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Bloomberg Private equity firms are setting their sights on French payments processor Ingenico Group SA as they scout the market for their next target among Europe’s hottest fintechs, according to people with knowledge of the matter. The Paris-based company, with a market value of about 4.73 billion euros ($5.5 billion), is drawing preliminary interest from several buyout firms, some of ...

Bloomberg Facebook Inc said private data about its European users may not have fallen into the hands of Cambridge Analytica after all, as the social network continues to fend off criticism about a scandal that sparked global outrage. “The best information we have suggests that no European user data was shared by Dr [Aleksandr] Kogan with Cambridge Analytica,” Stephen Satterfield, ...

Bloomberg France’s Eutelsat Communications SA said it won’t make a takeover offer for Inmarsat Plc, a sudden reversal that strengthens EchoStar Corp.’s hand in its pursuit of the British satellite operator. Eutelsat had said it might bid for Inmarsat, confirming a report by Bloomberg News. The change of heart means that, under UK takeover rules, the Paris-based company now can’t ...

Bloomberg Rupert Stadler, Audi’s suspended chief executive officer, is facing at least another week in a German prison over the carmaker’s diesel scandal, as an ex-manager who oversaw engine development was released on bail after nine months. Defense attorneys and investigators scheduled meetings to allow Stadler to answer questions for next week, and he will remain in custody for now, ...

Bloomberg Prime Minister Theresa May’s chaos-stricken UK government risks slowly suffocating investments for car manufacturers desperate for clarity post-Brexit from a party that calls itself pro-business. That’s the stark assessment of Mike Hawes, chief executive officer of the Society of Motor Manufacturers and Traders, who took a jab at May’s widely-debunked promise that there will be extra money to spend ...

Bloomberg Volkswagen AG’s fledgling Moia mobility unit is betting on the rise of self-driving cars to deliver on its plan to catch up with ride-hailing leaders like Uber Technologies Inc without burning through piles of cash. Moia is focussed on connecting the fast-changing mobility marketplace with the German automaker’s vast manufacturing capacity, including its efforts to develop autonomous cars, according ...

Bloomberg Special Counsel Robert Mueller is preparing to accelerate his probe into possible collusion between Donald Trump’s presidential campaign and Russians who sought to interfere in the 2016 election, according to a person familiar with the matter. Mueller and his team of prosecutors and investigators have an eye toward producing conclusions — and possible indictments — related to collusion by ...

Bloomberg Jim Mattis arrived on Tuesday in Beijing on the first China visit by a US defense secretary in four years, as the Trump administration moves to push back against the country’s growing economic and military influence. Mattis, who plans to also visit South Korea and Japan, was expected to press China’s leaders for continued cooperation on North Korea’s nuclear ...

Bloomberg German Chancellor Angela Merkel’s antagonists dialed back a clash over migration, saying they don’t want to blow up the party alliance underpinning her government. Comments by leaders of the Christian Social Union (CSU), a Merkel-allied regional party that governs Bavaria and wants to tighten border security, take some of the sting out of days of attacks on the chancellor. ...

Bloomberg Jordan will not receive new refugees from Syria under any circumstances, PM Omar Razzaz said, as a new Syrian government offensive threatened to send more displaced people fleeing to Jordan’s border. “Jordan cannot receive more refugees,” said Razzaz, who took office earlier this month. “We want a political solution.” Jordan has taken in 1.3 million refugees from neighbouring Syria’s ...