As a part of the reimbursement costs that will total at least $600 million for its overstating of mileage readings, Japan’s Mitsubishi Motors Corp said it plans to give owners of four mini vehicles close to $1,000 in compensation. Nissan… Read More ›
Amid allegations they may have helped shield customers’ international transfers from tax authorities, the Spanish authorities are investigating some Banco Santander SA and BNP Paribas SA employees, reported Bloomberg citing a person familiar with the probe. By analyzing evidence including papers… Read More ›
Demographics and the aging of the baby boomers is the most important issues that looms for the financial advice industry. Roughly $30 trillion in assets would be transferred to their Gen X and millennial children by the biggest and wealthiest… Read More ›
If the deal were to go through, it would create the world’s biggest power producer from wind energy. Bloomberg has reported citing sources familiar with the matter at hand, Siemens AG is likely to pay $1 billion to Gamesa, a… Read More ›
The probe relates to Ericson’s business practices in China. Swedish Daily Svenska Dagbladet (SvD) has reported citing sources familiar with the matter at hand, Swedish telecom gear manufacturer is being investigated by U.S. law enforcement agencies over possible corruption charges… Read More ›
With the aim of spurring demand for the second-hand jets leasing firm Doric is offering its used Airbus Group SE A380 superjumbos at a 40 percent discount compared to the $2 million-plus monthly rental rate for a new plane. Sibylle… Read More ›
Arguing that a case by a U.S. labor board would have big implications for the technology company, Microsoft Corp has asked a federal court to throw out a ruling by the board extending the responsibility of companies for contract workers…. Read More ›
The “Leave” movement is gaining momentum as the referendum date gets near. According to a telephone poll conducted by Ipsos MORI 53% of British voters are likely to opt to leave the European Union, in a referendum that is due… Read More ›
Prosecutors are slowly zeroing in on the person who has dared to throw a spotlight on the shadowy world of how the wealthy hide their wealth. Swiss newspaper Le Temps has reported citing a source who is close to the… Read More ›
Philippe Dauman has argued in court saying that the 93-year-old media’s mogul’s daughter, Shari Redstone, is manipulating her father. Sumner Redstone has not been seen speaking in public for a months now. Viacom’s lead independent director, Fred Salerno, has pleaded… Read More ›
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