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FRANCE: LVMH facing EUR10m fine over increasing Hermes stake

2013-06-03 11:35:24| Daily apparel & textile news and comment - from just-style.com

LVMH faces a fine of up to EUR10m from France's financial markets regulator for stealthily increasing in its shareholding in luxury fashion goods rival Herms over several years.

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VIDEO: Spain facing health insurance row

2013-05-30 07:31:19| BBC News | Business | UK Edition

The European Commission is expected to launch formal legal action against Spain after hundreds of complaints from foreign nationals of medical treatment being denied - despite showing their European health insurance card.

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Facing high fuel costs, North Dakota plans new refineries: Kemp

2013-05-28 12:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: North Dakota's residents have received an enormous income windfall from the shale boom, but strong local demand for trucking and fracking fuel has left them facing the highest gasoline prices in the mainland United States. Only insular Hawaiians pay more to fill up at the pump. North Dakota needs more local refining capacity to turn its abundant, high-quality crude into gasoline and especially diesel for trucks and oilfield operations. There are proposals for three new refineries, which...

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iGate Facing Unsettled Tax Demands Worth Rs 738 Cr

2013-05-26 14:11:24| IT Services - Topix.net

New Delhi: After WNS and Infosys, iGate is the latest to face tax issues in India with the US-based outsourcing firm having an "unsettled" tax demand of USD 132.7 million for assessment years 2004-05 to 2009-10. IGate, which was in news for sacking of its chief executive Phaneesh Murty over non-disclosure of his alleged affair with a subordinate, ... (more)

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