VW says CO2 cheats affect more petrol engines than previously disclosed
BERLIN (Reuters) – Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday.
How Pfizer has shifted U.S. profits overseas for years
RINGASKIDDY, Ireland (Reuters) – Drugmaker Pfizer’s plans to take over Allergan have faced a political backlash in the United States over fears a deal would lead to the company shifting its headquarters and taxable profits to Ireland.
Taco Bell to switch to cage-free eggs after 2016, ahead of rivals
LOS ANGELES (Reuters) – Taco Bell said on Monday its more than 6,000 U.S. fast-food restaurants would stop using eggs laid by caged hens by Jan. 1, 2017, years ahead of the deadlines set by its bigger rivals.
Buffett’s Berkshire cuts crisis-era Goldman stake
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Monday said it reduced its stake in Goldman Sachs Group Inc by 13 percent during the third quarter, paring a successful investment it made during the height of the global financial crisis.
NYSE-owner ICE to buy commodities trading platform for $650 million
(Reuters) – Intercontinental Exchange Inc , the owner of the New York Stock Exchange, said it would buy commodities trading platform Trayport from BGC Partners Inc and GFI Group Inc for about $650 million in stock.
VW, Audi to meet U.S. regulators on emissions this week: sources
WASHINGTON (Reuters) – Volkswagen and Audi executives will meet with U.S. environmental regulators this week, ahead of a Nov. 20 deadline to submit a plan to fix nearly 500,000 diesel cars that violate pollution emission rules, people familiar with the…
Economic uncertainty, supply glut weigh on oil after Paris attacks
LONDON (Reuters) – Oil prices edged lower on Monday as investor concern about the economic impact from Friday’s deadly attacks in Paris, claimed by Islamic State, and a global glut of crude supplies kept prices in check.
GE, Textron team up to make new turboprop engine, aircraft
LAS VEGAS (Reuters) – GE Aviation said on Monday it had teamed up with Textron Aviation to produce an all-new turboprop aircraft and engine for the general aviation market, part of an effort GE expects will generate up to $1 billion in annual sales of …
German watchdog probes Apple and Amazon audiobooks agreement
FRANKFURT (Reuters) – Germany’s Federal Cartel Office has begun an investigation into Apple Inc’s arrangement with Amazon for purchasing audiobooks, the competition watchdog said in a statement on Monday.
Exclusive: China’s Tsinghua Unigroup to invest $47 billion to build chip empire
BEIJING/HONG KONG (Reuters) – China’s Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world’s third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on…
