Search Results for: emission
VW Scandal: Top law firms competing for lead assignment in expected multibillion-dollar case
December 3rd, 2015
Top law firms competing for lead assignment in expected multibillion-dollar case Lawyers from across the country will descend Thursday on a courthouse in New Orleans to jockey for a potentially lucrative assignment: a role in the massive consumer-fraud litigation facing Volkswagen AG over ...
German prosecutors launch tax evasion probe at Volkswagen
November 25th, 2015
German prosecutors have launched an investigation into suspected tax evasion in connection with cheating on emissions tests by Volkswagen (VOWG_p.DE), adding to the intense scrutiny of Europe’s biggest carmaker. The investigation focuses on five Volkswagen employees, a spokesman for ...
U.S. probes Bosch in VW cheating scandal
November 20th, 2015
U.S. authorities are investigating German auto supplier Robert Bosch GmbH over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of ...
Terrorism, Climate Rift, Putin-Obama and Merkel: The G-20 So Far
November 16th, 2015
World leaders’ meeting in Turkey overshadowed by Paris attacks Official agenda turns to economic growth, finance and jobs Group of 20 leaders gather on Monday for a second day of talks in Turkey, yet the world’s eyes remain on Paris. ...
IEA releases Oil Market Report for November
November 16th, 2015
Non-OPEC output to slip more than 0.6 mb/d in 2016 as demand growth slows to 1.2 mb/d from five-year high Global demand growth is forecast to slow to 1.2 million barrels per day (mb/d) in 2016 after surging to ...
VW scandal: Which other car manufacturers will be under investigations
November 12th, 2015
VW diesel emissions investigation widened to include other brands German regulators to run tests on possible ‘unusual pollutants emissions’ on other models including BMW, Mercedes and Ford German car regulators are expanding their investigation into suspected diesel emissions manipulation ...
European stocks end lower as M&A hopes fade
November 10th, 2015
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC and auto maker Renault SA. The Stoxx Europe 600 SXXP, -1.07% finished down ...
New York investigating Exxon over climate statements: source
November 6th, 2015
The New York attorney general has launched an investigation into whether Exxon Mobil Corp (XOM.N) misled the public and shareholders about the risks of climate change. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial ...
EU countries warn of Volkswagen scandal fallout
October 21st, 2015
Several EU member states including major automaker France will urge Europe’s pollution regulator to thoroughly assess the consequences of the Volkswagen emission scandal, according to a document seen by AFP Monday. “The environmental dimension needs to be clearly assessed ...
Volkswagen hits metals
October 20th, 2015
Prices of platinum – used in engines – have tumbled since the scandal broke. PLATINUM prices have plunged since the Volkswagen emissions scandal broke, as investors have shifted into its sister metal palladium – with the latter’s price rising ...
