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UPS air maintenance workers threaten strike ahead of shareholders meeting

April 30, 2017 by  
Filed under News

(Reuters) – A union representing 1,200 U.S. air maintenance workers at United Parcel Service Inc ┬áturned up pressure on the company on Sunday to settle a three-year contract dispute, saying it would seek clearance to strike.


Source: Reuters Business News

Trump could target 'carried interest' tax loophole: official

April 30, 2017 by  
Filed under News

WASHINGTON (Reuters) – The Trump administration’s push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince Priebus said on Sunday.


Source: Reuters Business News

Off target in 2016, global elite regroup at Milken conference

April 30, 2017 by  
Filed under News

BEVERLY HILLS, Calif. (Reuters) – Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate – and profit from – hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.


Source: Reuters Business News

Siemens, SAP sign cooperation deals with Saudi Arabia: officials

April 30, 2017 by  
Filed under News

JEDDAH (Reuters) – Saudi Arabia wants German companies Siemens and SAP to play an important role in furthering the kingdom’s “digital transformation”, company officials said on Sunday during German Chancellor Angela Merkel’s visit to the country.


Source: Reuters Business News

Sudden collapse of Alitalia would be a shock to Italy's economy-minister

April 30, 2017 by  
Filed under News

ROME (Reuters) – A sudden collapse of loss-making national airline Alitalia [CAITLA.UL] would be a great shock for Italy’s economy, Industry Minister Carlo Calenda said on Sunday.


Source: Reuters Business News

Bailout or bust? Alitalia divides a nation, paralyzes Rome

April 29, 2017 by  
Filed under News

ROME/MILAN (Reuters) – Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed.


Source: Reuters Business News

Zalando ponders opening stores in major cities: Manager Magazin

April 29, 2017 by  
Filed under News

BERLIN (Reuters) – Online fashion retailer Zalando is pondering opening stores in major cities such as London, Paris or Berlin, the company’s co-chief executive told Germany’s Manager Magazin.


Source: Reuters Business News

Google gets Australian tax office demand to pay more, says to fight it

April 29, 2017 by  
Filed under News

SYDNEY (Reuters) – Alphabet Inc’s Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is trying to claw back billions of dollars from multinational corporations citing unpaid taxes.


Source: Reuters Business News

Amazon's moves beyond retail get Wall Street thumbs up, for now

April 28, 2017 by  
Filed under News

SAN FRANCISCO (Reuters) – Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus.


Source: Reuters Business News

In first 100 days, a reversal of fortune for Trump favorites on Wall Street

April 28, 2017 by  
Filed under News

SAN FRANCISCO (Reuters) – A funny thing happened on Wall Street in Donald Trump’s first 100 days in the White House: Shares of companies that got closest to the president lagged the market’s march higher.


Source: Reuters Business News

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