Business & Finance News
Estonia has arrested 10 former employees of the local branch of Danske Bank as part of an international investigation into alleged money laundering.
Thyssenkrupp will propose as chairwoman Martina Merz, whose background includes roles at Volvo , Bosch [ROBG.UL] and Lufthansa , the German company said, as it prepares to spin off its capital goods units.
Renault-Nissan executives including the French carmaker’s general secretary Mouna Sepehri worked on an abortive 2010 plan to pay out Chairman Carlos Ghosn’s deferred Nissan compensation through the companies’ shared Dutch holding, according to documents seen by Reuters.
Facebook Inc said it did not give some companies access to people’s data without their permission, after the New York Times reported on Tuesday that the social network allowed some large technology companies greater access to user data.
Travel lobbying group ETTSA, whose members include Amadeus and booking.com, on Wednesday urged EU antitrust regulators to investigate Lufthansa’s surcharges and other allegedly discriminatory measures against travel agents.
Travel lobbying group ETTSA, whose members include Amadeus and booking.com, on Wednesday urged EU antitrust regulators to investigate Lufthansa’s surcharges and other allegedly discriminatory measures against travel agents.
Oil stabilized on Wednesday after one of its biggest falls in years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand.
Nissan Motor Co CEO Hiroto Saikawa failed to secure a hoped-for meeting this week with the acting boss of partner automaker Renault to discuss the arrest of top executive Carlos Ghosn, a source told Reuters on Wednesday.
Global equity and crude oil markets attempted on Wednesday to claw their way out of a three-day long plunge that saw investors seek out the safety of bonds amid mounting pessimism over world growth.
Indian drug authorities visited some of Johnson & Johnson’s facilities on Wednesday and took “tests and samples” of its talcum powder, the company said in a statement.
Britain’s BP has launched the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other fields in the United States it bought in October from BHP , industry and banking sources said.
Volkswagen said it would take over Volvo’s WirelessCar, a Stockholm-based digital service developer, specializing in connected driving.
SoftBank Corp shares sank 15 percent on debut, wiping $9 billion off their value, as investors sold off the telecoms operator after its record IPO on worries about a recent service outage and its exposure to Chinese telecoms gear maker Huawei.
Malaysia on Wednesday charged a second former banker at Goldman Sachs Group Inc in connection with a suspected money-laundering scheme at state fund 1MDB and said it had issued a summons to the bank.
Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand for fuel.
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