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ABOUT TO MOVE:
Wednesday, March 6, 2013
SPECIAL REPORT Reports content and are interested, please contact your Reuters account Manager. "Insights" are available to all World Service and Reuters America Wire customers.
ABOUT TO MOVE:
Wednesday, March 6, 2013
SPECIAL REPORT - Cancer-hospital chain markets false hope on dodgy data
Cancer Treatment Centers of America, a privately held for-profit company, attracts a lot of patients with data showing its outcomes beat the national averages for many advanced-stage cancers. The trouble is, the numbers are heavily skewed to favor the company, a Reuters investigation finds.
USA-CANCER/CTCA(SPECIAL REPORT-PIX,GRAPHICS)
Tuesday, March 5, 2013
INSIGHT - Japan's "Long War" to shut down Fukushima
Nearly two years after a a tsunami destroyed the Fukushima Daiichi nuclear reactors north of Tokyo, work to permanently shut down the plant has barely begun. The entire project will take 30-40 years and the cleanuput down Fukushima
Nearly two years after a a tsunami destroyed the Fukushima Daiichi nuclear reactors north of Tokyo, work to permanently shut down the plant has barely begun. The entire project will take 30-40 years and the cleanup in and around the plant will cost at least $100 billion. The reactors are still seeping radiation. Spent fuel rods have yet to be extracted from buildings so radioactive only robots can do any work. Reuters reporters visited the crippled plant three times over the past year and interviewed dozens of officials, engineers, workers and industry executives to compile the first comprehensive report on the decommissioning project. Many expressed concerns about a lack of technology, engineering talent and labour shortages - and the vast amount of funds Japan's heavily indebted government will need to spend.
JAPAN-FUYKUSHIMA/ moving at 2200 GMT, by Mari Saito, Kiyoshi Takenaka, and James Topham, pix, grnology, engineering talent and labour shortages - and the vast amount of funds Japan's heavily indebted government will need to spend.
JAPAN-FUYKUSHIMA/ moving at 2200 GMT, by Mari Saito, Kiyoshi Takenaka, and James Topham, pix, graphic, 1,600 words
RECENTLY MOVED:
MONDAY March 4, 2013
Special Report - Did Diane Sawyer smear "pink slime"?
Pdf: http://link.reuters.com/ceb46t
Last March, ABC began airing a series of broadcasts about a beef product that critics have called "pink slime." Now, a lawsuit filed against the news network by the product's maker, which many observers initially wrote off as a public relations ploy by a desperate company, is shaping up to be one of the most high-stakes defamation court battles in U.S. history.
Thursday, 28 Feb 2013
SPECIAL REPORT-Freedom fizzles out in China's rebel town of Wukan
pdf: http://link.reuters.com/rym95t
graphic: http://link.reuters.com/nap95t
A year ago, Wukan was in open rebellion. Townspeople forced the local leadership of the Communist Party to flee and began a months-long standoff with police. Eventually the government caved, sacking the local leaders and, in a first, allowing Wukan to conduct secret-ballot elections. Across China, people began buzzing about a "Wukan Spring."Next week, Communist Party leader Xi Jinping will officially assume control of China. He has vowed a crackdown on the entrenched interests that has fueled corruption in the party. But in Wukan, the spring is over. Reuters visited Wukan six times over the last year-and-a-half, chronicling the early protests, the uprising, its eventual triumph and now its disillusionment.
CHINA-WUKAN/ SPECIAL REPORT, by James Pomfret, PIX GRAPHIC, stories will publish at 2200 gmt Thursday Feb 28
graphic: http://link.reuters.com/dyw95t
CHINA-EDUCATION (PIX, GRAPHIC, BY DAVID LAGUE and Irene Jay Liu) Highly educated leaders in a broad range of disciplines are rising to the top of the ruling Communist Party, according to data from Connected China, a Reuters database application that tracks the connections and careers of China's leaders. It is both a product of the increasing complexity of China's economy and society and an evolution in the Party. A generation of revolutionary soldiers gave way to technocratic engineers who guided the following period of industrialization. The engineers are now handing over to leaders better qualified to run the world's second-biggest economy.
