Indian Oil says Iran may still invest in Chennai Petroleum expansion
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BRUSSELS (Reuters) - The European Commission on Thursday approved the 48-billion-euro (42.55 billion pounds) merger of eyewear groups Luxottica and Essilor without setting conditions, saying the merger would not harm competition. Weve received feedback from nearly 4,000 opticians in a market test in Europe that Essilor and Luxottica would not gain market power to harm competition, EU Competition Commissioner Margrethe Vestager said in a statement. The deal between Luxottica, the worlds biggest eyeglass frame maker, and Essilor, the world No. 1 lens maker, would create a company that would make products for various well-known brands such as Oakley and Ray-Ban. Reuters reported in December that the deal would be cleared. (Reporting by Robert-Jan Bartunek) View comments
The Enigmatic Tale of Richard Serra's Lost Sculpture
Discover the intriguing story behind Richard Serra's lost sculpture and its lasting impact on public art.