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...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...Company would distort competition....
...In 2016, the European Commission ordered the company to pay billions of euros of back taxes. Its effective tax rate has fallen since then....
...For the euro area, it cut its growth projection to 0.9 per cent from 1.2 per cent....
...“Even if it was a few billion euros, it would still be laughable,” said an adviser to a large tech company. Apple is not the only company to have been fined in recent years....
...“Bonds that yield more than German Bunds are likely to also return more — unless the issuer’s solvency deteriorates significantly, which is not the case in the euro area periphery.”...
...The move could lead to billions of euros worth of forced divestments over the course of 2024....
...They all track Bloomberg benchmarks and invest in euro-denominated, investment-grade corporate bonds....
...It isn’t to Airbus — the A220 only represents about 7 per cent of the company’s annual commercial aircraft revenues,” said Tusa....
...Countries in the euro area issued a thumping €180bn in bonds in January, more than €30bn in excess of the January tally last year, my excellent colleague Mary McDougall reports....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...The Spanish beauty and fragrance conglomerate is considering a multibillion-euro initial public offering that would impose market “discipline” on the company without relinquishing its founding family’s control...
...Younes joining the Company as our Chief Human Resource Officer, we provided typical senior level relocation benefits under our standard relocation policy, including covering the cost of household goods packing...
...Belfast’s Casement Park is in line to be a venue for Euro 2028, due to be held across the UK and Ireland....
...Also, we go short the euro and make a daring value play on the reputation of Elon Musk....
...Two ETFs are US dollar denominated and two euro denominated, with maturity dates in 2026 and 2028....
...The company ultimately reduced the size of a euro-denominated loan, given the robust demand in the US....
...I to disagree with BlackRock chief executive Larry Fink’s view — recently acquired — that bitcoin is an “international asset” for investors to “play” as an alternative to gold or currencies such as the euro...
...Hundreds of millions of euros were allegedly siphoned from such companies, they added....
...This is a map equal in size to the territory — it includes literally every business loan in the euro area since 2018 that was over €25,000 in size....
...Some of the world’s biggest companies are turning to TikTok to recruit workers as the UK suffers from chronic labour shortages....
...While O’Sullivan has not been charged in Germany, prosecutors in the Munich trial claim that companies the Englishman controlled extracted hundreds of millions of euros from the payments company before it...
...As we noted yesterday, European stocks’ months-long streak of outperforming US equities broke in mid-January (light blue below), and did so even before recent weakening in the euro: This looks like consolidation...
...The euro hit a fresh 20-year low against the dollar on Friday after a benchmark survey of companies in the eurozone showed business activity suffered its biggest contraction for 20 months, while price pressures...
...(The company evidently didn’t need the cash from a longer run.) But franchise movies tanked as well, and even the streamers caught a cold....
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