This is the first of two stories derived from the Connected China database. The stories will carry this advisory: Information and data for this story was derived from a new interactive tool, "Connected China". Click on connectedchina.reuters.com to visit a site that tracks thousands of people, institutions and connections that form China's power structure.
Friday, Feb 22, 2013
SPECIAL REPORT-The loneliness of the short distance pope
PDF: http://link.reuters.com/peq26t
VATICAN CITY - Reuters has spoken to Vatican insiders and experts to delve into Benedict's thinking and get an idea of how he made his decision to step down. The picture they paint is of a serious intellectual, ill at ease with the day-to-day running of the Church, who let himself become isolated in the Vatican
POPE-RESIGNATION/DECISION (SPECIAL REPORT, PIX), by Philip Pullella, expect at 0700, 2,200 words
Thursday, Feb 21, 2013
SPECIAL REPORT-Russia's $50 billion Olympic gamble
pdf: http://graphics.thomsonreuters.com/13/02/SochiOlympics.pdf
SOCHI - The Olympics in Sochi, Russia, next year will be the most expensive games, summer or winter, ever staged. While Russia's President Vladimir Putin has not flinched at the eye-popping expense, some private investors and wealthy oligarchs, recruited by Putin to help foot the bill, are chafing at how much they are expected to do. In a rare challenge to the Kremlin they are demanding that the state help with the rising costs.
RUSSIA-SOCHI/ (SPECIAL REPORT), moving at 0400 gmt, by Thomas Grove, 2350 words
Friday, 15 Feb 2013
SPECIAL REPORT: Charter schools put parents to the test
Pdf http://link.reuters.com/xug95t
U.S. charter schools are touted as open to all but in fact aggressively screen applicants. Under embargo for release Friday, Feb 15, 0700ET/1200GMT.
USA-CHARTERS/ADMISSIONS(SPECIAL REPORT-PIX,GRAPHICS)
Thursday, 16 Jan 2013
SPECIAL REPORT - China's military hawks take the offensive
PDF http://graphics.thomsonreuters.com/13/01/ChinaHawks.pdf
video link http://link.reuters.com/geq44t
graphic link http://link.reuters.com/fyh35t
HONG KONG - Senior officers in China's military have become increasingly hawkish in their rhetoric, amid heightened tensions with China's neighbours over disputed isles in its coastal seas. It is uncertain if the hawks represent a majority opinion in the 2.3 million-strong People's Liberation Army or exercise real influence over foreign policy. But one generally agreed explanation for their prominence: The PLA now has something to talk about. The military budget has soared to an estimated $200 billion - the world second-highest behind the U.S. For the first time in its modern history, China has the firepower to back up the fiery rhetoric.
CHINA-HAWKS/ (SPECIAL REPORT), by David Lague, pix, TV, graphic, 2,800 words
Thursday, 10 Jan 2013
SPECIAL REPORT-The next act in the foreclosure horror show: zombie titles
PDF http://link.reuters.com/keh25t
Five years after the U.S. real-estate crash, thousands of homeowners are finding themselves legally responsible for houses they had no idea they still owned -- some of them being prosecuted and even facing threat of jail -- as banks walk away from foreclosures.
USA-FORECLOSURES/ZOMBIES(SPECIAL REPORT-PIX,GRAPHICS)
Wednesday, 9 Jan 2013
SPECIAL REPORT-How Mario Draghi is reshaping Europe's central bank
PDF link is: http://graphics.thomsonreuters.com/13/01/Draghi.pdf
As president of the European Central Bank, Mario Draghi has proved ready to intervene in the markets and try policies that would have been unthinkable a few years ago. At the same time within the bank has introduced a much freer, more hands-off culture that relies on delegation and people making their own decisions rather than kicking them up to the board.
