While it might sound like a great thing – lifetime employment is not always so if one hates the place of work. This is what a survey report in Japan has found out while in reference to the plight of… Read More ›
Day: June 23, 2016
Toshiba Sued over its Accounting Scandal by Japan Government Pension Fund
A law suit that claims nearly $10 million in damages has been filed against Toshiba by Japan’s $1.3 trillion public pension fund. The damages have been claimed after the fund lost money following the accounting scandal that pushed down the… Read More ›
Will VW bite the bullet and claim damages from top past and current executives?
Internal investigations have yet to assign responsibility for the diesel emission scandal that has plagued Europe’s top car manufacturer. Hans Dieter Poetsch, Volkswagen’s chairman has stated that the company’s supervisory board is looking at the possibility of claiming damages from… Read More ›
Porsche backs VW’s former management at its AGM
Porsche SE has 52% voting rights in VW. VW‘s internal investigation committee has yet to point any accusatory finger at former VW’s supervisory board members or at its senior management. Volkswagen’s controlling stakeholder, Porsche Automobil Holding SE, will endorse VW’s… Read More ›
British car manufacturing industry could be severely affected in case of Brexit
If Brexit were to happen Jaguar Land Rover could face a $1.47 billion in taxes by 2020. According to two sources who are familiar with the matter at hand, Britain’s largest car manufacturer, Jaguar Land Rover, could face the brunt… Read More ›
Boeing confirms sale of a number of aircrafts to Iran
Boeing has however not provided the quantity and type of aircrafts in question along with their delivery schedules. Boeing has disclosed that it has signed an agreement with Iran Air for the sale of its jetliners. This disclosures confirms news… Read More ›
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