Sept 10 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- LVMH said it was pulling out of deal with Tiffany & Co , citing a highly unusual request by the French government to delay the closing as well as the damage caused to the luxury industry by the pandemic. In turn, Tiffany sued the luxury giant in an effort to force the deal through.
- Facebook Inc said Wednesday Irish Data Protection Commission had begun an inquiry into its movement of data on European users to the United States after European regulators raised concerns that such transfers do not adequately protect the information from U.S. government surveillance.
- J.C. Penney reached an agreement to sell its retail business to the mall operators Simon Property Group Inc and Brookfield Property Partners LP on Wednesday, averting a total liquidation that would have had significant ripple effects through the industry and cost tens of thousands of jobs.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com)
- LVMH said it was pulling out of deal with Tiffany & Co , citing a highly unusual request by the French government to delay the closing as well as the damage caused to the luxury industry by the pandemic. In turn, Tiffany sued the luxury giant in an effort to force the deal through.
- Facebook Inc said Wednesday Irish Data Protection Commission had begun an inquiry into its movement of data on European users to the United States after European regulators raised concerns that such transfers do not adequately protect the information from U.S. government surveillance.
- J.C. Penney reached an agreement to sell its retail business to the mall operators Simon Property Group Inc and Brookfield Property Partners LP on Wednesday, averting a total liquidation that would have had significant ripple effects through the industry and cost tens of thousands of jobs.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com)