DUESSELDORF (Reuters) -Ceconomy expects EU competition authorities to examine JD.com's plans to take it over, said the German company's CEO, Kai-Ulrich Deissner, on Thursday.
Given the size of the transaction, the plans are expected to fall under the purview of Brussels rather than Germany's federal cartel office, added Deissner in a conference call.
With its Chinese partner, Ceconomy will be able to grow faster and gain access to leading... (continue reading...)
BEIJING (Reuters) -Forty-four people have died and nine others are still missing in Beijing after intense rainfall hit the Chinese capital recently, a municipal official told a press conference on Thursday.
(Reporting by Liz Lee in Beijing; Editing by Sharon Singleton)
(Reuters) -Microsoft is set to soar past $4 trillion in market valuation for the first time on Thursday, as a burst of investor confidence in its booming Azure cloud division helps the tech behemoth become the second company after Nvidia to surpass the milestone.
The software company forecast a record $30 billion in capital spending for the current fiscal first quarter and reported booming sales in its Azure cloud computing business on Wednesday.
... (continue reading...)By Manoj Kumar and Nikunj Ohri
NEW DELHI (Reuters) -Indian opposition parties criticised the government on Thursday, describing U.S. President Donald Trump's threat of a 25% tariff as a diplomatic failure for New Delhi, while the rupee currency tumbled and equity indexes slid in response to the news.
The 25% rate would single out India more harshly than other major trading partners, and threatens to unravel months of talks, undermining one of... (continue reading...)
BEIRUT (Reuters) -Lebanon's President Joseph Aoun called on Hezbollah and other political parties on Thursday to hand over their weapons to the army, a move the powerful militant group is resisting as Washington ramps up pressures for it to remove its arsenal.
"It is the duty of all political parties... to seize this historic opportunity without hesitation and push for the exclusivity of weapons in the hands of the army and security forces and no one... (continue reading...)
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
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BMW maintains guidance but forecasts tariff blow to auto profitability
