Special Report: For French investors, a Euro Disney nightmare
PARIS (Reuters) – When Edith Zemirou bought Euro Disney stock two decades ago, she expected a decent return and her own small share in Mickey Mouse magic.
Deflation alarms ring louder as EU, Chinese factories struggle
LONDON/SYDNEY (Reuters) – European and Chinese factories slashed prices in January as production flatlined, heightening global deflation risks that point to another wave of central bank stimulus in the coming year.
Intel buys former Infineon ‘Internet of Things’ chip unit Lantiq
FRANKFURT (Reuters) – Intel has agreed to buy German network chipmaker Lantiq for an undisclosed amount to expand its range of chips used in Internet-connected gadgets, the companies said on Monday.
European markets subdued as Chinese data weighs
LONDON (Reuters) – European shares stalled and core bond yields held near lows on Monday following disappointing data from China, while Greek markets were volatile as the government pursued efforts to reach a compromise with its creditors.
Ireland’s CRH to buy Lafarge, Holcim assets for $7.4 billion
DUBLIN (Reuters) – Irish building supplies groups CRH has agreed to pay 6.5 billion euros ($7.4 billion) for assets that rivals Lafarge and Holcim needed to sell to secure regulatory approval for their planned merger.
Julius Baer CEO confident of resolving U.S. tax case in 2015
ZURICH (Reuters) – The head of Julius Baer said on Monday he was confident the Swiss bank would resolve this year a U.S. probe for allegedly helping wealthy Americans to evade taxes with hidden offshore accounts.
Sale of Lafarge-Holcim assets to CRH includes 5 billion euros of cash
ZURICH (Reuters) – Irish building supplies group CRH’s 6.5-billion-euro ($7.35 billion) purchase of assets from Lafarge and Holcim will bring the sellers about 5 billion euros, Lafarge’s chief executive said on Monday.
Hyundai cuts price of fuel cell car, eyes competition with Toyota
SEOUL (Reuters) – Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 percent in South Korea and consider cutting prices of the car overseas to compete with models from the likes of Toyota Motor Corp.
U.S. companies face billions in Venezuela currency losses, Reuters analysis shows
(Reuters) – At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows.
Coke, Budweiser win as Super Bowl ad battle gets serious
LOS ANGELES/NEW YORK (Reuters) – Budweiser capitalized on cuteness with the return of a puppy and Coca-Cola stood out with an anti-bullying message as many brands stirred emotions rather than going for laughs during the annual high-stakes battle of Sup…
