VW’s Dieselgate bill hits $30 billion after another charge
HAMBURG/BERLIN (Reuters) – Volkswagen is taking another $3 billion charge to fix diesel engines in the United States, lifting the total bill for its emissions-test cheating scandal to around $30 billion.
New Uber CEO to meet London transport boss in license battle
LONDON (Reuters) – The new chief executive of Uber Technologies [UBER.UL] will meet the head of London’s transport system next week to try to retain the license for its ride hailing service in the British capital.
Exclusive: South Africa’s central bank tells lenders that KPMG is ‘too big to fail’
JOHANNESBURG (Reuters) – South Africa’s central bank has told top lenders they cannot fire auditor KPMG [KPMG.UL], entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowle…
China’s C919 jet could do third test flight within days: COMAC executive
SHANGHAI (Reuters) – China’s domestically developed C919 passenger jet is likely to make its third test flight within days or in up to two weeks, a senior Commercial Aircraft Corp of China Ltd (COMAC) [CMAFC.UL] executive told reporters on Friday.
Exclusive: South Africa’s central bank tells lenders KPMG ‘too big to fail’
JOHANNESBURG (Reuters) – South Africa’s central bank has told top lenders they cannot fire auditor KPMG [KPMG.UL], entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowle…
China’s C919 jet could do third test flight ‘within days’: executive
SHANGHAI (Reuters) – China’s domestically-developed C919 passenger jet is likely to take its third test flight within days or up to two weeks, a senior Commercial Aircraft Corp of China Ltd (COMAC) [CMAFC.UL] executive told reporters on Friday.
Trumpflation strikes back: dollar set for best week of the year
LONDON (Reuters) – The dollar was set for its biggest weekly rise in 2017 and stocks rose across the world after U.S. President Donald Trump proposed the biggest tax overhaul in three decades in the United States.
Murdoch opponent challenges UK regulator over Sky deal
LONDON (Reuters) – Activist group Avaaz stepped up its battle to stop Rupert Murdoch buying Sky , launching a legal challenge to the regulator’s view that the pay-TV group would still be a “fit and proper” owner of a broadcasting license if the deal go…
New Uber CEO to meet London transport boss over license battle
LONDON (Reuters) – Dara Khosrowshahi, the new chief executive of Uber Technologies [UBER.UL], will meet the head of the London Transport system next Tuesday as the Silicon Valley giant steps up the fight to regain its license in the British capital.
VW takes new $3 billion hit over diesel emissions scandal
BERLIN (Reuters) – Volkswagen added provisions of around 2.5 billion euros ($3 billion) on Friday to the mounting total from its diesel emissions scandal, which has already cost the company around 20 billion euros.
