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BRUSSELS (Reuters) – Walt Disney’s (DIS.N) $71.3-billion offer to buy Twenty-First Century Fox Inc’s (FOXA.O) entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe. The EU competition regulator said in a statement that Disney had committed to divest its interests in channels including History and Lifetime in the European Economic Area (EEA) to avoid harming competition following its purchase from Fox quotes about cufflinks uk sale.

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LONDON (Reuters) – European shares ended a choppy session in negative territory on Tuesday as investors punished companies like Zalando that missed expectations and remained cautious while waiting for the results of U.S. mid-term elections. The pan-European STOXX 600 and the euro zone’s leading index .STOXX50E both dipped 0.3 percent quotes about cufflinks uk sale. “Global stocks are in wait and see mode today, with losses in Europe followed by a largely flat open in the U.S.”, IG analyst Josh Mahony wrote, adding that U.S. president Donald Trump’s tax and trade policies would come into question if the Democrats won Congress..

Zalando (ZALG.DE) shares tumbled 8.5 percent after Europe’s biggest online-only fashion retailer reported its slowest rate of sales growth since it was launched a decade ago, and recorded a loss due in part to unseasonably warm weather quotes about cufflinks uk sale. “The shift to mobile, fast fashion and beauty is driving down basket size, competition is putting pressure on gross margin, and Zalando’s build out of distribution centers across Europe whilst transport costs are increasing has put upward pressure on the fulfilment cost ratio,” wrote Berenberg analysts..

Shares in Austrian engineering group Andritz (ANDR.VI) fell 4.3 percent after it missed third-quarter operating profit forecasts due to higher costs at its metals unit and lower earnings at its hydro operations. Many companies this earnings season have flagged a squeeze on margins from rising commodity and wage costs amid signs of a growth slowdown in Europe quotes about cufflinks uk sale. Euro zone business growth slumped to a two-year low in October as growing trade tensions and tariffs, alongside rising political uncertainty, put a dent in exports and optimism..

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Unicredit declined to comment on the search of its German unit, which was reported earlier by Sueddeutsche Zeitung alice made this copper cufflinks uk sale. Earlier this week, Scholz described the stock-trading scheme as a “scandal” that underscored the need for better European cooperation in his strongest yet condemnation of the practice, which has hit Germany, Denmark, Austria and Belgium. Tax authorities in Denmark say they lost $2 billion, while Germany estimates it was tricked out of more than 5 billion euros ($5.71 billion) by a similar method..

Danish politicians called for action after Reuters and other media, coordinated by non-profit newsroom Correctiv, revealed the large-scale use of such schemes. German prosecutors think the players in the cum-ex scheme misled the state into thinking a stock had multiple owners who were each owed a dividend and a tax credit. Germany changed and clarified the law in 2007, 2009 and 2012, but the scam then hit Denmark, where authorities have subpoenaed more than 420 companies and people, freezing hundreds of millions of euros of assets around the globe alice made this copper cufflinks uk sale.

WASHINGTON/SINGAPORE (Reuters) – The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute alice made this copper cufflinks uk sale. The resumption of high-level dialogue, marked by a phone call last week between Presidents Donald Trump and Xi Jinping, comes ahead of an expected meeting between the two at the G20 summit in Argentina starting in late November..

It follows months of recriminations spanning trade, U.S. accusations of Chinese political interference, the disputed South China Sea and self-ruled Taiwan. China and the United States have both described last week’s telephone call between Xi and Trump as positive. Trump predicted he’d be able to make a deal with China on trade. In a concrete sign of the unfreezing, the U.S. State Department said Secretary of State Mike Pompeo, Defense Secretary Jim Mattis, Chinese politburo member Yang Jiechi and Defense Minister Wei Fenghe will take part in diplomatic and security talks later this week in Washington alice made this copper cufflinks uk sale.

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The bank updated disclosures on issues it discovered in auto lending, saying it had tacked on an additional $241 million for customer compensation on top of the $212 million announced earlier, related to a practice where it forced customers auto insurance that in some cases resulted in vehicle repossessions cufflinks argos uk sale. The bank has since discontinued that practice. (This story corrects to say the bank added an additional $241 million for customer compensation, not increased it to $241 million in penultimate paragraph.)..

