BRUSSELS, Dec 10- Ryanair may not receive any 737 MAX aircraft from Boeing in time for its summer season due to European delays in testing the grounded jets, Chief Executive Michael O'Leary said. O'Leary told Reuters on Tuesday that testing in Europe was running behind the U.S. schedule due to the European Union Aviation Safety Agency wanting to be seen as...
BELFAST, Dec 10- In a part of Belfast where huge "peace walls" still keep some Catholic Irish nationalists and Protestant unionists apart, Thursday's UK general election could have far-reaching consequences in the decades-long battle for a united Ireland. Such a breakthrough would amplify calls for a vote on splitting from the rest of the United Kingdom, just as...
BRUSSELS, Dec 10- Ryanair may not receive any 737 Max aircraft from Boeing by next summer over European delays in testing the grounded jets, Chief Executive Michael O'Leary said, estimating the issue is costing it at least 100 million euros a year. O'Leary told Reuters on Tuesday that testing in Europe was running behind the United States and planes were likely to...
LONDON, Dec 9- Britain's peer-to-peer lenders faced tough new rules on Monday, which industry executives and analysts expect to prompt a clearout after the failure of two firms in the last six months. The collapses of Lendy and FundingSecure and a Financial Conduct Authority letter to executives in September warning it was monitoring bad practices at some...
LONDON, Dec 8- Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. While still only "nascent" in most countries, Big Tech in countries like China has brought financial services within reach of underserved communities, the FSB, which is...
LONDON, Dec 8- Britain's biggest retailer, Tesco, has signalled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations. Celebrating its 100th anniversary, Tesco is five years into a UK- focused recovery plan launched by Chief Executive Dave...
PARIS, Dec 8- France is ready to go to the World Trade Organization to challenge U.S. It is not discriminatory, "Finance Minister Bruno Le Maire told France 3 television. Le Maire said France was willing to discuss a global digital tax with the United States at the Organisation for Economic Cooperation and Development, but that such a tax could not be optional for...
SAO PAULO, Dec 6- Brazilian meatpacker JBS SA said in a securities filing late on Friday the company is considering a U.S. listing of its international assets but not a change of its headquarters. In the filing, JBS also denied an earlier report by Brazilian newspaper Folha de Sao Paulo that cited an alleged June plan, mentioning a potential change of headquarters...
Germany and France were among its backers. This potentially sets up a dispute with EU members Luxembourg, the Netherlands and Ireland, which widely use low tax and other sweeteners to host EU headquarters of foreign firms, depriving other EU governments of tax revenues from profits that corporations make on their territory. At a meeting of EU finance ministers...
PARIS, Dec 6- France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. But France and the United States are already on a collision course over the issue, with Washington threatening heavy duties on imports of champagne, cheeses and luxury...
PARIS, Dec 5- Euronext has agreed to buy a controlling stake in Nordic-focused power market firm Nord Pool, boosting the European stock market operator's presence in the region after its takeover of the Oslo stock exchange earlier this year. "By joining forces with Euronext, Nord Pool will be even better positioned to support the shift to new ways of managing...
WASHINGTON/ PARIS, Dec 4- U.S. The imbroglio threatened to deepen tensions between Washington and Europe over a U.S. threat to impose 100% tariffs on a raft of French products, including Champagne, cheese and handbags, over France's 3% digital services tax. France, Italy, Austria, Britain and other countries have proposed taxes on digital services that Washington...
*Trump: I won't allow France to take advantage of U.S. firms. PARIS/ LONDON, Dec 3- France and the European Union said on Tuesday they were ready to retaliate if U.S. The threat of punitive tariffs followed a U.S. government investigation that found a new digital services tax in France would harm U.S. technology companies, and will intensify a festering trade dispute...
DUBLIN, Dec 3- Ryanair launched a bid in Ireland's High Court on Tuesday to prevent operations chief Peter Bellew from joining arch-rival easyJet until 2021, saying he possessed information of immense competitive value and that he had signed a non-compete clause. Europe's biggest budget airline said in July that the former Malaysia Airlines boss, who denies...
DUBLIN, Dec 3- Ryanair launched a bid in Ireland's High Court on Tuesday to prevent operations chief Peter Bellew from joining arch-rival easyJet until 2021, saying he possessed information of immense competitive value and that he had signed a non-compete clause. Europe's biggest budget airline said in July that the former Malaysia Airlines boss, who denies...
*France and EU ready to fight back, Le Maire says. PARIS, Dec 3- France and the European Union said on Tuesday they are ready to retaliate if U.S. He had earlier said he would not allow France to take advantage of American companies and that the European Union treated the United States very unfairly on trade.
DUBLIN, Dec 3- Ryanair heads to court on Tuesday to try to prevent operations chief Peter Bellew from joining arch-rival easyJet until 2021.. But after easyJet announced Bellew's appointment as its new chief operations officer a week later, Ryanair launched legal proceedings in Ireland's High Court. Ryanair boss Michael O'Leary told reporters in September...
SAN FRANCISCO, Dec 2- Twitter Inc is updating its global privacy policy to give users more information about what data advertisers might receive and is launching a site to provide clarity on its data protection efforts, the company said on Monday. The California law requires large businesses to give consumers more transparency and control over their personal...
Dec 2- Facebook Inc said on Monday it has introduced an option to transfer photos and videos from the social media network directly to other services, starting with Google Photos. The option will be available to users in Ireland, with a worldwide roll-out planned for the first half of 2020.. United States Senators Josh Hawley, Mark Warner and Richard Blumenthal...
BRUSSELS, Nov 29- Officials from the new European Commission will discuss a report by International Monetary Fund researchers that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive's helm. Luxembourg, a country of 600,000 people, hosts as much foreign direct investment as the United...
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