Recent Posts

Tesla to buy SolarCity for $2.6 billion

  New York / AFP Electric carmaker Tesla said it won agreement from SolarCity to acquire the solar power company for $2.6 billion, confirming a deal that has been criticized on Wall Street. Tesla announced the bid in late June, but it drew jeers on Wall Street, in part because of skepticism over the motives of Tesla chief executive Elon ...

Read More »

Weak data, Italian bank woes pressure European stocks

  Bloomberg European stocks fell on weak British and eurozone manufacturing data and worries about the health of Italian banks. Equities elsewhere were mixed, with the Dow in the US retreating slightly as oil prices fell but the tech-rich Nasdaq finishing higher. The Japanese Nikkei pushed higher for a second straight session. London slid 0.5 percent after a survey showed ...

Read More »

Luxembourg appeals verdicts in LuxLeaks scam

  Luxembourg / AFP Luxembourg has lodged an appeal against the sentences handed down to three LuxLeaks whistleblowers who exposed the small duchy’s huge tax breaks for giant multinationals, the justice department said Tuesday. “The state prosecutor lodged a general appeal at the end of last week,” spokesman Henri Eippers said. Former PricewaterhouseCoopers employees Antoine Deltour and Raphael Halet were ...

Read More »
Send this to a friend