Tuesday 19 March 2024
 
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Scandal

Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Mystery deepens over 1MDB's $3.5bn sent to BVI entity

The mystery over who controlled a British Virgin Islands-registered company that received $3.5 billion from Malaysia’s scandal-tainted state fund 1MDB deepened on Monday when a company in the Middle East with an almost identical name sai

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No emissions scandal compensation scheme in Europe: VW

Volkswagen has said there were no grounds to replicate in Europe a compensation programme it plans for US drivers affected by its diesel emissions scandal, rejecting a demand from the European Union's industry commissioner. &n

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Fifa dumps its once-powerful secretary general

World soccer body Fifa said on Wednesday it had fired Secretary General Jerome Valcke, a move that comes amid alleged corruption involving World Cup ticket sales and a number of swirling scandals at the sport's governing authority.

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Swiss make more arrests in Fifa corruption scandal

Law enforcement officials made more arrests on Thursday in the ongoing investigation of soccer's world governing body Fifa, at least some of them in a pre-dawn raid on a hotel in Zurich, Swiss authorities and the New York Times said.

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German car industry "unfazed" by VW scandal

Germany's auto industry does not seem to have been affected by the emissions scandal at Volkswagen, Ifo economist Klaus Wohlrabe told Reuters on Monday, adding that companies in this sector had revised their production plans upwards.

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German car industry "unfazed" by VW scandal

Germany's auto industry does not seem to have been affected by the emissions scandal at Volkswagen, Ifo economist Klaus Wohlrabe told Reuters on Monday, adding that companies in this sector had revised their production plans upwards.

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VW brand faces full-year loss on scandal costs

Volkswagen's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's rigging of diesel emissions tests, two company sources said on Friday.

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Diesel scandal casts gloom over VW's home town

Workers in Volkswagen's home town of Wolfsburg have been left fearing for their futures after the carmaker was plunged into crisis because of rigged US diesel emission tests.   VW has seen its long establishe

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