U.S. factory data signals further slowdown in economic growth
WASHINGTON (Reuters) – New orders for U.S. factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.
EU competition chief says unclear when Apple tax probe will be decided
BRUSSELS (Reuters) – A two-year investigation into whether Apple’s tax deal with Irish authorities gave the iPhone maker an unfair advantage will take a lot longer because of the large amount of data involved, the EU antitrust chief said on Monday.
U.S. top court rejects Wells Fargo challenge to $203 million class action judgment
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rejected Wells Fargo & Co’s appeal of a $203 million judgment that it was ordered to pay to resolve a class action lawsuit accusing it of imposing excessive overdraft fees.
Nielsen signs deal with Dish for viewing data
(Reuters) – U.S.-based advertising tracking company Nielsen Holdings Plc said it signed a multi-year agreement with Dish Network Corp to use data from Dish households to improve its understanding of viewing habits.
Airbus warns British employees on cost of Brexit
LONDON (Reuters) – European planemaker Airbus Group said its future investment in Britain could depend on whether the country remains in the European Union, in a warning to its British employees ahead of a vote on June 23.
Oil falls on fading supply freeze prospects; dollar steadies
LONDON (Reuters) – Oil prices hit one-month lows as prospects of top exporters agreeing to curb chronic oversupply faded, while other commodities also lost ground as the dollar steadied after Friday’s strong U.S. data.
Global investment banking fees fall 29 percent in first-quarter, worst since 2009
LONDON (Reuters) – Global investment banking fees fell 29 percent in the first quarter of 2016 from a year earlier as market volatility put a brake on dealmaking and equity and debt capital markets activity, Thomson Reuters data published on Monday sho…
Panama lawyer at center of data leak denounces attack on privacy
PANAMA CITY (Reuters) – The head of a Panama-based law firm at the center of a massive leak of offshore financial data on Sunday denied any wrongdoing, and said his firm has fallen victim to “an international campaign against privacy”.
Tax authorities begin probes into some people named in Panama Papers leak
SYDNEY/PANAMA CITY (Reuters) – Tax authorities in Australia and New Zealand are probing local clients of a Panama-based law firm at the centre of a massive data leak for possible tax evasion.
Suspicion and soured relationships sank Bouygues Telecom’s deal
PARIS/LONDON (Reuters) – When French Prime Minister Manuel Valls phoned billionaire Martin Bouygues on Thursday evening in an attempt to save a merger between Bouygues Telecom and state-controlled Orange, it was already too late.
