A Hamburg court ordered Germany to pay back utilities, mostly EON SE and RWE AG, a combined 2.2 billion euros ($3 billion) in nuclear-fuel taxes after they mounted a legal challenge to the charges introduced in 2011.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs Group Inc., has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
The U.K. government may have to pay about 1.2 billion pounds ($2 billion) to a home-shopping company owned by the billionaire Barclay brothers after a judge ruled in their favor in a dispute over 30 years of overpaid taxes.
Liberty Global Plc’s UPC Austrian unit, and other Internet service providers, can be forced to block access to websites that post copyright-infringing material, the European Union’s highest court ruled.
Hungarian lawmakers can retroactively amend the terms of some loan contracts, the Constitutional Court said in response to a government request concerning about $15 billion in foreign-currency mortgages.
Prime Minister David Cameron said he will campaign for Britain to stay in the European Union if the body agrees to renegotiate terms of membership in areas such as immigration, business regulation, and legislation.