ROME (Reuters) – Italy has launched a process that could end with Telecom Italia <TLIT.MI> being fined for failing to notify Rome that French media group Vivendi <VIV.PA> had assumed de facto control of the phone company, a government source said. Vivendi denies its 24 percent holding in Telecom Italia has given it effective control […]
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By Jörn Poltz MUNICH (Reuters) – Munich prosecutors have arrested a former board member of Volkswagen <VOWG_p.DE> unit Porsche in connection with an emissions scandal at carmaker Audi, a person familiar with the matter said on Thursday. Wolfgang Hatz, former Research and Development chief at Porsche and head of powertrain development at Audi and parent […]
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By Leah Schnurr OTTAWA (Reuters) – Canada outlined its vision for its cultural and entertainment industries on Thursday, promising more money to foster Canadian content at home and abroad and striking a deal in which streaming service Netflix would invest C$500 million to create programming in the country. The announcement was part of a sweeping […]
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