NEW YORK (LPC) – Elon Musk’s Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said. Bank of America Merrill Lynch is leading the transaction. A lenders presentation will be held by the SpaceX management team on November 7 cufflinks argos uk sale. SpaceX makes rockets and spacecraft. The company was founded by Elon Musk in 2002 as a way to help humans live on other planets. The Hawthorne, Calif.-based company now employs more than 6,000 people, according to its website. Elon Musk is also the chief executive of luxury electric car maker Tesla Motors Inc..

FRANKFURT (Reuters) – Prosecutors searched the Munich offices of BlackRock (BLK.N) on Tuesday, a person with knowledge of the matter said, as part of the country’s largest post-war fraud investigation cufflinks argos uk sale. The practice being investigated, known as cum-ex, typically involved trading company shares rapidly around a syndicate of banks, investors and hedge funds to create the impression of numerous owners, each of whom was entitled to a tax rebate. A BlackRock spokesman said the world’s biggest fund manager was “fully cooperating with an ongoing investigation relating to cum ex transactions in the period 2007-2011”..

BlackRock’s inclusion is significant because it oversees more than $6.4 trillion in assets, including company shares which it lends to banks as part of its business. State prosecutors in Cologne declined to comment on the search of BlackRock, which came as Germany’s finance minister, Olaf Scholz, urged Europe to tighten cooperation against abusive tax schemes, after Reuters and other media revealed sham trading deals that cost taxpayers billions of euros cufflinks argos uk sale. Numerous banks and investors are already being investigated over the sham trading..

BlackRock’s chairman in Germany, Friedrich Merz, who has helped secure its influence in Europe’s industrial powerhouse, took his current role in 2016 — after the period being investigated — and has condemned illicit dividend stripping cufflinks argos uk sale. Merz has taken an early lead in the race to succeed Angela Merkel as leader of Germany’s Christian Democrats and secure the chance of running for chancellor as soon as next year. Cologne prosecutors also searched offices of Unicredit’s (CRDI.MI) HypoVereinsbank to gather evidence in proceeding against other suspects, a source close to the matter said..

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And RBI Governor Urjit Patel will be a key focus of the pressure from a group of directors who support the government’s position, according to the New Delhi-based sources, who declined to be named due to the sensitivity of the matter. “We want the RBI governor to accept the priorities of the economy and to discuss these with board members,” said one of the sources, a senior government official with direct knowledge of deliberations. “If he wants to take decisions unilaterally, it will be better for him to quit.” white gold cufflinks uk sale.

Investors and traders warn that if Patel quits it will create uncertainty and undermine India’s already-weak financial markets. They have been hurt in recent weeks because of defaults by a major financing company. A Finance Ministry spokesman declined to comment for this story. The online financial publication Moneylife reported on Wednesday that Patel could resign at the central bank’s next board meeting on Nov. 19, citing sources in touch with the governor white gold cufflinks uk sale. Moneylife said that Patel was tired of the struggle with the government, and it was having a negative impact on his health..

The RBI did not respond to requests for comment for this article or in response to the Moneylife report. Tensions between the two sides came to the fore last month when RBI Deputy Governor Viral Acharya gave a speech that blew the lid off a fractious dispute between the bank and the government of Prime Minister Narendra Modi on issues ranging from lending curbs to who controls the institution’s reserves white gold cufflinks uk sale. Acharya said that undermining central bank independence could be “potentially catastrophic”, and he even cited meddling by the Argentine government in the affairs of its central bank in 2010 – prompting big drops in that nation’s financial markets – as a sign of how bad things can get..

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Apple declined to comment further. Prime Minister Narendra Modi’s government has sought to drive electronics producers into manufacturing locally by steadily moving tariffs up the supply chain from simple phone cases to sophisticated chipsets and boards shuttlecock cufflinks uk sale. Along with local firms like Lava, global smartphone giants including Samsung Electronics Co Ltd, Oppo and Xiaomi Corp have responded aggressively, investing millions of dollars in plants around Bengaluru and Delhi tech hub Noida. Apple is the only major player which does not manufacture phones in the country and it only assembles two low-cost older models through Wistron Corp in Bengaluru..