DRAGHI-ECB/INSIDE (SPECIAL REPORT, PIX, GRAPHIC), by Andreas Framke, Eva Kuehnen and Sakari Suoninen, 2,500 words
Monday, 7 Jan 2013
EXCLUSIVE-U.S. nuclear lab removes Chinese tech over security fears
A leading U.S. nuclear weapons laboratory recently discovered its computer systems contained some Chinese-made network switches and replaced at least two components because of national security concerns, a document shows
(HUAWEI-ALAMOS/), pix, by Steve Stecklow, 940 words)
Sunday, 30 Dec 2012
SPECIAL REPORT - OKADA-PHILIPPINES -"Casino tycoon's big bet on a Philippine fixer"
pdf: http://link.reuters.com/rut84t
Japanese billionaire Kazuo Okada was facing a crisis: work on his dream casino by the bay in Manila was going nowhere. Instead of a world-class resort packed with Chinese high-rollers, Okada, 70, was sitting on a $300-million patchwork of reclaimed and undeveloped land in November 2009 that was threatening to become a money pit. He needed help from the administration of then President Gloria Arroyo and it came through. But payments of $40 million to a local fixer known as "Boysie", first disclosed by Reuters, is now the subject of potential bribery investigations in the United States and the Philippines.
(OKADA-PHILIPPINES/ by Nathan Layne, Taro Fuse and Kevin Krolicki, pix and graphics, around 3,000 words)
Friday, 28, Dec 2012
SPECIAL REPORT-Behind the sanctions on Iran
pdf link: http://graphics.thomsonreuters.com/12/12/IranSanctions.pdf
WASHINGTON - In interviews, senior U.S. and European officials describe the intense diplomatic maneuvering they undertook to enact new sanctions against Iran without causing an oil shock. Obama warned allies that oil sanctions were the only way to avert a new war between Israel and Iran. U.S. envoys pressed Iraqi, Libyan and, above all, Saudi officials to pump up their own crude supplies. Washington and its allies massaged skittish oil markets with carefully calibrated messages. U.S. diplomats journeyed to southern Iraq to inspect plans for new oil terminals that could help blunt the loss of Iranian shipments. The challenge, American officials said, was to clamp down on Iran's oil exports while mitigating the risks of an oil crisis.
(IRAN-SANCTIONS/ (SPECIAL REPORT, PIX, GRAPHICS) by Arshad Mohamed, Justyna Pawlak and Warren Strobel, 3500 words)
Thursday, 27 Dec 2012
SPECIAL REPORT: Myanmar's deep mine of old troubles
pdf link: http://link.reuters.com/jyq84t
map graphic: http://link.reuters.com/far84t
Myanmar's crackdown on protests against a mine owned by military and Chinese investors sparked nationwide outrage. It dented the reformist credentials of President Thein Sein, a former general whose quasi-civilian government replaced a decades-old dictatorship in 2011 and underscored how, after a year of often breathtaking change, the bad old Myanmar still looms over the new.
(MAYNMAR-REFORMS/ by Andrew Marshall, pix, graphic, 2,600 words)
Thursday, 27 December, 2012
SPECIAL REPORT - Chesapeake, McClendon endure rocky year, more uncertainty ahead
The stock price of his energy company is down nearly 30 percent. The board stripped him of his chairmanship amid scandal. Today, his estimated billion-dollar personal fortune has shrunk by more than half. Aubrey McClendon, 53, endured a trying year running the second-largest natural gas producer in the United States, Chesapeake Energy Corp. But as corporate, state and federal probes into McClendon and the company continue, 2013 isn't looking much easier.
