Hubris behind Volkswagen's US deal
The $13 billion VW is apparently setting aside to settle all US claims is a high price to pay to maintain a presence in a relatively unimportant market.
The $13 billion VW is apparently setting aside to settle all US claims is a high price to pay to maintain a presence in a relatively unimportant market.
Alexis Tsipras has called for debt relief after the European Commission said Greece's fiscal performance was better than expected last year.
Elizabeth Holmes is learning a hard truth: the highest fliers fall hardest. But the world's youngest female self-made billionaire still has a few cushions to fall into.
Mitsubishi.'s disclosure that it manipulated fuel economy tests risks putting the Japanese carmaker back in a familiar position: needing help from Mitsubishi group companies to stay in business.
Volkswagen and US officials have reached a framework deal under which the automaker would offer to buy back almost 500,000 diesel cars.
Mitsubishi Motors says it has found evidence its employees falsified fuel economy test data for several models of vehicles.
Analysts have suggested that Harley Davidson may have to prune models as its global sales rise but profits fall.
Argentina has returned to the international bond markets for the first time in 15 years.
New Zealand: a magical land of mountains, milk, rugby and fibre internet to (almost) every premise. It's also a place with a very interesting start-up scene.
Just because America has rounded on China, doesn't mean we should follow along.
CEO Bob Dudley's pay went up 20 per cent as the oil giant reported a record loss and slashed thousands of jobs.
The box arrived at his home in Italy and, when he opened it, the insurance executive was chilled by its contents: nine bullets, one each for him, his wife and their seven children. Doing business in Italy, it seems, is not for the faint-of-heart.
The apparent reluctance of Volkswagen managers to give up their bonuses amid the carmaker's biggest ever corporate scandal has sparked outrage among the German public and shareholders.
Goldman Sachs was ordered to pay $US5.1 billion for misleading clients in the GFC. Turns out the bank secured itself a $US1 billion discount.
Chinese tourists are turning Japanese as rural migration to urban centers is tipped to further fuel demand for overseas travel.
The euro's most valuable note has an image problem and may have to be eased out of circulation.
A prolonged period of slow growth has left the global economy more exposed to negative shocks, the IMF warned.
The Organisation for Economic Co-operation and Development's Taxing Wages 2016 report singles out how various tax systems disadvantage "second earners" – typically married women – who wish to return to work.
The tiny country's president says tax evasion needs to be tackled globally.
A SpaceX Falcon 9 rocket that blasted off from Florida on a cargo run for the International Space Station has achieved a dramatic spaceflight first.
A former senior executive at Reserve Bank subsidiary Securency has been accused of inventing accusations against a former regional manager and other senior executives to escape jail for his own corrupt behaviour.
Bribing a Nigerian official was just "a cost of doing business", the former financial director for Australian Reserve Bank subsidiary Securency has told a London court.
12,500 sausages weren't enough: Police in Germany were called to defuse a fracas at the carmaker's wurst buffet.
A decade ago, central banks stopped looking at money supply as a key economic measure. It may be time to go back to it.
Groomed for bigger things, he saved the CEO's life. But not even that could save him.
Fresh revelations from the cache of 11.5 million leaked Panama documents point to more links to senior Chinese political figures, including a relative of Chairman Mao.
As host of new competitors elbow their way into the "green cosmetics" market, The Body Shop wants to establish itself as "the world's most ethical and sustainable global business" and win a new generation of customers.
A Polish entrepreneur is feeling the wrath of aggrieved funeral homes after inventing an affordable Ikea-style flat-pack coffin.
The Obama government has set a line in the sand: Have companies gone too far in pursuing big aggressive deals?
International auction house Christie's is holding a blockbuster sale featuring rocks and gems from outer space.