.
Hyperloop One raises funds, to test futuristic transport system this year
LAS VEGAS (Reuters) – Hyperloop One, a Los Angeles company working to develop the futuristic transportation technology, on Tuesday announced the closing of $80 million in financing and said it plans to conduct a full system test before the end of the y…
Chipotle annual meeting could to be ‘referendum’ on board: activist
LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc’s board members will be in the hot seat at the burrito chain’s annual meeting on Wednesday, as shareholders fight to shake up the board after a string of food safety failures last year.
Saudi Aramco finalizes IPO options and plans global expansion
DHAHRAN, Saudi Arabia (Reuters) – Saudi Arabia’s state-owned oil giant Aramco is finalizing proposals for its partial privatization and will present them to its Supreme Council soon, its chief executive said about the centerpiece of the kingdom’s effor…
