Volkswagen settles emissions class action with three-quarters of claimants
Volkswagen has reached settlements with 200,000 of the 260,000 claimants participating in a class action lawsuit brought by German consumer group VZBV over the carmaker’s...
Facebook, three Indonesian firms in early talks for mobile payment approval-regulator
Three Indonesian digital fintech firms are working with Facebook Inc to apply for regulatory approval to launch mobile payments in the country, an official at...
Oil falls as stocks fill, earnings set to shrink
Oil prices fell on Monday, depressed by concerns U.S. storage facilities will soon be full as the novel coronavirus pandemic destroys demand and as companies...
Shares turn cautious as U.S. crude gets crushed
Caution recaptured world markets on Monday as another drubbing for U.S. crude oil futures kicked off a week of data and earnings that will drive...
China calls for stronger testing regime to detect coronavirus
China’s health authority called for a stronger and more rigorous testing regime to ensure that the new coronavirus does not escape detection, whether in travellers...
China rejects Australia’s questions on its handling of coronavirus
China dismissed as groundless on Monday Australia’s questioning of how Beijing handled the coronavirus pandemic, saying it had been open and transparent, despite growing scepticism...
MLS must remove salary cap to compete with European leagues: Rooney
Major League Soccer (MLS) must remove caps on salaries if it is to fulfil its potential and compete with Europe’s top leagues, former England captain...
Danske Bank board proposes no dividends be paid for 2019
Danske Bank’s board of director will propose that no dividends be paid for 2019, it said in a statement on Monday....
Primark commits to paying for 370 million pounds of orders during coronavirus crisis
Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores are closed due to the coronavirus pandemic....
Exclusive: In Russia, a black market for HIV drug to try on coronavirus
A black market has developed in Russia for an antiviral HIV drug explored as a possible treatment for COVID-19, the respiratory disease caused by the...