Volkswagen pleads guilty in U.S. court in diesel emissions scandal
DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker’s diesel emissions scandal. ... read more »
U.S. extends leniency programme for companies that disclose bribery
MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when employees may have paid bribes, a senior official said on Friday. ... read more »
Lloyds, two others dismissed from yen Libor litigation in U.S
NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many financial services companies to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. ... read more »
Crunch week as Fed meets on rates, Trump team joins G20
LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or instead take investors into a whole new round of uncertainty. ... read more »
More from Economy
Withdrawing Money From ATMs Outside Home Branch Network May Cost You
The Reserve Bank of India is considering if banks can charge a fee for using automated teller machines (ATMs) to withdraw money from outside the home bank network. Home bank network means... read more »
Rupee hits three-week high
The rupee rises to 60.12/13 from 60.31/32 on Wednesday, after earlier rising as high as 60.09, a level last seen on April 10. USD/INR was under pressure as month-end dollar buying by oil... read more »
indias $ 325 billion of exports Targe Will be not completed this year:FIEO
New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns ( FIEO ) said the... read more »
GDP growth to persist in 4.5-5% range in 2014: Nomura
The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and monetary policy tightening, says a... read more »
One toll tag for Delhi-Mumbai national highway from August
zip across Delhi-Mumbai highway without stopping at any of the toll plazas with a single radio frequency identification (RFID) tag. Electronic toll collection (ETC) at 50 toll plazas on the golden... read more »
