Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.
Sectors
Tradeweb buys BondDesk
Tradeweb Markets announced signing an agreement to acquire BonDesk Group LLC. without disclosing the financial terms of the deal.
Lululemon reduces profit forecast
Lululemon Althletica Inc. announced the reduction of its annual profit forecast after the delays in getting new apparel limited its sales.
America Movil shares decline while discussing KPN buyout
The deal where America Movil bids for KPN Foundation is unclear. KPN, the Dutch telecommunications company, is in discussion with America Movil of Mexico as to Movil's EUR7.
Dunkin' Donuts returns to the UK
Dunkin' Donuts exited the UK in the 1990's because of a lack of variety, an issue that is clearly addressed with its return to new agreements in the UK.
Latest News
The debt financing cap of Xand was increased because of favorable market conditions. The top provider of colocation, cloud, disaster recovery and managed services, Xand, announced the increase of debt financing to over USD200 million.
In its second investment funding round, ERMS Corp raised USD3.5 million. The second round of major investment funding from its shareholders was recently concluded by the ERMS Corporation.
NetMediaEurope acquired online technology news outlet B!T as it expands its international portfolio across Europe.
TradeKing Group Inc. announced receiving an approval from FINRA for its acquisition of GAIN Securities Inc. assets.
Universal Pictures confirmed that "Jurassic World" was the name of the fourth sequel of the Jurassic Park film.
The aid by Kuwait to Egypt would consist of USD2 billion in a central bank deposit, USD1 billion grant and USD1 billion in oil products.
The jackpot prize for this Saturday's Powerball draw would have an annuity value of more than USD 300 million.
Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.
The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.
