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15 killed in gun attack in western Ethiopia

Bloomberg An attack by unidentified gunmen in Ethiopia’s western Benishangul-Gumuz region left at least 15 people dead, including four women, in the third such raid this month, according to the Ethiopian Human Rights Commission. “Civilians are being subjected to repeated attacks with unmitigated cruelty in Benishangul-Gumuz,” Daniel Bekele, the chief commissioner said in an emailed statement. “Federal and regional authorities ...

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Apple’s $15 billion tax victory faces EU appeal at top court

Bloomberg Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies. The EU’s General Court “made a number of errors of law” when it sided with Apple in its ruling in July, the ...

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Nissan may return to profit in 2021

Bloomberg Nissan Motor Co. expects to return to profitability in 2021 if the current momentum continues, with demand in China already bouncing back from the pandemic, Chief Executive Officer Makoto Uchida said. The company, which in May reported its first fiscal year loss in a decade and the biggest in 20 years, is forecasting a strong recovery in the Chinese ...

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