Showing 21 - 30 of 321
Ex-VW CEO charged in US over diesel scandal
Business, Published on 05/05/2018
» The US Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG chief executive Martin Winterkorn, accusing him of conspiring to cover up the German automaker's diesel emissions cheating.
05biz-Teaser B1
Business, Published on 05/05/2018
» Two barred executive directors of Asia Wealth Securities sue the SEC
All-in-one furniture
Business, Published on 05/05/2018
» French inventor Nicolas Veger presents his invention, 'Very Good Box', a single piece of furniture to eat, sleep, wash, and work during the 2018 Concours Lepine (Lepine contest) in Paris on Thursday. The contest was first launched in 1901 by Louis Lepine, the city's police chief, and has chalked up some notable successes, such as the world's first artificial heart in 1937.
Xerox CEO, board to stay put after all
Business, Published on 05/05/2018
» Xerox Corp said its board and management team would stay after a legal settlement with activist shareholders to remove them lapsed, adding uncertainties to a $6.1 billion deal that would see the US company cede control of its operations to Japan's Fujifilm Holdings Corp.
HSBC seeks to appease investors
Business, Published on 05/05/2018
» HSBC Holdings Plc's new chief executive sought to mollify investors with a share buyback of up to $2 billion, as the bank reported yesterday an unexpected 4% drop in first-quarter pre-tax profit due to a surge in spending.
Norwegian turns down IAG's offer
Business, Published on 05/05/2018
» British Airways-owner International Consolidated Airlines Group SA (IAG) is considering its options after Norwegian Air Shuttle rebuffed two takeover advances.
Flipkart board said to choose Walmart
Business, Published on 05/05/2018
» The board of Flipkart Online Services Pvt has approved an agreement to sell about 75% of the company to a Walmart Inc-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion.
BMW's net profit edges up in first quarter
Business, Published on 05/05/2018
» BMW AG saw first-quarter net profit rise slightly from an already high level as sales strengthened across all regions and the company's 5-Series sedan and X1 sport-utility logged double-digit increases.