Thomson Reuters | Last Updated: September 27, 2015 19:35 (IST)
The Frankfurter Allgemeine Sonntagszeitung, citing a source on VW's supervisory board, said the board had received an internal report at its meeting on Friday showing VW technicians had warned about illegal emissions practices in 2011. No explanation was given as to why the matter was not addressed then.
Thomson Reuters | Last Updated: September 22, 2015 09:30 (IST)
Volkswagen shares plunged by nearly 20 percent on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and U.S. authorities said they would widen the probe to other automakers.
Thomson Reuters | Last Updated: September 17, 2015 11:44 (IST)
Anheuser-Busch InBev, the world's largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world's beer.
Thomson Reuters | Last Updated: September 09, 2015 09:57 (IST)
With 300 million monthly active users, Instagram has a key advantage over rivals because parent Facebook Inc's vast trove of consumer data allows it to target audiences more accurately, a major selling point for advertisers.
Agence France Press | Last Updated: August 27, 2015 11:45 (IST)
Basketball star Michael Jordan last month lost a case against a Chinese sportswear company that used the Chinese version of his name.
Thomson Reuters | Last Updated: July 09, 2015 19:31 (IST)
Coty said the deal valued the P&G Beauty Business at $12.5 billion at the time of the proposal, based on the number of Coty basic shares outstanding and an average Coty trading price.
Thomson Reuters | Last Updated: July 03, 2015 10:56 (IST)
Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a US judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc.
Thomson Reuters | Last Updated: July 03, 2015 08:04 (IST)
The agreement adds to the $43.8 billion that BP had previously set aside for criminal and civil penalties and cleanup costs.
Thomson Reuters | Last Updated: June 01, 2015 20:52 (IST)
By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used, among other things, to speed up Web-searches.
Thomson Reuters | Last Updated: May 19, 2015 07:35 (IST)
Athens has been defending its "red lines" in talks with lenders, refusing to yield on further pension cuts and more labour market liberalisation to clinch a deal that would release remaining bailout aid, despite a pressing cash crunch.
Thomson Reuters | Last Updated: May 14, 2015 16:07 (IST)
The company, which also operates in South Africa, Namibia, Liberia, Ireland and Australia, said earnings before interest, tax, depreciation and amortisation for the year ended March 31 fell to $3.74 billion.
Last Updated: May 14, 2015 10:28 (IST)
For most people, pleading guilty to a felony means they will very likely land in prison, lose their job and forfeit their right to vote.
Last Updated: May 12, 2015 18:31 (IST)
AOL was a technology behemoth in 2000 when it bought Time Warner for more than $160 billion. That deal became a disaster and AOL was spun off from Time Warner in 2009 and was listed on the New York Stock Exchange at a value of $3.4 billion.
Thomson Reuters | Last Updated: April 30, 2015 07:38 (IST)
The San Francisco-based company also missed Wall Street revenue estimates by nearly $20 million, according to Thomson Reuters I/B/E/S data
Thomson Reuters | Last Updated: April 22, 2015 07:51 (IST)
For the first quarter, Yahoo said display advertising revenue rose 2.3 per cent to $463.7 million, accounting for roughly 40 per cent of its total revenue. Search business revenue was up 19.5 per cent year-on-year to $531.7 million.
Thomson Reuters | Last Updated: April 22, 2015 07:40 (IST)
Mylan Executive Chairman Robert Coury said last week that the company had studied the potential for a deal with Teva and concluded that such a combination "is without sound industrial logic or cultural fit," and would attract antitrust scrutiny.
Thomson Reuters | Last Updated: March 05, 2015 08:33 (IST)
Women currently account for 11 percent of mid-to-senior level management in Japan and 1 percent of executive committee members, according to researcher McKinsey.
Thomson Reuters | Last Updated: February 22, 2015 09:26 (IST)
Mr Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme.