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No other representatives from European companies or the EU are believed to have been invited to the meeting, one of the sources said. The White House was not immediately available to comment. Volkswagen and Daimler declined to comment, while BMW said it had so far not received any official invitation to a meeting. The CEOs would make clear they could not negotiate on behalf of the EU, people close to the matter said earlier this week real gold cufflinks india uk sale. The United States currently imposes import tariffs on cars assembled in the EU of 2.5 percent, compared with 10 percent tariffs for U.S.-built cars entering the European trading bloc..
(Reuters) – United Technologies Corp on Friday received Chinese regulatory approval for its $30 billion purchase of aircraft parts maker Rockwell Collins Inc, clearing the final hurdle to complete the largest aerospace deal in history. The conditional approval for the deal between the two American industrial heavyweights comes during a period of escalating trade tensions between China and the United States. The dispute between the world’s two largest economies had fanned concerns among UTC shareholders that the merger could fall victim to the growing tensions real gold cufflinks india uk sale.
UTC said on Friday the transaction should close within three business days. Last month the company had already expressed confidence of securing Chinese approval for the deal real gold cufflinks india uk sale. China requires both UTC and Rockwell to dispose certain assets, and regulators also specified requirements related to the supply of aircraft components in the country, a statement by China’s State Administration for Market Regulation showed. The market regulator oversees anti-monopoly issues. Connecticut-based UTC, which makes Pratt & Whitney jet engines, Otis elevators and various aircraft components, is hoping Rockwell will give it more leverage against aircraft makers, which are negotiating for price cuts. UTC’s customers include Boeing, Airbus and Bombardier..
Meanwhile, other major American mergers have run into trouble with Chinese regulators in the backdrop of the trade dispute, the latest being Qualcomm Inc’s failed attempt to buy NXP Semiconductors NV real gold cufflinks india uk sale. Still, China this week gave an unconditional approval for Walt Disney Co’s $$71.3 billion deal to buy Twenty-First Century Fox’s entertainment assets. UTC, under pressure from activist investors to split itself up, said last month it was considering options including entertaining interest from third parties to buy any of its businesses..
BRUSSELS (Reuters) – Electronic travel services companies Amadeus (AMA.MC) and Sabre (SABR.O) are being investigated by the EU over contract terms that the bloc’s antitrust watchdog says could prevent airlines and travel agents from switching to rival ticket agents. Airlines typically sell about 70 percent of their tickets via third parties such as travel agents but have a tense relationship with global distribution service (GDS) providers such as Amadeus and Sabre, which use software networks to sell products like airline tickets and hotel rooms to consumers real gold cufflinks india uk sale.