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Global investment banks have slowest first half since 2012
July 4, 2016 by creative · Leave a Comment
By Anjuli Davies LONDON (Reuters) – Global investment banking fees fell by nearly a quarter in the first half of 2016 from a year earlier as market volatility hit capital markets and M&A deal making, Thomson Reuters data published on Monday showed. Global fees for services ranging from merger and acquisitions advisory services to…
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Global investment banks have slowest first half since 2012
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VW says U.S. ‘Dieselgate’ settlement not to be replicated in Europe
July 4, 2016 by publisher · Leave a Comment
Volkswagen's CEO has rejected calls for the carmaker to compensate customers in Europe over the 'Dieselgate' emissions scandal along the lines of its $15 billion deal in the United States, telling a German newspaper a similar settlement would be inappropriate and unaffordable. Europe's Industry Commissioner Elzbieta Bienkowska last week called on Volkswagen to also compensate European owners of its diesel-powered cars, saying it would be unfair for them to be treated differently from U.S. customers just because of a different legal system. “We have a…
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VW says U.S. ‘Dieselgate’ settlement not to be replicated in Europe
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Citigroup resolves ‘technical issue’ that left accounts frozen
June 25, 2016 by publisher · Leave a Comment
(Reuters) – Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the outage, which affected several U.S. states, including New York, Pennsylvania and California, according to Bloomberg. “We experienced a brief technical issue that
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Citigroup resolves ‘technical issue’ that left accounts frozen
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Media mogul Redstone says he ‘no longer trusts’ Viacom CEO
June 16, 2016 by creative · Leave a Comment
Sumner Redstone said he “no longer trusts” Viacom Inc's board or Chief Executive Philippe Dauman to act in the media company's best interests, according to a spokesman for the 93-year-old mogul. The comments from Redstone, the controlling shareholder of Viacom and CBS Corp , are the latest…
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Media mogul Redstone says he ‘no longer trusts’ Viacom CEO
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Early days, but Apple Pay struggles outside U.S.
June 2, 2016 by elegant · Leave a Comment
More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and
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Early days, but Apple Pay struggles outside U.S.
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Exclusive: Suppliers question Tesla’s goals for Model 3 output
May 20, 2016 by elegant · Leave a Comment
By Paul Lienert and Alexandria Sage DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc has surprised parts makers with plans to move up the launch of high-volume production of its Model 3 to 2018, two years earlier than planned – an…
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Exclusive: Suppliers question Tesla’s goals for Model 3 output
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Apple boss Cook to tap Indian software talent during maiden visit
May 17, 2016 by elegant · Leave a Comment
By Himank Sharma and Rupam Jain MUMBAI/NEW DELHI (Reuters) – Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Cook, who…
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Apple boss Cook to tap Indian software talent during maiden visit
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Google faces record 3 billion euro EU antitrust fine: Telegraph
May 16, 2016 by admin · Leave a Comment
Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union has accused Google of promoting its shopping service in Internet searches at the expense of rival services in a case that has dragged on since late 2010. Several people familiar with the matter told Reuters last month they believed that after three failed attempts at a…
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Google faces record 3 billion euro EU antitrust fine: Telegraph
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VW gets ready to move on comeback plan in U.S.: sales chief
May 12, 2016 by admin · Leave a Comment
Volkswagen hopes to reach a final settlement with the U.S. authorities over the diesel emissions scandal next month so that it can get moving on a recovery plan which will see the launch of several new crossover and electric vehicles, its sales chief said on Thursday. VW aims to expand its electric-vehicle offerings in the United States to meet a growing demand for green cars and help restore its image, VW brand sales chief Juergen Stackmann said in an interview published on Thursday. “A …
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VW gets ready to move on comeback plan in U.S.: sales chief
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Cigna says Anthem deal could close in 2017; Anthem sticks to 2016
May 6, 2016 by creative · Leave a Comment
Health insurer Cigna Corp , which announced plans to be bought by larger Anthem Inc 10 months ago, on Friday said the deal may close in 2017 rather than 2016 due to the complexity of the regulatory process, according to a filing with the Securities and Exchange Commission. The U.S. Department of Justice is currently reviewing the Cigna-Anthem deal, which would create the …
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Cigna says Anthem deal could close in 2017; Anthem sticks to 2016