In the U.S., Volkswagen has until June 28 to reach a settlement with regulators and car owners for its diesel emission cheating scandal. The public pension fund for Boston municipal employees, Boston Retirement System has filed the first bondholders proposed… Read More ›
Cars, that would tend to fulfill a safety vision decades in the making, that can automatically brake to avoid collisions is being rolled out by General Motors Co. The company announced the rolling out of a sedan laden with gadgets… Read More ›
Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
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 ›
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 ›
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 ›
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