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Luxottica and Essilor agree 46 billion euro merger to create eyewear giant

January 16, 2017 by · Leave a Comment 

By Valentina Za and Sudip Kar-Gupta MILAN/PARIS (Reuters) – Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global powerhouse in the eyewear industry with annual revenue of more than 15 billion euros, they…

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Luxottica and Essilor agree 46 billion euro merger to create eyewear giant

border-tax

Trump threatens German carmakers with 35 percent U.S. import tariff

January 16, 2017 by · Leave a Comment 

Shares in German carmakers BMW , Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market. All three carmakers have invested heavily in factories in Mexico, where production costs are lower than the United

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Trump threatens German carmakers with 35 percent U.S. import tariff

border-tax

Trump hits Toyota in latest broadside against carmakers and Mexico

January 6, 2017 by · Leave a Comment 

U.S. President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico. “Toyota Motor said …

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Trump hits Toyota in latest broadside against carmakers and Mexico