Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, poses during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt FRANKFURT (Reuters) – The biggest threat... Read more »

Johnson & Johnson receives federal subpoenas related to baby powder litigation

(Reuters) – Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos... Read more »

Standard Chartered sets aside $900 million to cover U.S., British fines

(Reuters) – Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on Thursday,... Read more »

Samsung announces folding phone with 5G at nearly $2,000

SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals... Read more »

Canada to release federal budget on March 19: finance minister

FILE PHOTO: Canada’s Finance Minister Bill Morneau talks as Bank of Canada Governor Stephen Poloz looks on at the start of a meeting with provincial and territorial finance ministers... Read more »

UBS to appeal after fined 4.5 billion euros in French tax fraud case

PARIS (Reuters) – A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion... Read more »

Tesla’s top lawyer leaves two months into the job

FILE PHOTO: A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt, France, January 12,... Read more »

U.S. ambassador to Italy visits Telecom Italia headquarters

U.S. President Donald Trump’s nominee for ambassador to Italy Lewis Eisenberg testifies at the Senate Foreign Relations Committee hearing on his nomination on Capitol Hill in Washington, U.S. July... Read more »

Swedish TV says Swedbank linked to Baltic money laundering scandal

The Swedbank logo is pictured on its branch in Riga October 21, 2014. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – Swedish television (SVT) said on Wednesday it had uncovered documents linking... Read more »

Lockheed unveils new F-21 fighter jet configured for India

FILE PHOTO – Trade visitors are seen walking over a road crossing covered with Lockheed Martin branding at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. REUTERS/Toby Melville/File... Read more »