Euro zone lenders, Greece make progress on tax, pension reforms
BRUSSELS (Reuters) – European lenders have made important progress in talks with Greece on tax and pension reforms that are part of a package of measures Athens must adopt to win new loans and debt relief, a European Commission spokesperson said on Sun…
Six months into ‘Dieselgat’ scandal, gloom deepens in VW’s hometown
(This March 18 report corrects wording of second paragraph as not all workers at VW’s Wolfsburg plant live in the town)
Starwood signs first U.S.-Cuba hotel deal since 1959 revolution
HAVANA (Reuters) – Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. President Barack Obama was due to visit Havana.
Foxconn lowering offer for Japan’s Sharp: Yomiuri
TOKYO (Reuters) – Taiwan’s Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp from an initial plan of 489 billion yen ($4.4 billion), the Yomiuri newspaper reported on Sunday.
Crude prices fall from 2016 highs as U.S. oil rig count rises
NEW YORK (Reuters) – Crude oil prices settled lower on Friday after the U.S rig count rose for the first time since December, renewing worries of a supply glut after an output freeze proposal helped boost the market to 2016 highs and multi-week gains.
Starwood gets $13 billion bid from Anbang, tops Marriott offer
(Reuters) – Starwood Hotels & Resorts Worldwide Inc on Friday said a $13 billion cash offer from China’s Anbang Insurance Group Co was superior to one from Marriott International Inc , setting the stage for the largest-ever deal by a Chinese company in the United States.
Eyes on the dollar with stocks out of the hole
NEW YORK (Reuters) – U.S. stock market investors will be watching currency markets next week for signs that the recent, related trends of a weakening dollar and a strengthening stock market will continue.
U.S. prosecutors, Apple to bring witnesses to hearing on locked iPhone
WASHINGTON (Reuters) – The U.S. government and Apple Inc will be able to cross-examine the other’s witnesses in a court hearing next week on whether the technology company must help federal investigators unlock an encrypted iPhone tied to one of the Sa…
Spotify agreement a ‘win’ for artists, company :Billboard editor
(Reuters) – A senior editor for Billboard magazine on Friday called an agreement over royalties reached between Spotify and the National Music Publishers Association “a win” for songwriters and for the music streaming service.
BlackRock’s Larry Fink paid nearly $26 million in 2015
NEW YORK (Reuters) – BlackRock Inc , the world’s largest asset manager, raised total compensation for Chairman and Chief Executive Larry Fink by about 8 percent in 2015, according to a filing on Friday.
