Reuters Before the Bell: M.M. Warburg sues Deutsche Bank over share trade tax

Click to View in Browser Thursday, January 10, 2019 M.M. Warburg sues Deutsche Bank over share trade tax Hamburg-based bank M.M. Warburg & Co said on Thursday it had filed a lawsuit against Deutsche Bank seeking 46 million euros ($53.04 million) that the bank was ordered to pay in capital gains tax. U.S. buyback market support may wane in 2019 U.S. companies' shopping spree for their own shares helped put a floor on market declines in 2018. Don't look for the same level of support in 2019. Nike's Dutch tax status investigated by EU Commission The European Commission has opened an in-depth investigation into the tax treatment of Nike Inc in the Netherlands, saying this may have given the U.S. sportswear maker an illegal advantage. Dutch government says it will cooperate with EU probe into Nike tax status The Dutch government said on Thursday it will cooperate with an investigation by the EU Commission into Nike Inc.'s tax arrangements in the Netherlands. New year stocks rally stalls as trade talks and data disappoint The early-year rally in world stocks ran out of steam in Europe on Thursday and the dollar touched a near-three-month low, as mixed signals from U.S.-China trade talks and caution at the Federal Reserve applied the brakes. Renault, Nissan in board meetings before expected new Ghosn indictment Renault and Nissan directors were due to be updated on the investigation into suspected financial misconduct by alliance boss Carlos Ghosn at separate board meetings on Thursday, sources familiar with the matter told Reuters. Exclusive: Glencore loses exclusive marketing rights to two Libyan crude grades Trading and mining giant Glencore has lost its exclusive marketing rights for two of Libya's main crude oil export grades after holding those rights since the end of 2015, trading sources with direct knowledge said. Exclusive: Saudi private jet industry stalls after corruption crackdown A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite. Target's holiday season comparable sales up 5.7 percent Retailer Target Corp said on Thursday comparable sales grew 5.7 percent for the last two months of the year on the back of a robust holiday selling season that was driven by strong online sales and customer visits. Ford Europe to slash thousands of jobs in turnaround plan Ford said on Thursday it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort aimed at achieving a 6 percent operating margin in Europe. Related Video Tech stocks drive Wall Street higher Chrysler Building for sale Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. 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 - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook