Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the United States, court documents show.
Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the United States, court documents show.
The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.
Apple faces ?750 mn lawsuit over iPhone software update
The price increases impacted Tesla’s Model X, Model S, and Model 3 EVs as raw material costs surge.
Binance backs Musk stance over free speech on Twitter
Abbott Laboratories announced Wednesday that severe weather will delay production at its Michigan plant at the center of the nationwide baby formula shortage.
Eurozone bond yields surged on Thursday after an unexpected interest rate hike by Switzerland turned the focus to the ramifications of a policy shift for the region.
Canadian Imperial Bank of Commerce is "comfortable" with the quality of its mortgage book, but is on the lookout for signs of stress, its chief risk officer said on Thursday.
Israel's central bank said on Thursday it was teaming up with the Hong Kong Monetary Authority and the Bank of International Settlements' (BIS) Innovation Lab to test the feasibility of a central bank digital currency (CBDC) for retail.
Amazon has announced the official dates of its Prime Day sales event as well as added a number of perks for members to go along with it.
Qatar Airways posts record $1.54 bn profit despite pandemic
Tanzania starts moving Maasai out of Ngorongoro reserve
Kylie Jenner’s current net worth stands at $600 million.
Revlon filed for Chapter 11 bankruptcy amid supply chain disruptions, rising inflation, and lender obligations.
EU leaders vow to back Ukraine in visit to war-torn Kyiv
The cruise company offers compensation options and a special discount to affected guests.
BoE unveils fifth straight rate hike as inflation soars
Qatar Airways posts 'record' $1.54 bn profit despite pandemic
Vince McMahon has an estimated $2.4 billion net worth.
Amsterdam's Schiphol Airport on Thursday set a cap on the number of passengers it will handle during the summer travel season, citing labour shortages.
French left, Macron allies trade barbs ahead of tight polls
Thousands flock to Indonesian volcano for Hindu ritual sacrifice
Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so.
At a sprawling nuclear site in north western France, a banner next to a crane and a still-under-construction water reservoir confidently states: "Final stretch to get Flamanville 3 started safely and securely."
McDonald's to pay 1.25 bn euros to settle French tax case
U.S. stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.
France's anti-trust watchdog body said on Thursday that it had approved commitments made by Facebook owner Meta Platforms regarding the French online advertising sector.
Four senior executives at Vietnam's VinFast have left the electric vehicle startup as it prepares to launch its first overseas model and roll out a network of showrooms in the United States and Europe, the company said.
Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it leans on partners to make the costly shift to zero-emission driving.
