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UK must agree to common rules to get deal, warns EU

Bloomberg The UK will need to go further than Canada in its commitments to the European Union (EU) if it wants to trade without tariffs and quotas, European Commission President Ursula von der Leyen warned, further raising the temperature with Britain before negotiations on the future relationship even start. In a direct, personal response to the speech by Prime Minister ...

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T-Mobile set to win court nod for Sprint takeover

Bloomberg T-Mobile US Inc is poised to win court approval for its $26.5 billion takeover of Sprint Corp, according to a person with knowledge of the matter, defeating a state-led lawsuit that sought to block the industry-altering wireless deal. US District Court Judge Victor Marrero in Manhattan is expected to rule, said the person, who asked not to be identified ...

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Daimler cuts dividend to lowest in decade

Bloomberg Daimler AG slashed its dividend to the lowest since the financial crisis and promised deeper cost cuts as Chief Executive Officer (CEO) Ola Kallenius frees up cash this year to electrify its vehicle lineup. Kallenius, who has struggled to make headway on a restructuring push in his first nine months on the job, vowed to deliver “significantly” higher profit ...

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