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UBS sets aside 450 million euros for French tax case

Switzerland's biggest bank, UBS, on Friday reported a nearly $400 million boost to its litigation provisions after a French court slapped it with a 4.5 billion euro ($5.09 billion) penalty last month......»»

Category: topSource: reutersMar 15th, 2019

UBS sets aside EUR450M for French tax case, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 15th, 2019

Uber pays $2.6 million to settle Dutch case: prosecutors

Uber has paid around 2.3 million euros ($2.6 million) in a settlement after it was found to have offered an unlicensed taxi service in the Netherlands in 2014-2015, Dutch prosecutors said on Friday......»»

Category: topSource: reutersMar 8th, 2019

French tax on internet giants could yield 500 million euros per year: Le Maire

A three percent tax on the French revenue of large internet companies could yield 500 million euros (568.5 million pounds) per year, French Finance Minister Bruno Le Maire said on Sunday......»»

Category: topSource: reutersMar 3rd, 2019

Dutch bank pays huge fine in money laundering case

Prosecutors say that Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands......»»

Category: topSource: foxnewsSep 4th, 2018

Reports: Iran drops bid to transfer millions out of Germany

German media outlets are reporting that Iran has rescinded its request to transfer 300 million euros ($347 million) in cash from a Hamburg-based bank in a case that been closely followed by the U.S. Th.....»»

Category: topSource: foxnewsSep 4th, 2018

French anti-trust body fines home appliances firms 189 million euros

France's competition authority issued a total fine of 189 million euros ($214 million) on six home appliance manufacturing companies for price-rigging......»»

Category: topSource: reutersDec 6th, 2018

French court fines oil group Total in Iran bribery case

A Paris court on Friday fined French oil group Total 500,000 euros for bribing foreign public officials in a case related to contracts in Iran in 1997......»»

Category: topSource: reutersDec 21st, 2018

Prosecutor drops insider trading case against former Deutsche Boerse CEO

The Frankfurt prosecutor's office has dropped an insider trading case against former Deutsche Boerse Chief Executive Carsten Kengeter in exchange for payments of almost 5 million euros ($5.68 million)......»»

Category: topSource: reutersJan 2nd, 2019

Renault-Nissan"s Ghosn received 7 million euros from Dutch JV: Les Echos

Ousted Renault-Nissan alliance chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi , French financial daily Les Echos reported on its website on Sunday......»»

Category: topSource: reutersJan 13th, 2019

Ghosn received 7 million euros from Dutch JV: Les Echos

Ousted Renault-Nissan alliance chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi, French financial daily Les Echos reported on its website on Sunday......»»

Category: topSource: moneycentralJan 13th, 2019

Supermarket retailer Casino to sell six stores to rival Leclerc

French supermarket retailer Casino , in the process of divesting assets to cut debts, has agreed to sell six of its 'Geant' hypermarket stores to domestic rival Leclerc for 100.5 million euros ($114 million)......»»

Category: topSource: reutersJan 19th, 2019

Supermarket retailer Casino to sell 26 stores to Fortress

French supermarket retailer Casino , which is selling assets to reduce its debt, has agreed to sell 26 stores worth 501 million euros ($567 million)......»»

Category: topSource: reutersJan 21st, 2019

France"s Casino sells stores to Fortress, hits asset sales target

Casino has agreed to sell 26 stores worth 501 million euros ($567 million) to Fortress Investment Group, the French supermarket retailer said on Monday, fulfilling an assets sale target set out last year as part of plans to reduce its debt......»»

Category: topSource: reutersJan 21st, 2019

Mastercard: EU fine of 570 million euros to be taken as charge in the fourth quarter of 2018

Mastercard said on Tuesday that an EU antitrust fine of 570.6 million euros ($648.3 million) would be taken as a charge in the fourth quarter of 2018, calling the closure of the case an important milestone for the company......»»

Category: topSource: reutersJan 22nd, 2019

Apple agrees to pay back-taxes to French authorities

U.S. technology giant Apple said it had reached a deal with France to pay an undeclared amount of back-dated tax, with French media putting the sum at around 500 million euros ($571 million)......»»

Category: topSource: reutersFeb 5th, 2019

General Electric to pay $57 million for missing French job target: ministry

General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took over French group Alstom's energy business, the French Finance Ministry said on Tuesday......»»

Category: topSource: reutersFeb 5th, 2019

France details yellow vest protests" impact on economy

The French government says it has provided 38 million euros ($43 million) in financial aid for workers who have been put on reduced work hours as businesses struggle with anti-government protests......»»

Category: topSource: foxnewsFeb 13th, 2019

President Macron to unveil plan to give Europe"s electric battery industry a jolt

France will invest 700 million euros ($790 million) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers' reliance on dominant Asian rivals, said French presidency officials......»»

Category: topSource: reutersFeb 13th, 2019

Renault"s revenue, net profit down in 2018

French carmaker Renault says its revenue is down 2.3 percent to 57.4 million euros ($64.9 million) last year......»»

Category: topSource: foxnewsFeb 14th, 2019

Renault"s revenue, net profit down in 2018

French carmaker Renault says its revenue is down 2.3 percent to 57.4 million euros ($64.9 million) last year......»»

Category: topSource: moneycentralFeb 14th, 2019