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Rolls-Royce ends bribery settlements in US, UK, Brazil

  Bloomberg Rolls-Royce Holdings Plc won approval from a UK judge for its settlement with British prosecutors as the US Justice Department unsealed a parallel agreement with the company in Ohio the day after the company announced it would pay $800 million in total to resolve bribery probes in both countries as well as Brazil. In London, Judge Brian Leveson ...

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London mayor urges businesses to join drive against hard Brexit

  Bloomberg London Mayor Sadiq Khan will urge business leaders to warn their governments of the threat posed to Europe by the “hard Brexit” advocated by UK Prime Minister Theresa May in her speech. Speaking at the World Economic Forum in Davos, Khan, who is a member of the opposition Labour Party, was expected to say that securing “privileged” access ...

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Europe oil firms, UK retailers may see 2017 restructuring

  Bloomberg Oil companies and UK retailers are the sectors most likely to come under financial stress in Europe this year, even as central bank stimulus keeps borrowing costs near historic lows, according to S&P Global Ratings and Fitch Ratings. With the European Central Bank committing to an asset-purchase program until at least December, leveraged companies can refinance their debt ...

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