Industry experts say as a result the company still imports about 70-80 percent of its phones. That results in high import duties, which in turn make the phones expensive. In the United States, the basic iPhone XR model costs $749 or roughly 54,400 rupees, only two thirds of its retail price in India. Beyond that, while U.S. phones are subsidized under deals with wireless carriers, Apple’s phones in India are not shuttlecock cufflinks uk sale. “Apple doesn’t have enough confidence .. in the Indian manufacturing system right now, to set up plants and move some of the manufacturing out of China,” said analyst Navkendar Singh of tech consulting firm IDC..

“In the process they are losing around 15-20 percent of their tax incentive shuttlecock cufflinks uk sale. which they could have passed on to the consumer.”. Diwali, the Festival of Lights, is peak selling time for electronics in India, but the Apple-licensed store in one of Bengaluru’s big shopping malls was deserted this past Saturday. “Features of the emerging phones are very similar to an iPhone,” says salesman Aejaz Ahmed, adding volumes have fallen in the past few months. “It is very difficult to make out the difference from a distance because they even look so alike.”..

Sales staff at several stores in Bengaluru and nearby Chennai pointed to the launch this year of the latest OnePlus phone as a major problem for the U.S. phonemaker. At 37,999 rupees, the Chinese company’s 6T is half the price of the XR. The result, says Neil Shah, from Counterpoint, is that Apple’s user base in India is set to decline about 10 percent to nine million users this year. That compares to an estimated 436 million Android users shuttlecock cufflinks uk sale. “If your user base is declining, you are losing grip on the market,” he says. “The new customer base is not coming.”..

FRANKFURT (Reuters) – German carmaker BMW (BMWG.DE) will deepen cost cuts after higher development expenses contributed to a 27 percent drop in third-quarter operating profit, falling short of analyst expectations as currency effects also took a toll shuttlecock cufflinks uk sale. Investments to develop electric and self-driving cars, as well as spending to boost production of new X5, X7 and 8-series luxury models weighed on earnings when tariffs between China and the United States and a price war in Europe were already eroding margins..

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EINDHOVEN, Netherlands/NEW YORK (Reuters) – Grocery group Ahold Delhaize will roll out small, automated warehouses to speed order picking and cut delivery times, Reuters has learned, as it revamps its ecommerce business in response to rising competition in a fast-growing sector. At an investor event on Nov. 13, the world’s eighth biggest food retailer is set to showcase a partnership that will allow it to automate order collection at mini “robot supermarkets” attached to the stores of its U.S. chains like Stop & Shop white cufflink shirt uk sale.

That marks a departure from its previous strategy of relying more on manual labor at bigger warehouses, or on a mixture of man and machine, to meet online food orders. Now Netherlands-based Ahold Delhaize is teaming up with Takeoff, a start-up which builds small warehouses that stack groceries to the ceiling to save space and use robot arms to assemble shoppers’ orders for items such as beer, milk, bread and fruit. The warehouses serve as condensed supermarkets that can supply several stores with click-and-collect orders. They cost about $3 million to build, which Takeoff says is less than the cost of a typical store revamp white cufflink shirt uk sale.

“Ahold is preparing for a major push,” Curt Avallone, Takeoff’s chief development officer who led digital innovation at Stop & Shop until 2003, told Reuters. “If it goes well, both from their side and our side, the hope is we would rapidly be able to build quite a few.”. Ahold Chief Executive Frans Muller confirmed the deal on Wednesday and said it should help expand online faster and at a lower cost than with standalone warehouses. “With the robotized solution we can optimize those picking costs and be closer with micro fulfillment to our catchment areas. We also reduce the cost of the last mile,” he said white cufflink shirt uk sale.

Ahold’s shares jumped 5 percent on Wednesday as it reported third-quarter results that beat analysts’ forecasts, lifted by strong online sales and growth in its key markets. GRAPHIC: Online grocery set to grow fast – tmsnrt.rs/2Cz1wVK. Ahold’s move is the latest salvo in a war for the online grocery market that has escalated since Amazon’s takeover of Whole Foods last year. Whole Foods since launched same-day grocery delivery with Amazon’s Prime Now in more than 60 cities white cufflink shirt uk sale. Other retailers are also racing to respond: Walmart will test Alert Innovation’s Alphabot automated grocery picking at a store in New Hampshire, and Kroger has teamed up with British online grocery expert Ocado..

