FRANKFURT AM MAIN: Car manufacturer Volkswagen has suspended production in Algeria, where the head of its local partner has been detained since June in a corruption probe, a spokesman for the German auto giant said. "Volkswagen is aware of a corruption investigation by Algerian authorities into ...
Is it an online booking service? Or a real estate agent? U.S. homesharing site Airbnb will on Dec. 19 know how it should be labeled when Europe's top court rules on the issue amidst a backlash from the hotel industry and some cities.
The U.S. Securities and Exchange Commission on Monday said it has agreed to a settlement of alleged violations of the Foreign Corrupt Practices Act (FCPA) with former Goldman Sachs Group Inc. executive Tim Leissner, related to 1Malaysia Development Berhard (1MDB).
France's markets watchdog AMF said on Monday it had fined U.S. news agency Bloomberg News 5 million euros (US$5.5 million) for publishing a hoax press release relating to construction group Vinci in November 2016.
Tyson Foods Inc received approval from U.S. and Chinese authorities to export American poultry to China from all 36 of its U.S. processing plants and expects to begin taking orders early next year, a chief supply chain officer for the company said.
REUTERS: German broadcaster ProSiebenSat.1 Media SE's e-commerce arm NuCom Group is exploring the acquisition of U.S. livestreaming app developer Meet Group Inc , people familiar with the matter said on Monday. NuCom, whose holdings include online dating website eharmony, has made a preliminary ...
Germany's Social Democrats (SPD) will decide on Tuesday whether to adopt a proposal that could bar China's Huawei from taking part in the rollout of 5G services, which could further strain its alliance with conservative Chancellor Angela Merkel.
Wall Street notched a fresh record high on Monday as investor confidence was boosted by upbeat data from China, while cooling trade tensions between the world's two biggest economies removed one of the hurdles for global economic growth.
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a US$25 million judgment it was ordered to pay to a California man who blamed the company's Roundup weed killer for his cancer.
U.S. exports to China will double under the so-called Phase One trade deal reached between Washington and Beijing, a top White House adviser said on Monday.
