Yahoo shifts Europe tax base to Ireland from Switzerland
LONDON/ROME (Reuters) – Yahoo! Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives.
French court orders Google to display fine for privacy breach
PARIS (Reuters) – Google will have to display on its French search page a notice saying it has been fined by the local data-protection watchdog over how user information is tracked and stored, France’s top administrative court ruled on Friday.
Daimler sees new compact cars, S-class limo lifting performance
FRANKFURT (Reuters) – Daimler is relying on new compact cars and its S-Class limousine to bring a step change in productivity and pricing, and to fix its China business, Chief Executive Dieter Zetsche said on Friday.
Chrysler recalls 9,655 vans in North America for accelerator issue
DETROIT (Reuters) – Chrysler Group LLC said on Friday it is recalling an estimated 9,655 full-size vans in North America to replace a part that could lead to the accelerator pedal getting stuck in the wide open position.
Lufthansa picks Spohr as boss to lead battle on budget carriers
FRANKFURT (Reuters) – Germany’s Lufthansa has picked Carsten Spohr as its new chief executive, naming a company veteran to lead the battle against low-cost carriers and fast-growing Gulf airlines.
German judges refer ECB’s bond-buying to European Court
KARLSRUHE, Germany (Reuters) – Germany’s Constitutional Court will refer a complaint against the European Central Bank’s flagship bond-buying plan to the European Court, removing the prospect of it curbing the program.
Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange
HONG KONG (Reuters) – Internet search company Google Inc will own a 5.94 percent stake in China’s Lenovo Group Ltd worth $750 million once Lenovo’s deal to buy Google’s Motorola handset division closes, according to a disclosure on the Hong Kong stock …
Daimler CEO says open to new growth options, has talked to rivals
FRANKFURT (Reuters) – Daimler is open to new ways of growing its business and has talked in the past to Volkswagen , BMW and Fiat about developing a common small car platform, Chief Executive Dieter Zetsche said.
Ethiopian Airlines interested in 10 Boeing 777X: CEO
SINGAPORE (Reuters) – Ethiopian Airlines is in preliminary talks with Boeing that could lead to an order for 10 of the U.S. planemaker’s latest model, the 777X, the airline’s chief executive said.
Planemakers look to ink Asia deals despite emerging market worries
SINGAPORE (Reuters) – Aerospace firms will finalize billions of dollars of deals at next week’s Singapore Airshow, hoping to ride out a storm in emerging markets whose prosperity is vital to their plans to keep producing record numbers of jets.