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U.S. Labor Department could make it easier to treat workers as independent contractors

The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to classify workers as independent contractors rather than employees, a major

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French foreign minister defends role in Tiffany/LVMH letter

PARIS – French foreign minister Jean-Yves Le Drian said on Tuesday his intervention asking LVMH LVMH.PA to defer its acquisition of Tiffany TIF.N was normal and followed an enquiry from

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Dish Network hires new head of Boost Mobile phone brand

Dish Network Corp said on Tuesday it has hired a new leader for its Boost Mobile prepaid wireless phone brand, which will seek to fashion itself as the next innovator

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Expected bank merger wave puts Deutsche Bank on stand-by

FRANKFURT/ZURICH – Deutsche Bank is preparing for a wave of mergers, its finance chief said on Tuesday, in a potential change for Germany’s biggest lender, which has been focused firmly

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Siemens sees market value of energy spin-off above $20 billion: source

ZURICH/MUNICH – Siemens SIEGn.DE expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next

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Lawsuit against Danske Bank grows to $1.1 billion in claims

COPENHAGEN – Claims against Danske Bank DANSKE.CO in a lawsuit about one of the world’s biggest money laundering investigations have topped $1 billion, according to a Danish law firm. Denmark’s

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WEF looking beyond Davos for 2021 summit: papers

ZURICH – Organisers of the World Economic Forum’s (WEF) annual gathering of business and political leaders are looking beyond the traditional mountaintop venue of Davos for next year’s summit, Swiss

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