INFBusiness

MILAN (Reuters) – Mediaset said on Friday it would not allow the trust that holds most of French group Vivendi’s stake in the Italian broadcaster to vote at its annual shareholder meeting.  Vivendi and Mediaset have been at odds since…

PARIS (Reuters) – Britain, France, Italy and Spain suggested a “phased approach” to global digital taxation talks in a joint letter to the U.S. treasury secretary last week, which they said could open the way for a deal this year.…

TOKYO (Reuters) – Credit-rating firm Moody’s Investors Service on Friday revised its outlook for SoftBank Group Corp to “negative” from “ratings under review”, three months after making a two-notch downgrade that caused a public spat with the tech conglomerate. The…

(Reuters) – Uber Technologies Inc’s financial services head Peter Hazlehurst is stepping down as the company focuses on rides and food delivery, and ices plans to become a financial services company, Bloomberg News reported, citing an email to staff. Chief…

SINGAPORE (Reuters) – Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, said on Friday it would replace its chief executive officer, as it battles for dominance in the fast-growing market. Lazada Group Chief Executive Officer and…

(Reuters) – Amazon.com Inc (AMZN.O) has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology. The report…

LONDON (Reuters) – Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe. Energy consultancy Kayrros estimated one leak was spewing out…

NEW YORK (Reuters) – The New York City Council on Thursday approved several bills that will legalize the private use of electric scooters and bicycles in the city’s five boroughs, a change long-sought by food delivery workers and transportation advocates.…

SINGAPORE (Reuters) – Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, is set to announce a new chief executive officer as early as on Friday, two sources with direct knowledge of the matter said. Lazada Chief…