TÁNAISTE Simon Coveney warned that Ireland and the EU on their own cannot secure a Brexit agreement for the UK with the Westminster Parliament required to vote in favour of some kind of withdrawal deal. Mr Coveney, responding to EU warnings that a no-deal Brexit was now “becoming increasingly likely” with major implications for the […]
LONDON (Reuters) – British entrepreneur Mike Lynch artificially inflated revenue at his Autonomy software company before selling it to Hewlett Packard for $11 billion, the U.S. firm’s lawyer told a London court on Monday. HP is suing Autonomy founder Lynch, once hailed as Britain’s answer to Bill Gates, along with his former finance chief Sushovan […]
BRUSSELS (Reuters) – U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the latest EU sanction against such restrictions. The European Commission said Nike’s illegal practices occurred between 2004 to 2017 and related to licensed […]
(Reuters) – S&P 500 e-mini futures turned flat, after rising slightly, on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s 2016 campaign team and Russia. The 10-year Treasury note futures were also trading flattish at the open. Nasdaq 100 e-minis, meanwhile, […]
As an adult, Easter is still just as exciting as ever, because honestly who doesn't enjoy receiving a little chocolate? But you know what would make that chocolate even better? If it came with an entire bottle of gin. Thankfully, this is something that does actually exist and gin fans can get their hands on […]
ADDIS ABABA (Reuters) – An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about “aggressive” software that pushes a plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month. Comments by the CEO and vice president of the airline this weekend will fuel a debate over the safety […]
NEW YORK (Reuters) – Elon Musk’s lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and “not material.” In a Friday filing in Manhattan federal court, […]
Ireland is not “sitting on our hands” when it comes to thinking about ways of avoiding a hard border if a disorderly Brexit occurs, Tánaiste Simon Coveney has said. While continuing to insist that it’s too soon for formal talks on how to avoid the return of border checks in a no-deal scenario, Mr Coveney […]
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(Reuters) – General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle. The largest U.S. automaker has come under heavy criticism from President Donald Trump in recent days over its decision to end production at its Lordstown, Ohio, […]