Apple Inc will make about $38 billion in tax payments to bring funds kept overseas back to the United States under new federal tax laws, the company said on Wednesday.
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LONDON Rolls-Royce is considering the sale of its loss-making commercial marine business in another shake-up by Chief Executive Warren East that will streamline its activities into civil aerospace, defense and power system units.
Shares of General Electric Co continued its slide on Wednesday and wiped out all its gains in 2018, a day after the U.S. industrial conglomerate announced more than $11 billion in charges and hinted about a potential breakup.
Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent. | Video
LONDON The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.
FRANKFURT Volkswagen (VW) reported a 4.3 percent rise in 2017 sales to 10.7 million vehicles, staying ahead of Toyota in the race to keep the title of world's biggest carmaker although Renault-Nissan has forecast it would go top.
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