CHESAPEAKE-MCCLENDON/(GRAPHIX,PICS)
Thursday, 27 December, 2012
SPECIAL REPORT - How the UK tax authority got cozy with big business
pdf: http://link.reuters.com/juk84t
LONDON (REUTERS) - Big companies in Britain now pay less tax than they did 12 years ago despite a big jump in profitability, a Reuters analysis of official data shows. Tax campaigners say the trend is the clearest signal yet that tax avoidance has blossomed under a more business-friendly strategy at the UK tax authority Her Majesty's Revenue and Customs (HMRC)
TAX-HMRC/ (SPECIAL REPORT, PIX, GRAPHIC), by Tom Bergin, 0900gmt, 2700 words
Sunday, 16 December, 2012
SPECIAL REPORT - Stalking the Taliban's banker
PDF: http://link.reuters.com/deb64t
video: http://reut.rs/Td8HTO
graphic hawala trade: http://link.reuters.com/huz54t
graphic Opium prices: http://link.reuters.com/juz54
KABUL - Haji Khairullah Barakzai is the ultimate Afghan success story. An illiterate village boy-turned-currency tycoon who became fabulously rich thanks to a lifetime of hard work, unerring street smarts and God's favour. To the U.S. Treasury Department, he is one of the biggest bankers to the Taliban, the architect of an underground network that converts opium grown in the poppy fields of his native southern Afghanistan into cash. The showdown between Khairullah and his pursuers opens a rare window into another kind of war, where financial intelligence trumps firepower, and captured territory is measured in frozen accounts. It is a war which, so far, the West has been losing. (By Matt Green, pix, tv, graphics around 2,700 words)
AFGHANISTAN-HAWALA/
Thursday, 20 December, 2012
SPECIAL REPORT - "The deserving poor" - Part 3 in the income-inequality series.
pdf: http://link.reuters.com/jaq64t
In an era featuring one of the highest degrees of income inequality on record in the United States, Indiana stands out in two ways. It has seen the second-sharpest rise in poverty levels of any American state in the past two decades, and it has undertaken one of the most aggressive efforts to change the system of benefits for the poor, with mixed results.
EQUALITY/INDIANA
Wednesday, 19 December, 2012
SPECIAL REPORT - The end of the "great equalizer" - Part 2 in the income-inequality series.
Pdf: http://link.reuters.com/haq64t
Why Massachusetts, home to America's best schools and universities, has seen income inequality soar: the "great equalizer" in society, education, isn't working the way it's supposed to.
EQUALITY/MASSACHUSETTS (SPECIAL REPORT, PIX, GRAPHICS)
Tuesday, 18 December, 2012
SPECIAL REPORT - Redistributing up - Part 1 of series on income inequality.
Pdf: http://link.reuters.com/faq64t
In Washington DC, the city where America launched a war on poverty in 1968, the rich are getting richer because of government and the poor are getting poorer in spite of it.
EQUALITY/WASHINGTON (SPECIAL REPORT, PIX, GRAPHICS)
Monday, December 17
SPECIAL REPORT-Greece's triangle of power
PDF: http://link.reuters.com/xet64t
A nexus of media, business and politics lies behind the country's crisis, say critics, and the interwoven interests hinder efforts to reform the economy. A look at how the country's media operate. (GREECE-MEDIA (SPECIAL REPORT, PIX, GRAPHIC)
Sunday, December 16
SPECIAL REPORT-EU threat spotlights perfume makers' secrets
PDF: http://link.reuters.com/cuh64t
PARIS - Luxury perfume brands fear the European Union is about to introduce measures that could cripple the $25 billion industry in the name of protecting consumers against allergies. New laws could severely curb or ban natural ingredients used in vintage best-sellers and put some perfume makers out of business. But Brussels' proposed legislation is also causing a stir for another reason. It sheds light on the best-kept secret in the trade: many big brands have been tweaking their formulas for years. (FRANCE-PERFUME/ (SPECIAL REPORT, PIX, GRAPHICS) moving at 0700gmt, by Astrid Wendlandt, 1850 words)
SPECIAL REPORT-Jane's Jihad: a four-part series
In this four-part reconstruction of the case of Jihad Jane, Reuters found the plot to murder Swedish cartoonist Lars Vilks proved far more farcical than frightful, far more absurd than ominous.
