Exclusive: BMW delays next generation Mini due to Brexit uncertainty, costs
BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain’s trade relations with the European Union make long-term investment decisions harder.
Factbox: Bayer faces lengthy Roundup appeals and settlement talks continue
Bayer AG’s shares have taken a hit since three consecutive U.S. juries awarded more than $2 billion in damages to cancer patients alleging that the company’s glyphosate-based weed killer, Roundup, caused their disease.
China raps ‘mean’ U.S. for travel warning as virus toll reaches 213
The United States drew China’s wrath with a travel warning on Friday while businesses struggled with supply problems from the coronavirus epidemic that has killed 213 people and been declared a global emergency.
Bribery allegations exposed as Airbus agrees to pay record $4 billion fine
European planemaker Airbus bribed public officials and hid the payments as part of a pattern of corruption that led to a record $4 billion bribery settlement with France, Britain and the United States, French prosecutors said on Friday.
Factbox: Countries evacuating nationals from China virus areas
A growing number of countries around the world are evacuating or planning to evacuate diplomatic staff and citizens from parts of China hit by the new coronavirus.
Guatemala imposes travel restrictions to stop entry of coronavirus
Guatemala is imposing travel restrictions on people who have recently been in China to prevent the new coronavirus entering the Central American country, President Alejandro Giammattei said on Friday.
Westpac hit with class-action suit in U.S. linked to money-laundering case
Australia’s No. 2 lender Westpac Banking Corp said on Saturday a class-action lawsuit, naming former Chief Executive Brian Hartzer and interim CEO Peter King as defendants, has been filed in a U.S. court on behalf of its shareholders.
Burger King says it never promised Impossible Whoppers were vegan
Burger King, saying it never billed its “Impossible Whoppers” as vegan or promised to cook them a particular way, said a proposed class action by a vegan customer over the plant-based patties being cooked on the same grills as meat burgers should be th…
Airlines suspend China flights due to coronavirus
Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people.
Airbus to pay around 1 billion euros in UK slice of global bribery settlement
Airbus, the world’s largest aircraft maker, will pay just under 1 billion euros ($1.11 billion)in a British settlement to draw a line under a three-and-a-half year criminal investigation into allegations of fraud, bribery and corruption.
