Deutsche Bank to pay $16m to settle US 'princelings' case

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Deutsche Bank to pay $16m to settle US 'princelings' case

Deutsche Bank has agreed to pay $16m (£13m) in a civil settlement with the US authorities after allegations that it hired unqualified relatives of powerful Russian and Chinese government officials to win and retain business. The Securities and Exchange …
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Nirmala Sitharaman announces measures to revive economic growth, says more to follow | Highlights

In a much-anticipated press conference, Finance Minister Nirmala Sitharaman on Friday announced a slew of measures to revive economic growth. Giving in to the demands of overseas investors, Nirmala Sitharaman on Friday announced a rollback of …
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Amazon Takes Options to Buy Stake in Cargojet

Amazon.com Inc. has signed a deal with Cargojet Inc. that would allow the online retailer to buy a stake in the Canadian cargo carrier. Under the agreement, Mississauga, Ontario-based Cargojet will issue warrants to Amazon in two tranches to purchase …
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Porsche shows off the interior of its first EV ahead of September 4th reveal

Porsche has shown the first photos of the screen-laden cockpit of the Taycan, the company’s inaugural electric vehicle and the tip of the spear of parent company Volkswagen’s attempt to distance itself from Dieselgate with a massive push into EVs.
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Eddie Stobart suspends trading in its shares after accounting error

The company said there was a £2m error in its 2018 accounts, and that profits for the first half of 2019 would be “significantly lower” than forecast.
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