Friday, December 7
- USA-JIHADJANE/
PDF: http://link.reuters.com/seg54t
Saturday, December 8
- USA-JIHADJANE/TWO
PDF: http://link.reuters.com/teg54t
Sunday, December 9
- USA-JIHADJANE/THREE
PDF: http://link.reuters.com/veg54t
Monday, December 10
- USA-JIHADJANE/FOUR
PDF: http://link.reuters.com/weg54t
Thursday, December 6
SPECIAL REPORT-Amazon's billion-dollar tax shield
PDF link: http://link.reuters.com/fyx44t
Reuters looks at how Amazon uses its Luxembourg businesses to avoid tax, and highlights the way multinationals reduce their taxes by parking intellectual property in tax havens and charging affiliates big fees for using it. (TAX-AMAZON/ (SPECIAL REPORT, PIX, GRAPHIC), by Tom Bergin, moved, 2,000 words)
SPECIAL REPORT - The music banker's big score
PDF: http://link.reuters.com/jef44t
This story reveals the business of making loans against music royalties. Specifically, we profile the business of one music lender in Beverly Hills that has made a decades-long career by providing fast-cash to musicians against their royalties. His clients include the songwriters behind big-name hits, but some of those clients also have big gripes. Reuters found numerous high interest loans and lawsuits where musicians complain about his business practices. (MUSIC-BANKER(SPECIAL REPORT-PIX,GRAPHICS), moved, by Robin Respaut and Atossa Araxia Abrahamian, 2,620 words)
** CORRECTED VERSION FILED - Corrects name of Advanced Royalty Tracking. Corrects identity of person who signed fax sent to Robert Besser
Wednesday, 5 Dec 2012
SPECIAL REPORT-How foreign firms tried to sell spy gear to Iran
PDF link: http://link.reuters.com/xus44t
LONDON - Documents show that a partner of Chinese telecommunications firm Huawei offered to sell Iran a Huawei-developed system that could enable monitoring of the internet.
SPECIAL REPORT, PIX) by Steve Stecklow, subscribers to Special Reports expect at 0800gmt on Wednesday, 2,300 words
Tuesday, 04 December, 2012
SPECIAL REPORT-Behind US race cases, a little-known recruiter
Sometime in the next few months, the U.S. Supreme Court will decide two cases that could fundamentally reshape the rules of race in America. In one, a young white woman named Abigail Fisher is suing the University of Texas over affirmative action in college admissions. In the other, an Alabama county wants to strike down a law that requires certain states to get federal permission to change election rules. If they win, the names Fisher and Shelby County, Ala., will instantly become synonymous with the elimination of longstanding minority-student preferences and voting-rights laws. But behind them is another name, belonging to a person who is neither a party to the litigation nor even a lawyer, but who is the reason these cases ever came to be. He is Edward Blum, a little-known 60-year-old former stockbroker.
USA-COURT/CASEMAKER (special report/pix)
SUNDAY, 2 December, 2012
SPECIAL REPORT-Why some new countries are more equal than others
PDF link is here: http://link.reuters.com/wym34t
A Reuters examination of more than a dozen key indicators in the 31 nations founded or reconstituted since 1990 shows just how steep a climb South Sudan, the world's newest country, faces.
(SPECIAL REPORT, PIX, GRAPHICS) by Peter Apps, subscribers to Special Reports expect at 0700 gmt on Sunday Dec. 2, 1,500 words)
FRIDAY, 30 November, 2012
SPECIAL REPORT - Greece's pension crisis
http://link.reuters.com/vuw34t
While foreign investors were dumping Greek government bonds, the country's pension funds - part run by the national bank - kept holding them, and even bought a few more. The purchases may have helped the Greek government, but they have left pension funds and pensioners with big losses. Who is to blame and what should be done about it?
