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France threatens to boycott Eurovision over Israeli TV show depicting French contestant as terrorist

14 hours ago DieselGasoil Comments Off on France threatens to boycott Eurovision over Israeli TV show depicting French contestant as terrorist
France has reportedly threatened to boycott the Eurovision song contest in protest over an Israeli television series which portrays France’s entry in the popular competition as a terrorist. Set to air in May, the three-part series called ‘Douze Points’ (‘twelve points’ in French, the highest score you can receive at Eurovision) is about a French-Algerian Read More

Anti-Zionism equals Anti-Semitism? Macron fuels debate on how to define anti-Jewish hate

15 hours ago DieselGasoil Comments Off on Anti-Zionism equals Anti-Semitism? Macron fuels debate on how to define anti-Jewish hate
Addressing a rise in hate crimes against the Jewish diaspora in France, President Emanuel Macron has supported the expansion of the definition of anti-Semitism to outlaw anti-Zionism as well, fueling public debate over the terms. “Anti-Semitism is hiding itself behind anti-Zionism,” Macron said Wednesday, speaking at the Representative Council of French Jewish Institutions (Crif) and Read More

Remain or leave? Carmakers confront hard Brexit choices

16 hours ago DieselGasoil Comments Off on Remain or leave? Carmakers confront hard Brexit choices
ST ATHAN, Wales/GAYDON, England (Reuters) – In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury carmaker Aston Martin is forging ahead with construction of a new vehicle assembly plant. A general view of the Aston Martin production line at their world headquarters in Gaydon, Britain, February 14, 2019. REUTERS/Andrew Read More

Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban

1 day ago DieselGasoil Comments Off on Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban
UK Foreign Secretary Jeremy Hunt has pleaded with his German counterpart to drop Berlin’s ban on weapons exports to Saudi Arabia, fearing it will damage the bottom line of UK and European arms manufacturers. In a private letter to German Foreign Minister Heiko Maas ahead of a trip to Berlin Wednesday, Hunt said he was Read More

UBS CEO says French appeals process to take 'several years'

1 day ago DieselGasoil Comments Off on UBS CEO says French appeals process to take 'several years'
Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019. REUTERS/Arnd WIegmann/File Photo ZURICH (Reuters) – UBS Group expects its appeal of a French court verdict ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) for aiding tax evasion to last Read More

UBS to appeal after fined 4.5 billion euros in French tax fraud case

1 day ago DieselGasoil Comments Off on UBS to appeal after fined 4.5 billion euros in French tax fraud case
PARIS (Reuters) – A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo Shares in Read More

UBS slams French verdict in tax evasion trial

1 day ago DieselGasoil Comments Off on UBS slams French verdict in tax evasion trial
The UBS logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren ZURICH (Reuters) – UBS slammed a French court verdict on Wednesday ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) after finding it guilty of aiding tax evasion. “The conviction is not Read More

French court fines UBS 4.5 billion euros in tax fraud case

1 day ago DieselGasoil Comments Off on French court fines UBS 4.5 billion euros in tax fraud case
PARIS (Reuters) – A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. Read More

French court ruling due in UBS $6 billion tax case

1 day ago DieselGasoil Comments Off on French court ruling due in UBS $6 billion tax case
PARIS (Reuters) – A French court will rule on Wednesday whether UBS, Switzerland’s largest bank, helped wealthy French clients evade taxes between 2004 and 2012 and launder the proceeds. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo French prosecutors are demanding a 3.7 billion Read More

Ghosn's new lawyer, 'the Razor', takes aim at Nissan and prosecutors

2 days ago DieselGasoil Comments Off on Ghosn's new lawyer, 'the Razor', takes aim at Nissan and prosecutors
TOKYO (Reuters) – Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, Read More