Kroger said it will disclose the location for the first three U.S. sites out of a planned 20 high-tech Ocado warehouses in the next couple of weeks white cufflink shirt uk sale. They will take about two years to build and each cost Ocado about $39 million. Ahold Delhaize, the operator of U.S. chains such as Giant Food, Food Lion and Hannaford, acquired Chicago-based online grocer Peapod in 2000 which is still the market leader. However, growth has slowed at Peapod since Amazon bought Whole Foods and as supermarkets — including Ahold’s own chains like Stop & Shop — team up with start-ups like Instacart to offer curbside pick-up, or one- to two-hour delivery..

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(Reuters) – Wells Fargo (WFC.N) received a warning from the Office of the Comptroller of the Currency (OCC) in recent weeks related to its technology operations, the Wall Street Journal reported on Wednesday citing people familiar with the matter. The bank also has failed or isn’t expected to meet deadlines on around two dozen technology-focused OCC regulatory warnings known as ‘Matters Requiring Attention’ that have been issued since 2014 or earlier, the WSJ reported on.wsj.com/2QqLVe5 tiffany cufflinks amazon uk sale. The warning adds to the bank’s list of woes since the sales scandal erupted more than two years ago. (reut.rs/2STESft)..

NEW YORK (Reuters) – Ryanair Holdings Plc (RYAAY.O) and longtime Chief Executive Michael O’Leary have been sued in New York by a shareholder that said Europe’s largest airline defrauded investors and inflated its share price by overstating its ability to manage labor relations and keep costs down. The complaint was filed on Tuesday night in the U.S. District Court in Manhattan by an Alabama pension fund, seeking class-action status and damages for investors in Ryanair’s American depositary shares from May 30, 2017 to Sept. 28, 2018 tiffany cufflinks amazon uk sale.

In a statement on Wednesday, Dublin-based Ryanair said it will defend itself against the claims, which it called “false” and “doomed to fail.” tiffany cufflinks amazon uk sale. According to the complaint, Ryanair misled investors in regulatory filings and conference calls about its labor stability, including “industry leading” contracts with pilots and cabin crews, and its positive impact on operations. The truth came out as labor unrest forced Ryanair last December to recognize unions for the first time, and led this summer to costly strikes that stranded thousands of passengers in several countries, the complaint said..

“Unbeknownst to investors, the company’s historical profit growth was built on an undisclosed and unsustainable foundation of worker exploitation and employee turnover,” the complaint said. “The decline in the price of Ryanair ADSs was the direct result of the nature and extent of defendants’ fraud finally being revealed to investors and the market.”. Ryanair cited labor issues when it cut its full-year profit forecast on Oct. 1 tiffany cufflinks amazon uk sale. Its share price closed that day more than one-third below its level in mid-March..

In Wednesday’s statement, Ryanair said it has experienced “very little” labor disruption from employees, and that most flight disruptions resulted from air traffic control strikes and staff shortages, a problem common to European Union airlines. O’Leary, Ryanair’s chief executive since 1994, said last month he hoped to reach labor agreements with all of the carrier’s major unions before Christmas. ADSs on June 30 accounted for 43.7 percent of Ryanair’s issued ordinary shares, assuming all were converted into ordinary shares, the company has said. Ryanair’s market value is roughly $16 billion, according to Refinitiv data tiffany cufflinks amazon uk sale.

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The potential growth of the cannabis industry in the U.S. is evident in the work histories of new hires by Canadian cannabis companies that have their sights set on expansion, said David King, a senior portfolio manager at Columbia Threadneedle Investments who has invested in convertible bonds issued by Canopy Growth Corp. “You go to roadshows to some of these cannabis companies and their new executives are coming from impressive places,” he said. “You have real adults running the company.” louis vuitton cufflinks uk sale.

