In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›
handling
Mercedes-Benz USA to pay $20 million fine over U.S. vehicle recall
Mercedes-Benz USA has agreed to pay $20 million in civil penalty over its handling of U.S. vehicle recalls following a year-long investigation by the U.S. government into the recall of 1.4 million vehicles. Under the terms of the settlement, Mercedes-Benz… Read More ›