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Summary | 6 Annotations
Luxottica, an Italian maker of fashionable eyeware, agreed to merge with Essilor, a French company that produces lenses. The €46bn ($49bn) transaction is one of the biggest cross-border deals in the EU to date.
2017/01/23 01:19
Rolls-Royce settled claims dating from 1989 to 2013 that it had bribed officials in various countries in order to win contracts. The engineering company will pay penalties totalling £671m ($809m) to regulators in America, Brazil and Britain.
2017/01/23 01:19
Fiat Chrysler Automobiles’ share price was left bruised by an allegation from America’s Environmental Protection Agency that it had used software in 104,000 diesel cars to let them exceed legal limits
2017/01/23 01:20
America’s Federal Trade Commission lodged an antitrust lawsuit against Qualcomm, accusing it of abusing its commanding position in the semiconductor market to impose stringent licensing terms on patents for chips in mobile phones.
2017/01/23 01:20
A surge in trading after the election of Donald Trump helped America’s big banks reap big profits in the fourth quarter
2017/01/23 01:20
, Saudi Arabia said it would soon start accepting tenders for an expansion of solar and wind power in the country that will cost up to $50bn. The collapse of the oil price two years ago tore a hole in the kingdom’s finances. It now hopes to get 30% of its power from renewables by 2030.
2017/01/23 01:21