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Volkswagen to recall nearly 600,000 vehicles in China over headlight concerns

May 17th, 2017 (0)
Volkswagen is to recall hundreds of thousands of cars in China amid fears of a headlight fuse defect. The German motor giant will recall 577,590 Golf and Sagitar vehicles produced between September 2009 and May 2014. Volkswagen operates a ...

Aussie legaltech firm launches in UK

May 17th, 2017 (0)
Legaltech firm LawAdvisor is expanding into the UK and has announced it has secured new funding, and is launching a new service. The Melbourne-headquartered firm’s inaugural UK office will be situated at 1 Primrose Street in London with a ...

Oil drops on rising U.S. crude inventories, defies expected supply cut extension

May 17th, 2017 (0)
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent crude was down 41 cents, ...

McLaren Applied Technologies & Deloitte team up to build data-driven products

May 16th, 2017 (0)
Two firms form new partnership to develop products that solve complex industry challenges and improve clients’ business performance Partnership expected to deliver over £1bn in annual client benefits by 2022 Around 150 new jobs to be created in first ...

Goldman Sachs Sees Big Potential for Fintech in Brazil

May 16th, 2017 (0)
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...

Prosecutor’s search of Volkswagen Group’s law firm was legal, court rules

May 16th, 2017 (0)
Searching the offices of Volkswagen Group’s law firm was not illegal, a German regional court said on Monday. VW said it would lodge an appeal with Germany’s Federal Constitutional Court. In March, Munich prosecutors searched the offices of Jones ...

Grant Thornton names Peter Bodin its new CEO-elect

May 16th, 2017 (0)
Grant Thornton, a leading business adviser and one of the major global accounting organisations, has issued an announcement to inform that Peter Bodin named Global Chief Executive – elect. Bodin to succeed Ed Nusbaum from 1 January 2018 According ...

SEC charges former head traders at Nomura with fraud

May 16th, 2017 (0)
The Securities and Exchange Commission today charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the ...

Singapore FinTech Festival to return this year

May 16th, 2017 (0)
The Monetary Authority of Singapore (MAS) today announced the second edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017. Organised in partnership with The Association of Banks in Singapore (ABS) and ...

How to protect yourself and your business from the massive ransomware attack

May 15th, 2017 (0)
An aggressive new strain of ransomware is shutting down Windows operating computers all over the world. Although the virus known as WannaCry has already infected over 75,000 PCs in 99 countries, it is actually not that hard to secure ...
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