GREECE-CRISIS/PENSIONS
Thursday, 29 Nov, 2012 z 8 pm EDT
SPECIAL REPORT: Bank of Japan at the Crossroads
pdf link: http://link.reuters.com/pew34t
Rating Shirakawa: http://link.reuters.com/nah34t
Ballooning balance sheet: http://link.reuters.com/fan93t
Japan's deflation: http://link.reuters.com/dan93t
The Bank of Japan is at crossroads. The institution that pioneered zero-rate quantitative easing policy a decade ago has adopted a cautious approach under its chief Masaaki Shirakawa, one of QE architects who over the years grew increasingly skeptical about its merits. But it is nearly certain that when Shirakawa's term ends next April he will be replaced with someone more willing to listen to politicians' calls for more action.
JAPAN-BOJ
Tuesday, 27 November, 2012
SPECIAL REPORT: In youth-crazed Silicon Valley, older execs face age bias
pdf: http://link.reuters.com/daz24t
Older executives in the U.S. tech industry say they increasingly face age bias in a culture that extols fresh ideas and young programmers willing to toil through the night. Chief executives in their 20s, led by Facebook's Mark Zuckerberg, are lionized, in part because of their youth. Many investors state bluntly that they prefer to see people under 40 in charge. Yet the youth worship undercuts another of Silicon Valley's cherished ideals: that anyone smart and driven can get ahead in what the industry likes to think of as an egalitarian culture. To many, it looks like simple age discrimination - and it's affecting people who wouldn't fit any normal definition of old. Some are resorting to hipster outfits, hair dye and cosmetic surgery. 1900 words.
ALLEY/AGEISM (SPECIAL REPORT)
Tuesday, Nov. 20
SPECIAL REPORT-Plunder preserves fragile peace in South Sudan
pdf: http://link.reuters.com/kud24t
JUBA- Just 16 months after breaking away from its old masters in Khartoum, South Sudan seems caught between principles and pragmatism. The rulers of the world's newest nation have fostered a system of patronage and rewards to provide stability, but that has fuelled rampant corruption that undermines the ideals of the country's liberators and its foreign backers
SOUTH-SUDAN/GOVERNORS
SPECIAL REPORT-How Libor fixing became business as usual among traders
Pdf: http://link.reuters.com/gew93t
The Libor manipulation scandal has centered on a few traders at a handful of banks, but as a Reuters investigation shows, fudging the numbers to achieve the desired rate had become the m.o. for trading desks since the '90s.
LIBOR-FIXING/ORIGINS
November 16, 2012
SPECIAL REPORT-Myanmar military's next campaign: shoring up power
pdf: http://link.reuters.com/fuk93t
graphic http://link.reuters.com/rym93t
NAYPYITAW - Aung Thaw was a teenager when he joined Myanmar's armed forces, which seized power in 1962 and led a promising Asian nation into half a century of poverty, isolation and fear. Now 59, he has a new mission as deputy minister of defense: explaining why the military intends to retain a dominant role in a fragile new era of democratic reform.
two sidebars: "In Myanmar, a monument to military conceit" and "Massacre allegations haunt Myanmar's Christie Island"
MYANMAR-MILITARY/
Thursday, 15 November, 2012
SPECIAL REPORT - The other new Sudan
pdf: http://link.reuters.com/vuk93t
KHARTOUM - The birth of South Sudan last year created two new nations: the south itself and a new, smaller version of Sudan, the state from which the south seceded. Sixteen months on, the Arab-dominated north and its president are grappling with huge challenges, not least widening splits within the ruling party.
SOUTH-SUDAN/KHARTOUM (SPECIAL REPORT, PIX, GRAPHIC)
Wednesday, 14 November, 2012
SPECIAL REPORT-South Sudan's Chinese oil puzzle
pdf: http://link.reuters.com/qeb93t
JUBA - As South Sudan's leaders shift from waging war to running a state, the country's oil is proving one of the trickiest puzzles. How South Sudan uses its oil, which accounts for almost all of the country's income, and how it builds its relationship with China, will largely determine whether or not it prospers.
