China anti-trust regulator conducts new raids on Microsoft, Accenture
BEIJING (Reuters) – A Chinese anti-trust regulator conducted new raids on Microsoft Corp and partner in China Accenture PLC , the agency said on its website on Wednesday, after saying last week Microsoft is under investigation for anti-trust violations…
Standard Chartered faces fresh fine from NY regulator
LONDON (Reuters) – Standard Chartered Plc has warned it faces another fine from New York’s financial regulator for problems related to detecting transactions vulnerable to money laundering, piling more pressure on the Asia-focused bank and its bosses.
Samsung Electronics, Apple call end to patents war outside U.S.
SEOUL/SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd and Apple Inc said they had agreed to drop all patent litigation outside the United States, scaling down a protracted legal battle between the smartphone rivals.
Walgreen retreats from plan to move tax domicile abroad
WASHINGTON/NEW YORK (Reuters) – U.S. retailer Walgreen Co has backed away from a plan to reincorporate abroad to cut its U.S. tax bill, while the Obama administration said it was considering steps to curb such corporate tax domicile-shifting deals.
Corporate America’s ‘ABC’ policy – Anything But Capex
LONDON (Reuters) – The U.S. economy continues to recover from the depths of the Great Recession, although its speed, trajectory and cruising altitude remain the subject of fierce debate.
Tod’s moves on from cozy loafers in bid to recover sales
ROME (Reuters) – Italian designer label Tod’s is edging away from its comfortable driving shoes, ballerina flats and platform sandals in an attempt to diversify its business and revive flagging sales.
Standard Chartered may face new penalty over failure to flag risky transactions: source
(Reuters) – Standard Chartered PLC is back in the crosshairs of New York’s banking regulator over alleged failure to flag high risk transactions for further review, according to a person familiar with the matter.
Tesla resolves trademark dispute in China
SHANGHAI/BEIJING (Reuters) – U.S. electric carmaker Tesla Motors Inc said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest au…
Argentina says to formally demand U.S. banks make bond payouts
BUENOS AIRES (Reuters) – Argentina said on Tuesday it will formally demand that intermediary banks charged with delivering the country’s debt payments make hundreds of millions of dollars in payouts that were due in June but that have been blocked by a…
Chrysler, Nissan looking into claims their cars ‘most hackable’
NEW YORK/LAS VEGAS (Reuters) – Chrysler and Nissan said they are reviewing a report by well-known cyber security experts that rates their vehicles among the three “most hackable” cars on the market, along with a General Motors model.
