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Posted: 2019-02-20 16:31:56
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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 euros ($5.1 billion) in penalties.
Posted: 2019-02-20 16:27:23
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Canadian train-and-plane maker Bombardier will deliver a handful of its new flagship Global 7500 business jet to customers during the first half of 2019, with the remaining 10-15 deliveries expected during the back half of the year, chief financial officer John Di Bert told an investor conference on...
Posted: 2019-02-20 16:19:42
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German prosecutors have launched a probe into Daimler for allegedly failing to prevent diesel emissions cheating, possibly resulting in a fine for the carmaker, as its legal woes mount up over the affair.
Posted: 2019-02-20 16:11:20
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A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.
Posted: 2019-02-20 16:10:56
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Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months into the job, the latest in a string of top-level departures at the company.