SOUTH-SUDAN/OIL (SPECIAL REPORT, PIX, GRAPHIC), moved at 0630GMT, by Alexander Dziadosz, 3,300 words
Tuesday, 13 November, 2012
SPECIAL REPORT - How a prosperous California exurb turned itself into a basket case
PDF link: http://link.reuters.com/keh73t
San Bernardino's decades-long journey from prosperity to bankrupt, crime-ridden basket case is surprisingly straightforward-and alarmingly similar to the path travelled by many cities around America's largest state. A Reuters examination of city data finds that little by little, over many years, the salaries and retirement benefits of city workers-and especially its police and firemen-grew richer and richer, even as the city lost major employers and gradually got poorer and poorer. Unions poured money into city council elections, and the city council poured money into union pensions. Calpers, which manages pension plans for many cities including San Bernardino, encouraged ever-sweeter benefits. Investment bankers sold clever bond deals to pay for them. Last August it all blew up.
BERNARDINO/BANKRUPT
Monday, 12 November, 2012
SPECIAL REPORT - Greece's far-right party goes on the offensive
pdf link is here: http://link.reuters.com/rut83t
ATHENS - In Greece the nationalist party Golden Dawn has risen from fringe group to third in the polls. The party combines welfare for impoverished Greeks with a pledge to remove all illegal immigrants. An examination of how Golden Dawn operates, what it stands for and how far its influence now reaches (SPECIAL REPORT, PIX, GRAPHIC) by Dina Kyriakidou, subscribers to Special Reports expect at 0900 gmt, 2,300 words)
GREECE-CRISIS/DAWN
Sunday, 11 November, 2012
Special Report - Witnesses tell of organized killings of Myanmar Muslims
pdf link: http://link.reuters.com/jav83t
The story has exclusive material on the origins of the recent violence against Myanmar's Rohingyas and who is instigating it.
MYANMAR-FIGHTING/(SPECIAL REPORT, PIX, TV, GRAPHIC) and sidebar MYANMAR/RNDP
Friday, 09 November, 2012
SPECIAL REPORT - Elkann's Fiat
PDF link http://link.reuters.com/meh73t
As controlling shareholder of Italian carmaker Fiat, John Elkann faces a harsh choice. The rules of economics dictate that Fiat should shut one of its five Italian auto factories, since demand for cars in Italy may never reach pre-crisis levels again. But Elkann, 36, is under intense pressure from the Italian Prime Minister Mario Monti (who happens to be a family friend) to find a way to keep making Fiat cars in Italy. How long can Fiat's sense of "owing" Italy oblige it keep it making cars in its native land even when it's losing money here?
Fiat-Elkann/
Thursday, Nov. 8, 2012
SPECIAL REPORT: Why Germany backed out of BAE/EADS: the inside story
http://link.reuters.com/dyb83t
http://link.reuters.com/byb83t
TOULOUSE/BERLIN - We trace German Chancellor Angela Merkel's veto on the proposed tie-up back through internal documents and accounts to decades of resentments and clashes about Germany's secondary role to the French and UK in an industry synonymous with national strategic ambitions.
EADS-BAE/GERMANY (SPECIAL REPORT)
November 1, 2012
SPECIAL REPORT- Starbucks's European tax bill disappears down $100 million hole
http://link.reuters.com/pyb73t
Reuters continues its investigation into Starbucks and the coffee chain's relationship with the tax man. Starbucks told investors it made a $40 million profit in Europe in 2011, but accounts filed for its UK, German, and French units, which make up 90 percent of European revenues, showed a loss of $60 million. Did the coffee giant lose $100 million in the year prior to filing its tax returns? Far from it. An examination of Starbucks accounts in Germany and France shows the firm employed the same tactics there that Reuters recently showed it uses in the UK: reporting losses to the taxman while boasting healthy cash flows to investors.
EUROPE-STARBUCKS/TAX, STARBUCKS-TAX/GERMANY-FRANCE
(Created by Chris Kaufman)