RIYADH (Reuters) – Failure to reach a global deal on where and how much to tax digital giants such as Google (GOOGL.O), Amazon (AMZN.O) or Facebook (FB.O) would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on Sunday. FILE PHOTO: French Finance Minister Bruno Le Maire attends a
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Residents sanitize at a church in Seoul, South Korea, February 22, 2020. Yonhap via REUTERS SEOUL (Reuters) – Samsung Electronics (005930.KS) said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning. Samsung
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as
(Reuters) – Federal prosecutors investigating Boeing Co (BA.N) are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported, citing two people familiar with the matter. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial
BENGALURU (Reuters) – Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be in no rush to curb output. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019.REUTERS/Nick Oxford/File
FILE PHOTO: Unicredit bank CEO Jean Pierre Mustier poses during the shareholders meeting in Rome, Italy, January 12, 2017. REUTERS/Remo Casilli/File Photo MILAN (Reuters) – Shares in Italy’s biggest bank UniCredit fell more than 1% at open on Friday following reports Chief Executive Jean Pierre Mustier is being considered for the top job at rival
WASHINGTON (Reuters) – Morgan Stanley’s takeover of brokerage E*Trade Financial Corp reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in
SINGAPORE (Reuters) – Asian stocks slipped and so did the region’s currencies on Thursday, as virus cases rose in South Korea and Japan and investors quit local assets in favor of safety further afield. FILE PHOTO: A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai,
SAN FRANCISCO (Reuters) – Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, sources said. FILE PHOTO: The Google internet homepage is displayed on a product at a store in London, Britain January 23, 2016. REUTERS/Neil Hall The shift, prompted
FILE PHOTO: A Qatar Airways Boeing 787-8 Dreamliner airplane is pictured at Leonardo da Vinci-Fiumicino Airport in Rome, Italy, March 30, 2019. REUTERS/Alberto Lingria LONDON (Reuters) – Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG (ICAG.L) to 25.1%, buying another stake worth $600 million as part of a
SAN FRANCISCO (Reuters) – Virgin Galactic Holdings Inc (SPCE.N) shares surged 24% on Tuesday, extending a rally since early December to over 400% and evoking a warning from an analyst who likes the space tourism company but warns it has become overbought. FILE PHOTO: Sir Richard Branson poses on floor of New York Stock Exchange
TOKYO (Reuters) – The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan to message more strongly that it is no longer inclined to chase its elusive 2% inflation target, sources familiar with its thinking say. A man wearing a protective face mask is seen at the Senso-ji
PARIS/MONTREAL (Reuters) – France’s Alstom said on Monday it had agreed to buy the train division of Canada’s Bombardier for up to 6.2 billion euros ($6.7 billion), in the latest bid by Western rail companies to bulk up in the face of Chinese competition. Alstom, the maker of TGV bullet trains that speed between French
FILE PHOTO: A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – French transport infrastructure company Alstom (ALSO.PA) said on Monday it was in talks over a possible acquisition of the train business of Canadian company Bombardier (BBDb.TO), which could be
FILE PHOTO: A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau (Reuters) – France’s Alstom SA (ALSO.PA) is close to clinching a deal to buy Bombardier Inc’s (BBDb.TO) train business which will give the unit an enterprise value of $7 billion, according to a
(Reuters) – The U.S. government is considering whether to stop General Electric Co (GE.N) from continuing to supply engines for a new Chinese passenger jet, according to people familiar with the matter, casting uncertainty over China’s efforts to enter the civil aviation market. FILE PHOTO: A traffic light is seen in front of a logo