Category Archives: News

S&P, Dow lower as J&J drags; Nasdaq hits record

(Reuters) – The S&P 500 and the Dow Jones Industrial Average were pulled lower by losses in Johnson & Johnson in early afternoon trading on

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BMW rejects media reports of emissions manipulations

FRANKFURT (Reuters) – German carmaker BMW on Sunday rejected media reports that the emissions treatment systems in its vehicles do not work effectively and that

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Opel defends inclusion of employee leases in sales data

FRANKFURT (Reuters) – German carmaker Opel, which is being bought by French rival PSA Group from General Motors , said on Saturday that its sales

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Ford to petition to avoid U.S. recall of 2.5 million vehicles

WASHINGTON, (Reuters) – Ford Motor Co will petition to avoid a U.S. recall of about 2.5 million vehicles with Takata air-bag inflators that the Japanese

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Bombardier wins dismissal of Comerica aircraft payments lawsuit

NEW YORK (Reuters) – Bombardier Inc has won the dismissal of a U.S. lawsuit in which Comerica Inc sought millions of dollars after the Canadian

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Justice Department expected to drop $3 million Harley-Davidson emissions penalty: sources

WASHINGTON (Reuters) – The U.S. Justice Department is expected to announce this week it is dropping a requirement that Harley-Davidson Inc spend $3 million to

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Daimler to spend $255 million updating diesel cars

FRANKFURT (Reuters) – Daimler said its management board had approved measures to cut diesel pollution including an investment of 220 million euros ($255 million) to

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BNY Mellon names former Visa CEO to top job

(Reuters) – Bank of New York Mellon Corp on Monday said former Visa chief executive Charles Scharf will take the top job at the world’s

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Doha mall's $1 billion-plus loan refinancing frozen amid Qatar boycott: sources

DUBAI/DOHA (Reuters) – The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed

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Germany eyes effective emission control from diesel cars

FRANKFURT (Reuters) – Germany is considering “effective measures” to cut pollution from diesel engines, the transport ministry said on Saturday, reacting to a media report

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