Business & Finance News
DUBLIN (Reuters) – Apple has paid 1.5 billion euros ($1.18 billion) into an escrow account set up by the Irish government to hold 13 billion euros ($16 billion) in disputed taxes, Finance Minister Paschal Donohoe said on Friday.
(Reuters) – After holding an interest in Hilton Worldwide Holdings Inc for nearly 11 years, private equity firm Blackstone Group LP has decided to exit the hotel chain operator by selling its about 5.8 percent stake.
(Reuters) – U.S. stock index futures were lower on Friday as technology shares slipped, while investors waited for the outcome of Sino-U.S. trade talks.
PARIS (Reuters) – The head of France’s business lobby in Iran said on Friday he feared a mass exodus of European firms following the U.S. decision to impose new sanctions and that EU government efforts to protect their companies were unlikely to be enough.
LONDON (Reuters) – Glencore on Friday said it could not comment on a report by Bloomberg that it may face an enquiry from Britain’s Serious Fraud Office into allegations of bribery linked to its operations in Democratic Republic of Congo.
(Reuters) – Private equity firm Blackstone Group LP has decided to exit Hilton Worldwide Holdings Inc by selling its about 5.8 percent stake or 15.8 million shares, the hotel chain operator said on Friday.
GENEVA (Reuters) – President Donald Trump has the World Trade Organization in a chokehold, and the United States has made clear what he wants: no more judicial rulings that interpret WTO rules to Washington’s disadvantage.
LONDON (Reuters) – BP Chief Executive Bob Dudley expects a flood of U.S. shale and the reopening of OPEC taps to cool the oil market after crude rose above $80 a barrel this week.
(Reuters) – U.S. stock index futures rose slightly in choppy trading on Friday as oil prices climbed, while investors kept a close watch on Sino-U.S. trade talks.
BOSTON (Reuters) – Several socially conscious investment firms are selling or rethinking their Facebook Inc holdings, unsatisfied by the company’s moves to strengthen personal data protection and online safety after scandals involving the improper sharing of users’ information.
(Reuters) – Cambridge Analytica, the political consultancy at the center of Facebook Inc’s privacy scandal, filed for Chapter 7 bankruptcy in the United States late on Thursday.
HAMBURG (Reuters) – Volkswagen’s sports-car brand Porsche has been asked by Germany’s KBA automotive regulator to recall around 60,000 diesel-engined Macan and Cayenne sport-utility vehicles, a KBA spokesman said.
BEIJING (Reuters) – China denied on Friday that it had offered a package to slash the U.S. trade deficit by up to $200 billion, hours after it dropped an anti-dumping probe into U.S. sorghum imports in a conciliatory gesture as top negotiators meet in Washington.
LONDON (Reuters) – Brent oil prices rose on Friday and were set for a sixth straight week of gains, boosted by strong demand, looming sanctions on Iran, plummeting Venezuelan production and Nigerian disruptions, as Saudi Arabia moved to assuage supply concerns.
DUBLIN (Reuters) – There is still a possibility that flights will not be able to take place the day after Britain’s planned departure from the European Union next year, an EU official said on Friday.
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