Business

France probes Apple over restricting smartphone repair

France is investigating US tech giant Apple over it allegedly planning for smartphones to become out of date through restricting their repair, prosecutors and an association said on Monday.

Automotive

Former boss to pay Volkswagen record sum over Dieselgate

Former Volkswagen chief executive Martin Winterkorn will pay the auto giant a record mulimillion sum to settle a negligence claim surrounding the "Dieselgate" emissions scandal, informed sources said Sunday.

Automotive

Volkswagen hoaxes media with fake news release as a joke

Volkswagen of America issued false statements this week saying it would change its brand name to "Voltswagen," as a way to stress its commitment to electric vehicles, only to reverse course Tuesday and admit that the supposed ...

Business

Wirecard goes bust as scandal puts focus on German oversight

An accounting scandal at one of Germany's fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country's ...

Automotive

Mass English lawsuit over VW 'dieselgate' reaches court

Volkswagen faced its first mass lawsuit in the English courts on Monday over the "dieselgate" emissions scandal, with around 90,000 drivers demanding compensation from the German auto giant.

Business

VW diesel scandal cost German carmakers plenty

The Volkswagen diesel emissions scandal pulled down sales for other German car companies by about 105,000 vehicles worth $5.2 billion in 2016, according to a study that looked at how much collective reputation matters.

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