Volkswagen takes one-two punch in Australia with fine, lawsuit
Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million ($86 million) fine on the German car maker as...
UK names Bailey to lead Bank of England through Brexit
Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London’s most experienced regulators...
Shell sees up to $2.3 billion in fourth quarter charges, trims oil product sales estimate
Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly...
China says case of detained Canadians turned over to prosecutors
China’s foreign ministry said on Friday that an investigation into two Canadians detained on state security charges since December last year had ended, and the...
Oil declines but set for third weekly rise
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing U.S.-China trade tensions lifted business confidence and...
French telco Orange and ex-CEO found guilty over workers’ suicides
French telecoms group Orange and its former CEO Didier Lombard were guilty of “moral harassment” that prompted a spate of suicides during a restructuring at...
Google fined 150 million euros by France
France’s competition authority fined Google 150 million euros ($167 million) for anti-competitive behavior and for having unclear advertising on the Google Ads page....
China can fulfil $40 billion U.S. farm purchase pledge: consultancy
China will make good on a pledge to purchase more than $40 billion per year of U.S. agricultural products under the recently agreed Phase 1...
UK names Andrew Bailey as new Bank of England governor
Former Bank of England deputy governor Andrew Bailey will be the British central bank’s next governor, finance minister Sajid Javid said on Friday....
Shell sees $2.3 billion charges, trims output estimate
Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly...