According to a consent order, Honda Motor Co has agreed to a settlement of $85 million following an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles. The investigation by most U.S. states… Read More ›
procedures
Swedbanks admits to money laundering
Investors are concerned over the involvement of U.S. authorities. A U.S. sanction on the bank could significantly hamper its ability to transact in the U.S. dollar. On Thursday, in a significant development that adds pressure to the business environment in… Read More ›
European Commission drags China to WTO over alleged patents violations
Although the EU action on China shares common ground with the U.S., the route taken by the European Commission is however significantly different in that its less dramatic and disruptive. With the European Commission (EC) dragging China to the World… Read More ›