US consumer watchdog proposes new financial data sharing rules in competition boost
The seal of the Consumer Financial Protection Bureau (CFPB) is seen at their headquarters in Washington, D.C., U.S., May 14,...
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Exclusive: Hitachi set to win EU okay for $1.8 bln Thales deal, sources say
The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. Picture taken September 10, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsBRUSSELS, Oct 19 (Reuters) - Hitachi (6501.T) is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' (TCFP.PA) GTS railway signalling business on the condition it sells assets in France and Germany, three people familiar with the matter said on Thursday.Hitachi submitted its offer to sell its mainline signalling business in France and Germany to the European Commission last...
Korean Air to offer to sell Asiana’s cargo business, routes to satisfy EU regulators -sources
The logo of Korean Airlines is seen on a B787-9 plane at its aviation shed in Incheon, South Korea, February 27, 2017. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsBRUSSELS, Oct 17 (Reuters) - South Korea's biggest carrier, Korean Air Lines (003490.KS), will offer to sell Asiana Airlines' (020560.KS) air cargo business and divest routes to four EU cities in a bid to gain EU antitrust approval for acquiring its rival, two people familiar with the matter said.The airline sector has seen a wave of consolidation recently, with Lufthansa (LHAG.DE) acquiring a...
Should new tech rules apply to Microsoft’s Bing, Apple’s iMessage, EU asks
A sign of Microsoft Corp's Bing search engine is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China September 21, 2018. Picture taken September 21, 2018. REUTERS/Stringer/File Photo Acquire Licensing RightsBRUSSELS, Oct 9 (Reuters) - EU antitrust regulators are asking Microsoft's (MSFT.O) users and rivals whether Bing should comply with new tough tech rules and also whether that should be the case for Apple's (AAPL.O) iMessage, people familiar with the matter said on Monday.The European Commission in September opened investigations to assess whether Microsoft's Bing, Edge and Microsoft...
UK financial data market escapes competition probe for now
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
CHICAGO, June 13 (Reuters) - U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.The deal brings the combined company closer in global scale to leading rivals Archer-Daniels-Midland (ADM.N) and Cargill (CARG.UL), valuing Bunge and Viterra at about $17 billion each. Bunge shareholders, however, will own about 70% of the company, because Bunge will pay for a significant chunk of the deal...
Deutsche, Citi admit anti-competitive bond market activity in UK probe
Boats are anchored in the River Thames, with buildings in the City of London financial district seen behind, as the...
Exclusive: Bank of England approves UBS’s Credit Suisse takeover in UK -sources
LONDON, April 4 (Reuters) - The Bank of England has approved UBS Group AG's (UBSG.S) takeover of Credit Suisse Group...
Apple to defend mobile payment system at Feb. 14 EU hearing, sources say
BRUSSELS, Feb 10 (Reuters) - Apple Inc (AAPL.O) will seek to convince EU antitrust regulators that it does not block...
Government funding bill to bolster U.S. antitrust regulators
WASHINGTON, Dec 22 (Reuters) - A $1.7 trillion government funding bill approved by the U.S. Senate Thursday will bolster U.S....
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