WASHINGTON (Reuters) – U.S. President Donald Trump said he would consider working with Democrats to regulate social media companies, after he and other conservatives accused companies such as Twitter Inc, Facebook Inc and Alphabet Inc’s Google of allegedly stifling right wing views. In an extended news conference on Wednesday, Trump, however, urged caution in any effort to regulate the social media and technology companies. He did not spell out any specific rules that he would advocate. “Believe it or not, I’m one that really likes free speech louis vuitton cufflinks uk sale. A lot of people don’t understand that, but I am a big believer. And when you start regulating, a lot of bad things can happen,” Trump added..

Asked whether he would consider working with Democrats to regulate social media companies, Trump said, “I would do that, yeah. I would look at that.”. Creating new regulations would be inconsistent for a president who has made reducing regulation a goal of his administration. His officials have made numerous such efforts, in particular, toward cutting environmental and financial rules louis vuitton cufflinks uk sale. Just last month, Trump suggested that Twitter was biased against him and accused the company of deleting many of his followers and making it harder for users to follow him. In a tweet, he said that the company had “stifled growth to a point where it is obvious to all.”..

(Reuters) – Dish Network Corp (DISH.O) beat Wall Street estimates for quarterly profit on Wednesday, as the U.S louis vuitton cufflinks uk sale. satellite TV provider benefited from lower programming costs due to a blackout of Univision channels. Shares of Dish were up 1 percent to $31.84 in afternoon trading. Dish shed a net 367,000 satellite subscribers during the third quarter, much higher than a consensus estimate of 232,000 net customer losses, according to research firm FactSet. Customers who canceled their satellite service due to the Univision blackout accounted for roughly half of the subscriber losses, said Dish Chief Executive W. Erik Carlson during a conference call with analysts..

Last week, premium channel HBO went dark on Dish after a disagreement over a new distribution deal with HBO’s owner AT&T Inc (T.N). Dish Chairman Charlie Ergen said during the call the dispute hinged on AT&T requiring Dish to pay based on a minimum number of subscribers. “That would be malpractice,” Ergen said. “There’s no company that would sign up to a deal like that.” louis vuitton cufflinks uk sale. Dish said it expects to lose subscribers next quarter due to the HBO blackout but did not know how big the impact will be..

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At the same time companies ranging from Coca-Cola Co (KO.N) to Corona beer-maker Constellation Brands Inc (STZ.N) have taken the first steps into building cannabis-infused products cufflinks for kurta uk sale. “We fully expect a successful regulated market to eventually develop around cannabis, and when it does, we expect it will disproportionately benefit the strongest innovators with well-branded products & robust supply chains,” said Bonnie Herzog, an analyst at Wells Fargo who is bullish on the shares of Constellation Brands..

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SAO PAULO (Reuters) – Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show. Sales of new cars, trucks and buses surged 25.6 percent in October compared with a year earlier to nearly 255,000 vehicles, according to automakers association Anfavea. That was the most since December 2014 cufflink wraps uk sale. “This means that we are coming back to the years when we had a very strong market,” Anfavea President Antonio Megale told journalists at the auto show..

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The group had cut its forecast from a stable outlook to an 8.6 percent drop earlier this month, and Megale said a declining situation in Argentina meant the final result would likely be worse. Exports to Argentina, the largest buyer of Brazilian cars, fell by almost 2 percent in October compared with September. Year over year, exports to Argentina were down 37.3 percent. Employment in the auto industry also fell in October by nearly 1 percent, despite the strong growth in output and sales cufflink wraps uk sale. “That was a surprise for me,” Megale said. “The trend is to hire. This may have been due to a minor adjustment because of (the lower) exports.”..

NEW YORK (Reuters) – Michigan’s vote Tuesday to become the 10th U.S cufflink wraps uk sale. state where the recreational use of cannabis is legal is adding more momentum to a trend that some investors now say is inevitable: that marijuana will become legal nationwide within the next 5 years. As a result, companies, portfolio managers, and high-ranking executives are racing to position themselves to profit from what is expected to become a multi-billion dollar market. Executives at companies including Amazon.com Inc (AMZN.O), Molson Coors Brewing Co (TAP.N), and Nike Inc (NKE.N) have jumped to roles at Canadian cannabis companies such as Tilray Inc (TLRY.O) and Canopy Growth Corp (WEED.TO) over the last 18 months in order to gain experience in the industry..