French luxury goods group Kering said on Thursday it had agreed to pay a record 1.25 billion euros ($1.40 billion) to settle a dispute with Italian tax authorities centered on its fashion brand Gucci.
Facebook Inc quickly rejected a call from co-founder Chris Hughes on Thursday to split the world’s largest social media company in three, while lawmakers urged the U.S. Justice Department to launch an antitrust investigation.
Facebook Inc co-founder and Mark Zuckerberg’s former college roommate Chris Hughes urged U.S. regulators to break up the social media company in a New York Times opinion piece on Thursday.
Wall Street’s main indexes were lower on Thursday, as tensions flared up ahead of a high-stakes U.S.-China trade meeting, potentially prolonging a dispute that has threatened global financial markets and economic growth.
Facebook Inc co-founder Chris Hughes on Thursday called for the world’s largest social media company to be split in three and said Chief Executive Mark Zuckerberg should be held responsible for privacy lapses.
The Federal Communications Commission voted unanimously on Thursday to deny China Mobile Ltd’s bid to provide U.S. telecommunications services and said it was reviewing similar approvals held by two other Chinese telecom firms.
Panama’s Copa Airlines said on Thursday it has “full confidence” in its Boeing 737 MAX planes, which have been grounded worldwide since March after two fatal crashes.
U.S. President Donald Trump said on Thursday he had received a “beautiful letter” from Chinese President Xi Jinping as negotiations on a trade deal between the two countries continue in Washington.
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp’s higher, $38 billion offer that included more than three times as much cash.
Prime Minister Giuseppe Conte said on Thursday there were no plans to nationalize ailing Italian bank Carige, adding that a market solution to save the lender had to be found instead.
Billionaire entrepreneur Jeff Bezos will unveil plans on Thursday for missions to the moon tailored to the U.S. government’s renewed push to establish a lunar outpost in just five years, people familiar with the matter said.
India’s energy-to-telecoms conglomerate Reliance Industries Ltd said on Thursday it has acquired British toy retailer Hamleys.
Equity indexes around the world tumbled for a fourth day in a row on Thursday as U.S.-China trade tensions put investors on edge the day before U.S. President Donald Trump was due to raise tariffs on Chinese goods.
Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world’s largest social media network in an opinion piece in the New York Times on Thursday.
Occidental Petroleum chief executive Vicki Hollub was caught off guard when U.S. oil giant Chevron swooped in last month with a $33 billion offer to buy Anadarko Petroleum, the oil and gas exploration and production firm she had been wooing for nearly two years.
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