Business & Finance News
Engineers working to tackle carcinogenic pollution from cars have developed cheap and simple devices to test the effectiveness of particle filters, which could help take toxic vehicles off roads without resorting to blanket bans.
The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors.
France’s air safety agency on Friday began studying data from the black boxes of a Boeing 737 MAX plane that crashed in Ethiopia, as regulators the world over grounded the plane and the U.S. planemaker halted deliveries of its latest model.
An Ethiopian team investigating the crash of flight ET302, which killed 157 people, has arrived in Paris, where the aircraft’s black boxes are being examined, the airline said in a tweet on Friday.
Switzerland’s biggest bank, UBS, on Friday reported a nearly $400 million boost to its litigation provisions after a French court slapped it with a 4.5 billion euro ($5.09 billion) penalty last month.
Apple Inc said on Thursday Spotify wants all the benefits of a free app without being free, as the iPhone maker responded to the audio streaming service provider’s complaint with European Union antitrust regulators.
India’s embattled Jet Airways put photographs of smiling women employees on social media last week for Women’s Day, using the tagline “Standing tall; touching the skies” but few passengers reacted cheerfully.
Asian stocks advanced on Friday as sentiment improved on a report that U.S.-China trade talks were making progress and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.
Switzerland’s biggest bank, UBS, on Friday reported a nearly $400 million boost to its litigation provisions following a French court ruling which slapped UBS with a 4.5 billion euro ($5.09 billion) penalty last month.
The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company of perpetrating a “massive fraud” on U.S. investors.
Investigators have found a piece of a stabilizer in the wreckage of an Ethiopian jet with the trim set in an unusual position similar to that of a Lion Air plane that crashed last year, two sources familiar with the matter said.
French investigators on Friday will begin analyzing data from the black boxes of the Boeing 737 Max plane that crashed after takeoff from Addis Ababa killing 157 people, the second such calamity involving the aircraft since October.
Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals.
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people combined.
The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company of perpetrating a “massive fraud” on U.S. investors.
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