  | | | France picks GE for Alstom | | PARIS (Reuters) - France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company. | | | |  | | | EU closes tax loophole for multinational firms | | LUXEMBOURG (Reuters) - The European Union on Friday moved to close a loophole that has allowed multinational companies to reduce their tax bills by exploiting differences in national tax rules, ending months of negotiations and potentially boosting EU states' tax revenues. | | | |  | | | U.S. reviewing reports of exhaust-gas leak in Ford Explorers | | (Reuters) - The National Highway Safety Traffic Administration said on Friday it was reviewing reports that exhaust gases, including carbon monoxide, may enter the passenger compartment of some Ford Explorers, a potential safety issue that has prompted customer complaints and a recent lawsuit. | | | |  | | | Argentina says it has no team for talks in debt battle | | BUENOS AIRES/NEW YORK (Reuters) - Argentina hasn't prepared a team to go to New York to negotiate with holdout bondholders, Cabinet chief Jorge Capitanich said on Thursday, casting doubt over whether it will seek a deal to stave off a debt default. | | | |  | | | Publicis to focus on digital deals after merger collapse | | CANNES FRANCE (Reuters) - Publicis boss Maurice Levy plans to shift the French advertising group more quickly and deeply into digital services following last month's collapse of his plan to merge with Omnicom to create the world's largest ad agency. | | | |  | | | TPG, Carlyle eye $2.4 billion IPO for Australia's Healthscope: source | | HONG KONG (Reuters) - Buyout firms TPG Capital and Carlyle Group are targeting a $2.4 billion initial public offering of shares in Australia's Healthscope Ltd as their most-favored option for the country's second-biggest private hospitals operator, a source with direct knowledge of plans told Reuters. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
